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Published 2 hours ago

EU Oil Import Costs Surge $11 Billion Monthly Amid Iran Crisis

EU Oil Import Costs Surge $11 Billion Monthly Amid Iran Crisis
Oleksiy · pexels

The European Union is now spending an additional $11 billion per month on oil imports following the escalation of the Middle East crisis, which has choked crude oil supplies and triggered a global fuel crisis. An analysis of Eurostat data revealed that the…