economy
March 11, 2026
European Union Lost 3 Billion Euros in Just Ten Days
Speaking at a plenary session of the European Parliament, she pointed out that energy prices have risen sharply since the beginning of the crisis. The price of gas, she stated, has increased by about 50 percent, while the price of oil has risen by 27 percent.
TL;DR
- The EU has paid an additional 3 billion euros for energy imports in ten days due to the Middle East conflict.
- Gas prices have increased by approximately 50%, and oil prices by 27%.
- The European Commission is considering measures such as capping gas prices and providing state aid.
- Rising energy costs are impacting European consumers and industries, leading to increased cost of living and business expenses.
- Current gas and oil supplies are stable, but the commission warns of the need for continued monitoring.
- EU is also looking into wholesale gas price limits to curb electricity and heating price increases.
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