Europe paid $113.5 billion more for energy since the Iran war, and gained not one extra barrel
- Iran: 462 events in the last 90 days
- Previous: earlier the same day · UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs
What happened
The closure of the Strait of Hormuz has driven up fuel costs and intensified calls for Europe to rely less on imported fossil fuels
Summary assembled by rule from the sources below