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Commercial vessels lie anchored in the Strait of Hormuz off Bandar Abbas, Iran, Friday, Sept. 4, 2026. (AP Photo/Vahid Salemi)

Business

Video. Europe’s oil bill: EU pays €10bn more per month than in 2025

Updated: 29 October 2026 - 9:11 GMT+1

Euronews Business takes a closer look at how Europe’s petroleum oil import bill has risen amid tensions in the Middle East - and experts do not expect costs to fall in the near future.

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