Europe's energy crisis | Euronews

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Europe News

Euronews explains: What the Strait of Hormuz crisis means for Europe

The closure of the Strait of Hormuz is rattling global markets, sending energy prices soaring and fuelling fears of supply shortages. Euronews explains:

Europe Today

EU governments are throwing billions at petrol shock. Will it help?

European drivers face soaring fuel prices as the Iran war hits oil markets, prompting EU states to cut fuel taxes, cap prices and tighten regulation.

Europe News

EU calls on member states to curb oil and gas demand

EU urges governments to boost energy savings and explore alternatives amid supply pressure, letter seen by Euronews reveals.

Europe News

EU ministers weigh oil price cap and windfall tax to rein in prices

Ahead of a ministerial meeting in Brussels, the European Commission urged EU finance ministers to keep energy relief measures short-term while staying on track with decarbonisation goals.

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Europe News

Europe’s gas prices on the brink as Qatari LNG flows stall

Energy analysts predict a drastic surge in natural gas prices if Qatari LNG imports to the EU remain halted for another three months. If the Iran war drags on for another six months, Europe could face conditions similar to the 2022 energy crisis.

Ecotech

What is plug-in solar and can it save you money?

Many consumers want to know how long it will take them to make back the upfront costs of solar.

Europe News

LNG tide turns to Asia leaving Europe short on supply

Europe is losing LNG shipments to Asia as the war in the Middle East impacting Qatari facilities pushes prices higher. Italy and Belgium scramble for alternative supplies in mega competitive market.

Europe News

EU pushes early gas refills while easing storage targets on Iran war

Goal is to avoid panic buying while ensuring that EU countries' gas storage is replenished by next winter. The European Commission also told member states to refill below the 90% level set by law in 2022.

World News

EU measures against soaring energy and fuel prices amid Iran war

Brent crude topped €100 a barrel after the Strait of Hormuz was closed. With no unified EU response from Brussels, capitals are opting for tax cuts, price caps or simply delaying concrete action.

Economy

Is Europe going to be forced to return to nuclear energy?

With the EU still importing over 50% of its energy and facing persistently high electricity bills, the debate over a nuclear revival to ensure independence and affordability has been reignited.

Economy

IEA urges swift cuts in oil demand, encourages remote work

As the war in the oil-rich Middle East keeps escalating, the International Energy Agency is calling on governments to take measures to reduce oil demand by pushing remote working, reducing speed limits and encouraging a shift towards public transport.

The Ring

Energy crisis hits Europe - Who pays the price? MEPs clash in The Ring

In this new edition of The Ring, broadcast from the European Parliament in Brussels, MEPs Fabrice Leggeri (Patriots for Europe) and Jussi Saramo (The Left) debate Europe’s energy strategy as geopolitical tensions shake global markets.

EU.XL

Secret EU-US talks to ease LNG standards failed to meet transparency

The European Commission wants to revise its methane emissions standards after pressure from the US gas industry. At least two key 2025 talks were held privately and not officially registered, raising questions about EU transparency requirements.

Europe News

Ten EU countries reinforce attack against ETS ahead of key EU summit

Ahead of a key European summit on Thursday, 10 EU countries intensified attacks on the bloc's climate policy, warning that the current system is damaging industry. They're calling for a slower and more flexible approach to protect competitiveness while pursuing the green transition.

Earth News

How much would a fossil fuel windfall tax cut EU energy bills?

Oil companies in the EU are raking in an additional €81.4 million in profits everyday from soaring fuel prices, as experts call for an urgent windfall tax.

EU.XL

Is the EU’s Grids Package the answer to energy independence?

Energy prices are spiking after the Strait of Hormuz closure, bringing Europe’s vulnerabilities back into focus and turning attention to the EU’s planned Grids Package. Watch the video.

Europe News

Why is the Strait of Hormuz critical to Europe?

The closure of the Strait of Hormuz is affecting energy prices for industries and households, but the vital trade passage also accounts for a significant share of fertiliser shipments, threatening long-term food production. Euronews' explainer goes through the main issues affecting the Strait.

EU.XL

Can Europe’s power grid shield it from the next energy shock?

The conflict in Iran is causing major problems in the Middle East, a key oil and gas region. Take our poll!

Europe Today

Energy commissioner teases new measures as energy prices spike

EU energy chief says the executive can do more to abate prices while calling on member states to cut taxes on electricity immediately. Oil and gas prices have soared as a result of the war in Iran and its retaliation on the Gulf countries, halting the flow of energy along the Strait of Hormuz.

Economy

Which EU countries are most exposed to the LNG supply disruption?

Iranian attacks have led to the suspension of Qatari LNG production and major shipping disruptions through the Strait of Hormuz. Which EU countries could be the most affected?