“Data from S&P Global Commodities at Sea shows Europe’s jet fuel and kerosene imports reached 1.064 million metric tonnes in March, down from 1.111 million in February.”

“EU governments were also urged to ensure adequate gas storage for the upcoming winter without triggering price spikes or market disruptions.”

“Jørgensen highlighted that an effective closure of the Strait of Hormuz — a vital route for around 25–30% of global oil and 20% of LNG — is putting significant pressure on international markets.”

“The EU relies on global fossil fuel markets, competing directly with other consumers. With the current tight oil and gas market, heightened competition is creating greater price and supply volatility, prompting several LNG tankers bound for Europe to divert to Asia for higher returns.”

“The conflict has already pushed Brent crude to $119 per barrel, up from around $70 before the war, with analysts warning prices could surge to $200 under unpredictable scenarios.”

“Natural gas prices could also rise to levels seen during the 2022 energy crisis, when the bloc lost around 44–45% of its Russian imports following Moscow’s invasion of Ukraine.”

“Andreas Guth, secretary general of trade association Eurogas, said it is 'critical for Europe’s future' to remove unnecessary delays and uncertainties in accessing new supplies under EU rules.”

“European Commissioner Dan Jørgensen told EU ministers that the bloc is 'relatively prepared' thanks to storage rules and contingency plans.”

“The instruction to lower gas storage levels to 75% is a specific action, so that's a claim.”

“The EU's 90 days of emergency oil stocks and 100 million tonnes reserves equivalent to Germany's consumption is a factual claim.”

“The IEA releasing 400 million barrels and EU contributing 20% is a specific number.”

“The Commission's warning about uncoordinated policies disrupting the market is a claim.”