EU countries face nearly €41bn in extra fossil fuel costs as Hormuz crisis exposes energy vulnerability
- Hormuz: 25 events in the last 90 days
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What happened
European countries have spent unforeseen billions of euros on fossil fuel imports due to the drastic surge in prices that followed the war against Iran. Meanwhile, European and international groups are urging Ursula von der Leyen to set out a plan to phase out fossil fuels. #EuropeNews
Summary assembled by rule from the sources below