strikeMay 5, 2026

EU Costs From ‘Most Severe Supply Crisis Ever’ Exceed €30 Billion

Summary

BRUSSELS, May 5 (Bernama-dpa) -- European Union (EU) Energy Commissioner Dan Jørgensen has warned of the rising supply costs for the bloc triggered by the conflict in Iran and the subsequent blockade of the Strait of Hormuz, reported German Press Agency (dpa).

Source: CurrentsAPI — Read the full report

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Sources

CurrentsAPI
BRUSSELS, May 5 (Bernama-dpa) -- European Union (EU) Energy Commissioner Dan Jørgensen has warned of the rising supply costs for the bloc triggered by the conflict in Iran and the subsequent blockade of the Strait of Hormuz, reported German Press Agency (dpa). "Since the outbreak…

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