Romania and Bulgaria rush to secure energy before US oil sanctions hit – TVP WorldWith U.S. sanctions on Russian oil days away, Romania and Bulgaria are scrambling to protect their energy sectors. Romania plans to take over the Petrotel Lukoil refinery, which meets a quarter of its fuel needs, after efforts to find a private buyer fell through. In Bulgaria, where Lukoil’s massive Burgas refinery supplies 80% of the nation’s fuel, lawmakers have rushed through a bill allowing the government to assume control. Analysts say the decisions could bring both countries a step closer to real energy independence, though short-term disruptions remain likely.
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