European Commission President Ursula von der Leyen said the European Union will take steps to respond to rising energy prices. The measures she cited include launching a strategic dialogue with European refineries and strengthening joint energy purchasing across the bloc. Von der Leyen also pointed to the scale of the recent price surge, saying that since late February, natural gas prices in Europe have climbed 140%, diesel prices have doubled, and spending on imported fossil fuels has increased by about 100 billion euros. The remarks were reported by ChainCatcher.
European Commission President Ursula von der Leyen said the European Union will take measures to address rising energy prices, according to ChainCatcher.
The steps she mentioned include launching a strategic dialogue with European refineries and strengthening joint energy purchasing.
Von der Leyen said that since late February, natural gas prices in Europe have risen 140%, diesel prices have doubled, and spending on imported fossil fuels has increased by about 100 billion euros.
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