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Friday, Sep 25, 2026

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EU Energy Commissioner Links Price Crisis to Iran War

Governments across the European Union are struggling with rising fuel and electricity costs as shortages of oil and gas hit the region. Energy Commissioner Dan Jorgensen told member states in a letter that the European Union is facing a supply-driven price crisis caused by the impact of the Iran war on global energy markets.

Jorgensen urged member nations to implement measures to curb energy demand to stabilize the market, Reuters reported Friday. The commissioner's letter to the bloc's energy ministers explicitly linked the current pricing instability to a broader supply crisis stemming from the conflict.

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