European Union nations have spent over €100 billion extra on energy imports since the Iran war began, with no additional oil or gas received, as the Strait of Hormuz closure drives pump prices up nearly 50% and ministers meet in Dublin to accelerate the shift to homegrown electr…
EU energy bill surges by €100bn after Iran war as Hormuz closure tightens supply
European Union nations have spent over €100 billion extra on energy imports since the Iran war began, with no additional oil or gas received, as the Strait of Hormuz closure drives pump prices up nearly 50% and ministers meet in Dublin to accelerate the shift to homegrown electricity.
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