Europe has paid an extra €27 billion for energy imports since the US and Israel’s war against Iran began, EU chief Ursula von der Leyen said.
BERLIN: Europe has had to pay €27 billion (US$32 billion) more for oil and gas imports since the start of the US and Israel’s war against Iran, European Commission chief Ursula von der Leyen said on Monday, Anadolu Ajansi reported.
Speaking at a news conference in Berlin, von der Leyen said Europe is experiencing its second serious energy crisis in the last four years, and EU member states have to draw lessons from it.
“In 2022, (Russian President) Putin cut off our gas supply, and now it’s the Strait of Hormuz,” she told reporters. “Our heavy dependence on imported fossil fuels makes us vulnerable. We must reduce this dependence,” she said.
Von der Leyen said European countries should expand renewable energy production and explore nuclear innovation, including small modular reactors, to ensure reliable energy. “Every kilowatt-hour of energy generated here contributes to economic stability, affordable energy, and thus to Europe’s independence,” she said.
