EU backs local suppliers as Middle East tensions lift oil - 9 Sep 2026

Prysmian Daily News Update · Sep 9, 2026 · 2m

As of September 9, today’s news highlights new public procurement rules by EU and escalating tensions in the Middle East, which have significantly impacted global oil prices. The EU has introduced new public procurement rules aimed at fostering domestic engagement in response to competitive pressures from China. These measures are intended to shift public spending toward European suppliers and stipulate that quality metrics must be prioritized over purely cost considerations - a move that highlights the EU's focus on protecting and promoting its industries amidst external competition. In a…