Iran war costs EU €500M a day, von der Leyen warns
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Source: Politico
Published: 2026-04-29 19:08 UTC+10:00
Section: Conflict
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Europe, Military & Defence, Iran, Energy, Elections, World News, Environment & Climate, War & Conflict
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Snippet:
Europe is losing nearly €500 million a day as the Middle East conflict drives up fossil fuel costs, European Commission President Ursula von der Leyen said Wednesday, as turmoil in the Persian Gulf continues to rattle global energy markets.
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