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Oct 2026
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Europe’s €100 billion winter problem: how the energy crisis is pushing up costs for households and businesses

The European Commission foresees no supply shortages, but Energy Commissioner Dan Jørgensen warned of a difficult season, with Brussels weighing measures to curb transport fuel costs as energy poverty threatens to spread across the bloc

Europe buys Russian oil from backdoor via India

Europe typically imported an average of 154,000 barrels per day (bpd) of diesel and jet fuel from India before Russia's invasion of Ukraine