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EU Warns Energy Crisis From Iran War Could Last Years

Summary by Oil Price
The new energy crisis triggered by the Middle East conflict could hurt European consumers and industries for years, European Commission President Ursula von der Leyen said on Wednesday. "Our shared goal is now to see a lasting end to the war," von der Leyen told the European Parliament in a speech today. "But there is also a harsh reality we all need to face: the consequences of this conflict may echo for months or even years to come. This is wh…

13 Articles

Center

The European Union warns that the effects of the war between the US, Israel and Iran could be felt year after year, in particular through high energy prices. European Commission President Ursula von der Leyen calls for reduced dependence on imported fossil fuels and accelerated investment in clean locally produced energy, announces Bloomberg.

·Romania
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Lean Left

According to Ursula von der Leyen, we must face the harsh reality that the effects of the conflict could last for months or even years.

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Lean Left

In her opinion, the EU must reduce its dependence on fossil fuel imports and accelerate electrification.

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Lean Right

Von der Leyen warns Iran war may damage Europe for years

·Saudi Arabia
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“We have a difficult reality that we all have to face: the consequences of this conflict can be prolonged for months or even years.” That announcement was made on Wednesday by the President of the European Commission, Ursula von der Leyen, at her appearance at the plenary session of the European Parliament in Strasbourg, in which she also listed that the effects of the war in Iran already cost the EU some 500 million euros per day; a total of 27…

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Bias Distribution

  • 40% of the sources lean Left, 40% of the sources are Center
40% Center

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Oil Price broke the news in London, United Kingdom on Wednesday, April 29, 2026.
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