EU Groups Looking At Energy-Saving Measures In Response To Iran War Crisis
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Key European Union oil and gas groups will hold meetings this week as countries around the bloc scramble to deal with the impact of the US-Israel-led war with Iran on energy prices and supplies.
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Iran EU Groups Looking At Energy-Saving Measures In Response To Iran War Crisis By Rikard Jozwiak April 07, 2026 16:08 CET EU Groups Looking At Energy-Saving Measures In Response To Iran War Crisis Share Share Print Key European Union oil and gas groups will hold meetings this week as countries around the bloc scramble to deal with the impact of the US-Israel-led war with Iran on energy prices and supplies. European Commission spokeswoman Anna-Kaisa Itkonen told a news briefing on April 7 the oil coordination group will meet on April 8, while the gas group will convene the following day. The EU is facing energy-saving measures such as reduced air travel, highway speed limits, and work-from-home directives as the war has resulted in the blockage of the Strait of Hormuz, the transit corridor for about 20 percent of the world's oil and gas. SEE ALSO: How Iran's Hormuz Blockade Chokes Global Trade Beyond Oil And Gas Last month the bloc's energy ministers held an emergency meeting, and while no concrete measures were agreed upon the European commissioner for energy, Dan Jorgensen, promised that Brussels would soon be announcing a package of EU-level measures. According to EU officials familiar with the file who spoke to RFE/RL on the condition of anonymity, these measures might include more flexible state aid rules for energy companies as well as a push for more renewables and nuclear energy. They also could potentially include more drastic emergency moves -- similar to when Russia launched its full-scale attack on Ukraine in early 2022 -- such as an EU-wide cap on gas prices and taxation of energy companies' windfall profits. The 27-nation bloc is already bracing for a big economic hit if the war drags on. German Chancellor Friedrich Merz told reporters last week that the burden on the EU's economy might be as heavy as it was during the Covid-19 pandemic or first few months of the Ukraine war. Ahead of the meeting of energy ministers, Jorgensen wrote a letter to me...
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