According to Jorgensen, the European Union is facing a "price crisis related to the supply crisis." The situation in the oil and gas markets has been complicated by the aftermath of the war with Iran and disruptions in energy resource supplies. The European Commissioner suggested that national governments consider implementing measures that will help maintain gas injection into storage while simultaneously reducing demand for gas and electricity for as long as necessary. As reported by **bb.lv**, a week ago, the President of Latvia, Edgars Rinkevics, stated: "We are living in a troubling time, the situation is changing rapidly, and the coming months will be challenging for our country, as well as for many others." It should be noted that there is currently no talk of mandatory Europe-wide consumption restrictions. Brussels is suggesting that individual countries assess the need for such measures based on the situation in their energy markets. Jorgensen noted that the European Union is now better prepared for potential supply issues than during the energy crisis of 2021–2022. However, he stated that countries need to strengthen their preparations for the upcoming winter season.
