Consequences of Iran war ‘may echo for months or years to come,’ EU chief warns – Europe live
Summary
European Commission President Ursula von der Leyen warned that the conflict in the Middle East could have long-lasting effects that last months or years. She emphasized the need for peace talks in Iran and Lebanon and called on the EU to reduce its reliance on imported fossil fuels by increasing clean energy production.Key Facts
- The EU wants ceasefires in Iran and Lebanon to continue and supports diplomatic efforts for peace.
- President von der Leyen said the Middle East conflict’s consequences may last for a long time.
- The EU has faced a second energy crisis in four years, highlighting its dependence on imported fossil fuels.
- The EU aims to reduce this reliance by using clean energy sources like renewables and nuclear power.
- Coordination is needed in the EU for fuel reserves, especially for jet fuel and diesel.
- The EU plans to target vulnerable households and industries with energy support, avoiding untargeted spending.
- Modernizing energy use and increasing electrification in transport, industry, and heating are priorities for economic security.
- The EU will continue its financial support to Ukraine, with a €90 billion loan agreement finalized after Hungary ended its veto.
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