Romania Declares Crisis Situation on the Crude Oil and Petroleum Products Market

An emergency ordinance declaring a crisis situation on the crude oil and petroleum products market has officially come into effect in Romania. According to the Romanian Government, the ordinance applies to the period from April 1 to June 30, 2026, but it may be extended depending on developments in the Middle East.

The ordinance was adopted with the aim of protecting citizens and the economy in light of events on the energy market.

The first measure under the ordinance concerns restrictions on the export of crude oil and diesel. Companies wishing to export to the European Union are required to obtain prior approval from the competent authorities, and penalties are envisaged for failure to comply with this obligation.

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The next measure applies to fuel producers, importers, and distributors, who will be required to limit trading margins to the average levels recorded in 2025.

Another measure allows for a reduction in the share of biodiesel in gasoline, which will help limit the final price for consumers.

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