The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, March 31.

Energy Minister Dorin Jungietu, in a video interview with ZDG, called “populism” the opposition’s proposal to lower excise taxes on fuel at a time when oil prices are rising sharply in the world and on gasoline and diesel in Moldova.

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.

Europe is facing near-empty gas storage facilities just as the gas stockpiling season is about to begin. As key reservoirs are depleted, this means it will have to compete with Asian buyers for supplies.

Viktor Orbán’s threat announced yesterday has today materialized into a decree of the Hungarian government. On Thursday morning, portfolio.hu reported that the government announced a package of decrees to increase strategic gas reserves and, quoting the publication, to stop exporting natural gas to Ukraine.

The country’s Prime Minister Viktor Orbán has announced that gas supplies to Ukraine will be cut off until oil supplies via the Druzhba oil pipeline are resumed.

The government is analyzing three economic scenarios, including the most pessimistic one, if the global energy crisis drags on. President Maia Sandu spoke about this at a press conference.

The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, March 24.

“The supply shocks underscore the risk that oil prices could stay above $100 longer in risky scenarios with longer disruptions and greater sustained supply losses,” Goldman Sachs analysts said.

Brussels has urged EU states to lower their gas storage fill targets and begin gradual replenishment of reserves amid a surge in energy prices due to the war in the Middle East.

Against the backdrop of the ban by the head of the European Commission Ursula von der Leyen to buy Russian energy, traders are looking at thermal coal.

US President Donald Trump has listed the goals of the military operation in Iran.

Orban, speaking to reporters after blocking a 90 billion euro loan to Kiev, said he and his government “have other tools” besides withholding the financial aid Ukraine needs.

The March 19 summit of EU heads of state was supposed to focus on competitiveness and discuss comprehensive measures that would boost EU economic growth.

Due to the crisis in the Middle East, global gas prices have increased. However, Moldova has not suffered yet – the country does not import gas from this region. Moreover, purchases are made under contracts indexed one month in advance. The director general of the National Energy Regulatory Agency (ANRE), Aleksey Taran, assured that the regulated gas price will remain unchanged for the time being.

Sri Lanka has introduced additional restrictions on fuel sales amid supply problems related to the situation in the Strait of Hormuz. Now the refueling of cars depends not only on QR codes, but also on the last digit of the license plate: cars with even-numbered license plates can receive gasoline on even days, with odd-numbered license plates – on odd days.

US President Donald Trump has vowed to “blow up everything” in Iran’s South Pars gas field if Tehran attacks Qatari gas fields again.

Almost 75% of buildings in Moldova were commissioned before 2005 and built without modern energy efficiency standards. By 2050, the authorities plan to reduce consumption in the residential sector by 40.8%, and by 2030 to reduce energy consumption to 2.8 million tons of oil equivalent (or 3 million tons of primary energy).

The volume of natural gas consumption in Moldova in February 2026 amounted to 154.2 million m³, which is 3.5% more than in the same period of 2025, the press service of the state enterprise Energocom said.

Danish Energy Minister Lars Ogor urged the country’s citizens not to get behind the wheel of a car unless absolutely necessary to save energy resources amid rising fuel prices.
