00:0111 EU countries have pledged to release 20.5 million barrels of diesel from strategic reserves by the end of
00:09January 2027 as persistent instability in the Middle East raises concerns over fuel supplies ahead of winter, according to a
00:18document seen by Euronews.
00:19While Brussels maintain that physical shortages are not foreseen, Energy Commissioner Dan Jorgensen argued that skyrocketing prices will end up
00:29depriving the most vulnerable.
00:31The EU is exposed to diesel disruptions in refined fuel markets, which affect road transport, freight, agriculture and industry.
00:40Releasing strategic stocks under pressure from the United States administration could help increase immediate supply and ease market pressures.
00:48However, analysts see it as a temporary measure and not a solution to underlying vulnerabilities in the bloc's energy system.
00:57The 11 governments urged the Commission to coordinate monitoring, to collect monthly data on the volumes released, the types of
01:05products and the timing of deliveries.
