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Repsol Says 90% of Its Crude Supply Risks Breaching New EU Rules
Source: Bloomberg
Regulation & LegislationEnergy Markets & PricesCommodities & Raw MaterialsESG & Climate PolicyTrade Policy & Supply Chain
Repsol expects roughly 90% of its crude-oil supply to fail to meet new EU methane requirements scheduled to take effect in January. The company’s warning adds to industry concerns that the regulation could disrupt crude availability and threaten European energy supplies, potentially increasing supply-chain costs and market tightness.
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