EU tells countries to prepare for ‘prolonged disruption’ to energy markets from Iran war

European Union governments should prepare for a “prolonged disruption” to energy markets as a result of the Iran war, the bloc’s energy chief has told countries’ ministers ahead of an emergency meeting on Tuesday.In a letter to energy ministers, dated March 30 and seen by Reuters, EU Energy Commissioner Dan Jorgensen said governments were “encouraged to make timely preparations in anticipation of a potentially prolonged disruption.”For all the latest headlines follow our Google News channel online or via the app.Europe’s heavy reliance on imported fuel means the continent is very exposed to the Middle East conflict’s impact on global energy prices. European gas prices have jumped more than 70 percent since the US-Israeli war on Iran began on February 28.The bloc’s supplies of crude oil and natural gas have not been hit directly by the closure of key shipping route the Strait of Hormuz, since Europe imports most of those energy sources from suppliers outside of the Middle East.However,

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