EU warns of 'very high' energy prices this winter, no supply issues expected

EU Energy Commissioner Dan Jorgensen stated that while no supply disruptions are anticipated, oil and gas prices will remain 'very high' this winter, citing the Middle East conflict as a driver. The warning highlights potential worsening of energy poverty, with nearly 50 million Europeans already unable to heat homes adequately. This signals sustained inflationary pressure and economic strain on European industry.