The European Commission (EC) is closely monitoring the rise in oil prices caused by the conflict in the Middle East, but does not yet plan to take measures to stabilize prices on the European market. This was stated by the head of the European Commission's press service, Paula Piño.
Earlier, the price of Brent oil for delivery in August 2025 on the London ICE exchange exceeded 81 USD per barrel for the first time since January 20, and Brent futures rose by more than 5%. Later, a correction occurred and the price fell to 76.54 USD per barrel (-3.08%), and WTI oil futures for delivery in August 2025 lost 2.55% and amounted to 73.37 USD per barrel.