EU's von der Leyen and Costa to speak with Gulf leaders on Monday; EU commission is looking at possible financial support to aid the resumption of supplies via the Druzhba oil pipeline

Context

The upcoming discussions between EU leaders and Gulf representatives signal a proactive approach to securing oil supply routes, particularly through the Druzhba pipeline. If financial support is indeed mobilized, it could not only alleviate supply disruptions but also impact energy prices, particularly WTI, amid ongoing geopolitical tensions.

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