EU countries face nearly €41bn in extra fossil fuel costs

EU countries face nearly €41bn in extra fossil fuel costs as Hormuz crisis exposes energy vulnerability

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.

READ MORE : http://www.euronews.com/2026/08/26/eu-countries-face-nearly-41bn-in-extra-fossil-fuel-costs-as-hormuz-crisis-exposes-energy-v

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