00:0111 EU countries have pledged to release 20.5 million barrels of diesel from strategic reserves
00:08by the end of January 2027, as persistent instability in the Middle East raises concerns
00:15over fuel supplies ahead of winter, according to a document seen by Euronews.
00:20While Brussels maintain that physical shortages are not foreseen,
00:24Energy Commissioner Dan Jorgensen argued that skyrocketing prices will end up depriving
00:29the most vulnerable. The EU is exposed to diesel disruptions in refined fuel markets
00:35which affect road transport, freight, agriculture and industry. Releasing strategic stocks under
00:42pressure from the United States administration could help increase immediate supply and ease
00:47market pressures. However, analysts see it as a temporary measure and not a solution to underlying
00:54vulnerabilities in the bloc's energy system. The 11 governments urged the Commission to
01:00coordinate monitoring to collect monthly data on the volumes released, the types of products
01:06and the timing of deliveries.
