EU will resume buying Russian gas once the Ukraine conflict ends, says Madyar in interview with Rzeczpospolita.
Energy coverage
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International Energy Agency (IEA) Chief Fatih Birol says the agency is prepared to coordinate further strategic oil reserve releases if necessary.
Global oil markets face growing supply pressures as a potential shortage looms.
Egypt finds approximately 330 billion cubic feet of natural gas in the Western Desert.
The International Energy Agency says the global oil market will remain severely undersupplied until the fourth quarter of 2026, even with pre-crisis surplus softening the impact of disruptions, and rebuilding depleted stocks may keep balances tight beyond 2026.
Bank of Japan's Koeda suggests recent developments may have increased likelihood of persistent high crude oil prices.
The Trump administration aims to increase energy exports to India, according to the US ambassador in New Delhi, ahead of Marco Rubio's visit to the world's most populous country.