The Hormuz Effect in Romania: Bucharest Records Highest Electricity Prices in Europe While Gas Imports via TurkStream Surge by 22% — NRG-IA

Geopolitical Context: A Lasting Energy Shock The escalation of tensions in the Middle East, centered on the Iran axis and the vulnerability of the Strait of Hormuz, has moved beyond diplomatic warnings, morphing into a crisis with a direct impact on European energy bills. The European Commission is actively preparing for a prolonged crisis scenario. According to recent statements by the European Commissioner for Energy, the bloc is analyzing "all possibilities" , including drastic measures such as fuel rationing and the release of strategic reserves. "According to our analysis, this situation will be long-lasting, and countries must ensure they have what they need," the European official warned. The Strait of Hormuz is the world's most critical transit point for oil, and any blockade or slowdown in flows here instantly translates into risk premiums on international markets. For the Romanian consumer, this shock is not a theoretical projection, but a reality already visible at the pump…