Prospect of Trump easing US sanctions on Russian oil is a nightmare for the bloc as nations work out how to respond
Middle East crisis – live updates
The Iran war has thrown global oil and gas flows into chaos and the prospect of Donald Trump easing US sanctions on Russian oil to fill the gap is causing a nightmare for the EU.
The European Council president, António Costa, who represents the EU’s leaders, said on Tuesday the only winner from the ongoing conflict would be Vladimir Putin, who could step into the gap created by the throttling of Gulf supplies.
So how are Brussels and individual member states reacting to a crisis that in just 24 hours sent the oil price to almost $120 a barrel, before swinging back to nearer $90?
