Commodities

European Commission President von der Leyen says Europe must address structural issues that leave it exposed to volatile foreign fossil fuel markets

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Von der Leyen said Europe must address structural exposure to volatile foreign fossil fuel markets; the EU will extend exporters’ methane-compliance timeline and open a refinery dialogue.

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EU will give exporters an extra year to comply with the methane regulation. EU will launch a strategic dialogue on European refineries to bring down costs and ensure supplies.

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