Daily fossil fuel import costs have exceeded $587 million since the Middle East escalation, the bloc’s energy chief Dan Jorgensen has said
The EU is facing months of uncertainty as its energy crisis deepens following the escalation of the Middle East conflict, with the bloc now paying far more for fossil fuel imports, Energy Commissioner Dan Jorgensen has said.
The US-Israeli war on Iran has added pressure to global energy markets, driving oil prices higher and increasing fuel costs for consumers worldwide. The conflict has choked flows through the Strait of Hormuz, a key route that handles around 20% of global oil and liquefied natural gas…
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