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The Times of India

Business / The Times of India

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No quick reset for oil, gas prices even after war ends? EU issues warning

European Union energy chief Dan Jorgensen stated that energy prices will remain high for the foreseeable future. He noted that even if peace is achieved tomorrow, a return to normal levels is not expected soon. The EU is preparing measures to assist families and businesses. Efforts are underway to diversify energy sources and reduce reliance on Russian gas.

1 Apr 2026 10:39 am