Brussels in Crisis Mode: EU Energy Ministers Set for Emergency Meeting Amid Iran War Disruptions

EU energy ministers are scheduled to hold an emergency video conference tomorrow, Tuesday, March 31, 2026, to coordinate a response to the massive volatility in global oil and gas markets caused by the Iran conflict. According to a document seen by Reuters, the meeting is set for 13:00 GMT.

The talks will focus on assessing supply pressures and price spikes, with Brent crude nearing $115 per barrel. Ministers aim to identify concrete, unified measures to mitigate the impact of the Strait of Hormuz closure. Potential strategies include coordinating the release of strategic petroleum reserves and securing alternative LNG pathways to shield the European economy from the escalating Middle East crisis.