Europe faces prolonged fallout and energy price surge from Iran war

6 articles · Updated · Bloomberg · Apr 29

European Commission President Ursula von der Leyen told the European Parliament in Strasbourg that the continent may endure months or years of strain due to the US-Israeli conflict in Iran.
Von der Leyen warned that energy prices are unlikely to stabilize soon, highlighting the persistent economic impact on European households and industries.
The EU is preparing for extended challenges as the conflict’s repercussions threaten energy security, economic stability, and broader geopolitical relations across Europe.

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