European Union officials say that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027

The EU has downgraded its 2026 economic growth forecast after the Strait of Hormuz crisis sent energy prices sharply higher earlier this year. With no end to the conflict in…

The European Union’s executive commission has cut its growth outlook and predicted higher inflation due to sharply higher energy prices from the war in Iran