As I understand it, time is not an observable in quantum mechanics, therefore $\Delta E \Delta t \geq \hbar/2$ is just a way to say that, given any operator $\hat{A}$, $$\sigma_H\sigma_A\geq\frac{\hbar}{2}\left|\frac{d}{dt}\langle A\rangle \right|$$ $$\Rightarrow \sigma_H\left(\frac{\sigma_A}{\left| \frac{d}{dt}\langle A\rangle\right|}\right)\geq\frac{\hbar}{2},$$ and since $\sigma_A / \left| d/dt\langle A\rangle\right|$ has the same unit as time we say that $\Delta E \Delta t \geq \hbar/2$, but $\Delta t$ is just a way to say how quick the expected value of the observable $A$ is changing and the expression for the uncertainty principle is some kind of statement about the stability of the system.
At the same time, I've seen some physicists say that this expression tell us that, for a small time interval, we can "violate" the conservation of energy by a small amount. But how exactly, in this context, should we think about the "small time interval"? Is it just an observable whose expected value varies quickly in respect to time? If so, can we say that for such an observable the conservation of energy is violated?