The war with Iran has already cost Europeans several billion euros 0

World News
BB.LV
The war with Iran has already cost Europeans several billion euros
Photo: LETA

Military actions in the Middle East have already led to additional costs for residents of Europe amounting to several billion euros due to rising energy prices, said European Commission President Ursula von der Leyen on Wednesday, according to LETA citing DPA.

“Since the beginning of this conflict, gas prices have risen by 50%, and oil prices by 27%,” said von der Leyen while speaking in the European Parliament in Strasbourg.

“If expressed in euros, ten days of war have already cost European taxpayers an additional three billion euros for fossil fuel imports. That is the price of our dependence,” noted the President of the European Commission.

She reported that the European Commission is currently assessing the possibility of implementing measures to reduce energy costs, including the introduction of a price cap on fuel.

Von der Leyen emphasized that recent efforts to diversify fossil fuel suppliers have helped to limit the impact of the conflict in the Middle East.

“But that does not mean we are immune to price fluctuations. Energy markets are global. Regardless of the measures we take, as long as we import a significant portion of fossil fuels from unstable regions, we remain vulnerable and dependent,” said von der Leyen.

Redaction BB.LV
0
0
0
0
0
0

Leave a comment

READ ALSO