Oil and gas prices won't immediately return to normal even if the Iran war ends, the EU warns
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Source: The Manila Times
Published: 2026-04-01 20:37 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Europe, Military & Defence, Iran, Energy, Labour & Workers, World News, War & Conflict
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Snippet:
NICOSIA, Cyprus — Skyrocketing oil and gas prices in Europe as a result of the ongoing Iran war won't return to normal levels any time soon, even if peace is declared tomorrow, the European Union's energy commissioner warned Tuesday.
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