Key events

    Europe is one of the most exposed regions on diesel, energy chief warns

    Keeping with the energy theme, the International Energy Agency’s executive director Fatih Birol warned that Europe is one of the most exposed regions regarding the diesel market, Reuters reported.

    “If there is a need for more strategic reserve releases, we will discuss with our member governments,” he said.

    Earlier today, Ryanair CEO Michael O’Leary said that demand for ⁠air ​travel ‌remained ‌very ‌strong because airlines had kept fares ‌low, but warned ​that this ⁠could not continue ​next year with oil ​prices ​at ​current ‌levels, pushing air fares to go “dramatically higher.”

    ShareMorning opening: Russia hits port facilities in Odesa

    Jakub Krupa

    Jakub Krupa

    Russia hit damaged port infrastructure facilities and other sites in Ukraine’s Black Sea region of Odesa, a regional governor said.

    Firefighters work at the site of a warehouse hit by an overnight Russian drone strike, amid Russia’s attack on Ukraine, in Odesa region. Photograph: State Emergency Service Of Ukraine/Reuters

    At least eight people were injured.

    “Operations to address the aftermath are under way at the scene. All those injured are receiving the necessary medical assistance,” regional governor Oleh Kiper ​said ​on ​Telegram.

    I will keep an eye on the latest from Ukraine throughout the day.

    Separately, Lithuanian PM Mindaugas Sinkevičius is meeting Nato’s secretary general Mark Rutte this morning for talks and a joint press conference amid growing Russian pressure on the eastern flank of the alliance. Expect to hear a clear message of defiance and unity.

    Elsewhere, EU energy commissioner Dan Jørgensen is in Dublin, chairing talks on the bloc’s energy supplies ahead of the winter. A press conference is expected in the late afternoon.

    I will bring you all the latest from across the continent here.

    It’s Tuesday, 29 September 2026, it’s Jakub Krupa here, and this is Europe Live.

    Good morning.

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