EU officials warn that rising energy prices could mirror the 2022 crisis, driven by geopolitical tensions and supply disruptions. Despite improvements in clean energy production and infrastructure, uncertainty remains high as the conflict’s duration impacts market stability. Coordinated EU measures are underway to mitigate risks.

The European Commission has finalised trade agreements with Australia, India, and Mercosur, facing farmer discontent over the latter due to concerns about beef imports. While Australia secured 30,600 tonnes of annual beef access with conditions, tensions remain regarding competitive pressures on EU agriculture.