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Europe faces energy crisis as diesel prices surge and gas storage falls
The European Union faces a potential energy crisis as it approaches winter, with officials warning of the most difficult season since 2022. Gas storage levels in Europe were reported at approximately 69 percent in mid-September 2026, significantly below the five-year average of 85 percent. This shortage is compounded by Russia's restrictions on diesel exports and supply disruptions in the Middle East.
Fuel prices are surging across the continent. Diesel prices in the EU have reached record highs, with some reports indicating a 40 percent increase. In Greece, wholesale electricity prices saw a significant spike, rising 21.6 percent in a single day, while Brent crude oil remains above $105 per barrel. The increased cost of road fuels has reportedly added a burden of roughly 53 billion euros to the EU since the onset of the Iran conflict.
In response, French President Emmanuel Macron has called for temporary relief from European Commission energy rules to allow refineries to boost diesel and kerosene production. Additionally, U.S. President Donald Trump has expressed support for a potential ban on American diesel exports, a move that traders warn could have catastrophic consequences for European supply. Meanwhile, the EU Council has extended sanctions against over 3,000 Russian-linked individuals and entities until September 2029.
Entities
Dan Jorgensen · Donald Trump · Emmanuel Macron · European Union · Gas Infrastructure Europe · Greece · Russia · Ursula von der Leyen
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] European gas storage facilities were approximately 69 percent full in mid-September 2026, below the five-year average of 85 percent. news.republika.co.id
- [○ 1 SOURCE] The surge in road fuel prices since the Iran conflict broke has added a burden of about 53 billion euros to the EU, or an average of 270 million euros per day. news.republika.co.id
- [○ 1 SOURCE] Government spokesperson Pavlos Marinakis announced that measures for motor fuels will be presented on Wednesday, September 30. tempo24.news
- [● 2 SOURCES] President Macron requested the European Commission to provide temporary relief on certain energy rules to allow refineries to increase diesel and kerosene production. news.republika.co.id · www.zvornikdanas.com
- [○ 1 SOURCE] The European Union Council extended sanctions against more than 3,000 individuals and entities until September 2029. news.republika.co.id
- [● 2 SOURCES] Brent crude oil prices moved above $105 per barrel. epirusonline.gr · tempo24.news
- [● 2 SOURCES] European Commissioner for Energy Dan Jorgensen stated the EU could face its toughest winter since 2022. www.zvornikdanas.com · lat.sputnikportal.rs
- [● 3 SOURCES] U.S. President Donald Trump expressed agreement with a potential ban on U.S. diesel exports. www.zvornikdanas.com · www.newsit.gr · lat.sputnikportal.rs