EU Official Opposes Return to Russian Fossil Fuels

Returning to Russian fossil fuels in the wake of the Iran war would be a “strategic blunder,” said Ursula von der Leyen, president of the European Commission, as Europe continues to grapple with volatile oil prices.

- By EDITH HANCOCK

Gas prices have risen by 50% and oil prices by 27%, Von der Leyen told lawmakers during a European Parliament debate in Strasbourg on Wednesday, saying that the Iran conflict had cost European taxpayers an additional 3 billion euros, or $3.48 bill