News about Energy crisis

The EU is considering all options, including fuel rationing and releasing more oil from strategic reserves, as it prepares for a prolonged energy crisis caused by war in the Middle East.

The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect from April 4 to 6.

The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, April 3.

Gas prices in Europe have soared by 70% and supplies are running low. Supply disruptions, rising inflation and a possible tightening of ECB policy are fueling fears of a repeat of the 2022 energy crisis.

Eight opposition MPs have submitted to the legislature a draft law on reducing VAT and excise duties on fuel imported into the country. “This is not a “gift” from the state, but an act of saving the economy and citizens from the consequences of the fuel crisis,” the authors of the document said.

The price of diesel fuel, which will be applied over the weekend, increased by more than 1 leu and exceeded 32 lei per liter.