NICOSIA, Cyprus (AP) — A painful fuel crunch and soaring oil and gas prices triggered by the Iran war have nudged the European Union to look hard into funding alternative energy routes in the Middle East to circumvent hot spots like the Strait of Hormuz.
European Commission President Ursula von der Leyen said Friday that the EU is ready to work with Persian Gulf countries for new projects conveying energy to…
News of Europe Business
Hot this week
Popular Categories
EU Newsly™ publishes news that impacts the people and businesses of the European Uion. News is on the stock market, business, finance, lifestyle, politics, technology and Travel. EU Newsley™, in association with EuropeNewswire.Net™ reaches the EU society and the entire Europe with press release distribution to media outlets.
EU Newsly™ is part of GroupWeb Media Network. © 2026 GroupWeb Media LLC.
