Easing sanctions on Russian energy would be a “major mistake” by European countries, International Energy Agency chief Fatih Birol warned in an interview with Euronews, as the bloc deals with the ramifications of a second energy shock in four years.
The EU is weighing measures to ease price pressures on member states resulting from the Strait of Hormuz crisis, a vital route that carries one fifth of global oil supplies, after the regime in Tehran effectively shut down the passage last March.
