Brussels Prepares Fuel Rationing Amid Middle East Shock, While Bucharest Reports the Highest Electricity Prices in Europe — NRG-IA

What Happened: European Emergency Measures and Local Market Extremes The European Union is drafting a new package of emergency measures to counter an energy shock described as "lasting," generated by the conflict in the Middle East. According to official statements, the European Commission is evaluating "all possibilities," including the implementation of fuel rationing mechanisms and the release of massive quantities of oil from the strategic reserves of member states. Locally, Romanian consumers are facing a price paradox. A recent study shows that Bucharest has reached the top of the European ranking regarding electricity costs for residential customers. Prices in the Romanian capital exceed the European average both in nominal value and adjusted for purchasing power parity (PPS). Simultaneously, the fuel market is experiencing extreme volatility. Petrom has once again raised the price of diesel, bringing it back above the 10 lei/liter threshold, while Rompetrol has aggressively…