EU Warns of "Long-Lasting" Energy Shock, Considers Rationing

The European Union's energy chief has issued a stark warning: the bloc must prepare for a prolonged energy crisis. In response, officials are now actively assessing emergency measures, including the rationing of fuel. Kadri Simson, the EU's Energy Commissioner, stated the "energy shock" caused by the war in Ukraine will be "long-lasting." To address severe shortages, the European Commission is studying a mandatory demand reduction plan for oil. This could mean limiting fuel supplies across the 27-nation bloc. Alongside possible rationing, the EU is ready to release more oil from strategic reserves. These are emergency stockpiles held by member countries. The goal is to increase supply and lower soaring prices. The warning highlights Europe's urgent struggle to replace Russian energy imports. While the EU has made progress in filling gas storage, securing enough oil and diesel remains a major challenge for the coming winter.