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Image header Agence Europe
Europe Daily Bulletin No. 13916
Contents Publication in full By article 26 / 27
NEWS BRIEFS / Energy

No oil supply problem expected in immediate future in EU, according to Commission Coordination Group

24/07/2026 (Agence Europe) – The European Commission’s Oil Coordination Group, made up of experts from EU Member States, industry, the International Energy Agency, NATO and the Commission, stated on Thursday 23 July that “there is no supply problem at this stage”. The experts acknowledged that “the duration of the conflict in the Middle East could have a significant impact in the coming weeks and months and further tighten the markets”, echoing the IEA’s Executive Director, Fatih Birol, who spoke on Tuesday (see EUROPE 13914/25). Nevertheless, the Coordination Group said, “demand for crude oil and oil products in Europe can continue to be met through commercial stocks and alternative supplies from global markets”. (ND)

Contents

SECTORAL POLICIES
CLIMATE: ETS - first Irish compromise could be presented to EU Council in September if Member States do their “summer homework”
CLIMATE: COP31 in Türkiye - EU could join forces with India, China or Saudi Arabia to make up for absence of United States
DIGITAL: European Commission finds TikTok does not sufficiently protect minors’ accounts and asks it to change its settings
DIGITAL: Google - US administration criticises fine imposed under DMA, which threatens continuity of trade with EU
DIGITAL: ENISA publishes public procurement guidelines on cybersecurity for hospitals and healthcare providers
DIGITAL: industry calls for Digital Networks Act to be amended to meet needs of connected vehicles
HOME AFFAIRS: European Commission proposes EU Council conclude agreement on exchanging air passenger data with South Korea
HEALTH: biotechnologies - amendments to regulation concern intellectual property, priority projects, and clinical trials
EXTERNAL ACTION
UNITED STATES: almost one year after ‘Turnberry’, European Commission’s assessment is mixed, but stresses stability brought by agreement
PHILIPPINES: EU and Philippines deepen cooperation on defence and trade through Enhanced Partnership
ASEAN: four EU Member States join Treaty of Amity and Cooperation in Southeast Asia
IRAN: EU sanctions another six people responsible for serious human rights violations
SAHEL: seven Member States concerned about procedure for appointing new EU Special Representative, Birgitte Nygaard Markussen
ECONOMY - FINANCE - BUSINESS
STATE AID: in-depth investigation into four PostNord Strålfors capital injections
BANKS: European Banking Authority consults on technical standards specifying protection of bank deposits
ACCOUNTING STANDARDS: EFRAG recommends EU adoption of amendments to ‘IAS 28’
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: European Union Agency for Asylum presents review of its 2025 year and follow-up to its 2024-2028 fundamental rights strategy
NEWS BRIEFS
STATE AID: European Commission launches consultation on revised guidelines on restructuring non-financial undertakings in difficulty
BANKS: European Commission launches consultation on recent communication on competitiveness of European banking sector
CHINA: Beijing announces export restrictions on dual-use goods targeting 14 European entities
CHINA: France’s Denis Redonnet to coordinate work on EU-China trade relations at European Commission
ECB: Frankfurt-based institute seeks Europeans’ views on design of future euro banknotes
TRADE: European Commission consults on effectiveness of Regulation to control exports of dual-use items
ECONOMY: EU disburses €1.5 billion tranche of macrofinancial assistance to Egypt
EMPLOYMENT: European Commission launches evaluation of 2022 Council Recommendation on individual learning accounts
ENERGY: no oil supply problem expected in immediate future in EU, according to Commission Coordination Group
CIVIL PROTECTION: overtaken by uncontrolled fires, France and Spain activate Union Civil Protection Mechanism