Eni CEO Claudio Descalzi says the global energy situation may deteriorate further in the short term, citing tighter supply conditions and declining oil inventories. In comments to Italian daily Il Sole 24 Ore, Descalzi links the outlook to increased competition for available energy supplies, which could intensify price and availability pressures if inventories keep falling. The reports emphasize that the warning is driven by near-term market dynamics—particularly reduced stock levels and heightened demand for limited supply—rather than a specific policy or production decision. While both outlets cover the same statement, neither provides additional new data or forecasts beyond the executive’s assessment. Overall, Descalzi’s remarks suggest that risks to energy security and market stability remain elevated and could increase before improving, depending on inventory trends and how supply competition evolves.