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flag Romania declares fuel crisis, imposing price caps, export limits, and subsidies to stabilize markets.

flag Romania has declared a crisis in the crude oil and petroleum products market, implementing emergency measures to curb rising fuel prices. flag The government will cap fuel company margins, limit diesel exports, reduce biofuel content in gasoline, and provide subsidies to transport and agricultural sectors. flag These actions, effective immediately and lasting six months with possible extensions, require prior approval for fuel exports and intra-EU shipments. flag Authorities will monitor the market closely, with enforcement by agencies including ANAF and the Competition Council. flag The steps aim to stabilize prices amid global energy volatility, though officials stress they cannot fully offset international market trends.

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