Ormuz crisis caused 41 billion euros in damage to the European Union
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Ormuz crisis caused 41 billion euros in damage to the European Union

Due to the conflict in Iran, the sharp rise in prices and supply disruptions in the Middle East have forced European countries to spend additional billions of euros on fuel imports. According to Euronews, Europe and international organizations are calling on European Commission President Ursula von der Leyen to present a plan to move away from oil and gas.

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