The EU Has Additionally Spent About 90 Billion Euros on Energy Imports Due to the Conflict over Hormuz, Von Der Leyen Said
30 Articles
30 Articles
Owing to restrictions on navigation in the Strait of Ormuz, the European Union faced additional costs for the import of fossil fuels.
(Agenzia Vista) Strasbourg, 16 September 2026 "With the closure of the Strait of Hormuz we have bitterly felt the cost of our overall dependence on imported fossil fuels. Since the beginning of the conflict, imported fossil fuels have cost us 90 billion euros more, without a single molecule of energy being added. That is why we urgently need the package on the networks.We need to invest faster. Accelerate the connections to the network. Develop …
The president of the European Commission is committed to doubling the weight of electricity in the energy consumption of the Twenty-Seven in 2040 to save 26 billion a year in fossil fuels
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 …
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