How the Iran War Triggered Europe’s Energy Reckoning

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Modern Diplomacy

Forty-four days, twenty-two billion euros. Not a single additional molecule of energy. That is how Ursula von der Leyen framed Europe’s Iran war tab when she addressed the European Parliament this week, and the arithmetic is brutal in its simplicity. Since the conflict began on February 28, the EU’s fossil fuel import bill has increased [] The post How the Iran War Triggered Europe’s Energy Reckoning appeared first on Modern Diplomacy.