Commissioner for Energy Dan Jørgensen, in a written answer on 12 June 2026, told MEP Martin Günther (The Left) that the EU's wholesale energy market regulation (REMIT) does not apply to mineral oil markets, and that unusual price divergences alone do not trigger competition investigations. The answer, responding to a question submitted on 26 March 2026, addresses concerns over windfall profits in the German fuel retail market following the Iran conflict. Jørgensen noted that REMIT covers only electricity, natural gas and hydrogen, not oil. He recalled that the Commission proposed the AccelerateEU initiative on 22 April 2026, which includes temporary measures to protect consumers from energy price spikes. On competition rules, he stated that an investigation would require evidence of anti-competitive agreements or abuse of dominance, not merely a gap between crude costs and retail prices. The answer offers no concrete new measures but reaffirms existing tools and invites Member States to use national taxation on windfall profits, with Commission assistance to ensure single market compatibility. The response leaves the door open for further monitoring of the crisis but does not commit to a specific investigation or margin threshold.
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