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EU Countries Face Nearly €41bn in Extra Fossil Fuel Costs

CREA said clean power saved importing countries €36 billion in the first five months, underscoring how renewables can cut exposure to fuel-price spikes.

Summary by Euronews
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.

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ecotopical.com broke the news on Tuesday, August 25, 2026.
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