The EU Has Additionally Spent About 90 Billion Euros on Energy Imports Due to the Conflict over Hormuz, Von Der Leyen Said
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6 Articles
The EU's efforts in the area of energy diversification, investment in renewable sources and nuclear power have been affected by the crisis in the Strait of Ormuz, which cost Europe 90 billion euros extra for energy, the Chairman of the European Commission (EC), Ursula von der Lien, said.
The head of the European Commission, Ursula von der Lien, announced Europe's huge unexpected expenditure on hydrocarbon imports due to tensions in the Middle East. The European Union's extra spending on fossil fuels since the start of the situation around the Ormuz Strait has reached 90 billion euros, transmitting the RIA News. "The import of fossil fuels has cost us an additional 90 billion euros since the outbreak of the conflict in the Ormuz …
The EU's additional expenditure on fossil fuel imports since the beginning of the conflict around the Strait of Ormuz has been 90 billion euros, stated the Head... ~ 16.09.2026, PRIM
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Cryptocurrency News | Cryptocurrency Prices | Market CapIran conflict adds €90B to EU fossil fuel import costs, says von der Leyen
The EU's increased fossil fuel costs highlight the vulnerability of energy security to geopolitical tensions, urging a shift to renewables.
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