World

EU energy ministers discuss soaring fuel prices as winter looms

BRUSSELS: EU energy ministers will meet on Thursday to discuss energy security ahead of the winter heating season as the wars in Iran, Ukraine and Yemen send oil and natural gas prices soaring. Fighting has damaged refineries across the Middle East and Russia, ‌and hampered oil ‌and gas flows through vital ​shipping lanes in ‌the ⁠Black ​Sea, Red ⁠Sea and the Strait of Hormuz. “We are in a very serious situation now. It does not look like we have a security of supply issue but I would warn ag