EU tells members to prepare for ‘prolonged disruption’ to energy markets from Iran war
European gas prices have risen more than 70 per cent since the US-Israeli war with Iran began.
European gas prices have risen more than 70 per cent since the US-Israeli war with Iran began.
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European gas prices have risen more than 70 per cent since the US-Israeli war with Iran began.
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European Council President Antonio Costa has urged Tehran to engage diplomatically on the Strait of Hormuz. Meanwhile, US President Donald Trump told NATO allies to “go get your own oil” amid shortages. DW has more.
The UAE's financial markets have been some of the hardest hit by the fallout of the US-Israel war on Iran.
The Iran war has caused energy prices to surge, directly benefiting — and filling the coffers — of major oil and gas producers like Russia. Grouped from 6 articles across 4 sources.
Seoul imports 94% of its energy needs, and almost 72% of its crude oil comes from the Middle East.
Iranian media have reported more than 1,000 arrests since the start of the war.
The Middle East conflict has cut off 20 percent of the world's fuel supply. Countries are scrambling for alternatives.