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EU says Iran war costs Europe $32B in energy

EU President states war with Iran cost Europe $32 billion in energy costs.

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Europe
Updated
Tuesday, 28 April 2026 at 22:21 UTC
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The President of the European Union announced that the ongoing war with Iran has cost Europe $32 billion in energy costs. The statement highlights the severe economic impact of the conflict, with soaring energy prices due to supply disruptions. The figure underscores the financial burden on European nations from the US-led military campaign against Iran.
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