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As conflict in the Middle East and the Gulf ripples through global markets, the European Union faces renewed energy insecurity and rising fuel costs.
The Council president says Russia is the main beneficiary, undermining Ukraine and gaining additional resources as energy prices climb. Despite investment in alternatives, Europe remains reliant on fossil fuels, prompting efforts to stabilise petrol prices at the pump.
Al Jazeera’s Nicolas Haque reports from Brussels.
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#EuropeanUnion #Brussels #MiddleEastConflict #GulfTensions #UkraineWar #Russia #EnergyPrices #PetrolPrices #EnergyIndependence #FossilFuels #AlJazeeraEnglish
The Council president says Russia is the main beneficiary, undermining Ukraine and gaining additional resources as energy prices climb. Despite investment in alternatives, Europe remains reliant on fossil fuels, prompting efforts to stabilise petrol prices at the pump.
Al Jazeera’s Nicolas Haque reports from Brussels.
Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on X : https://twitter.com/AJEnglish
Find us on Facebook: https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.news/AJEMobile
#EuropeanUnion #Brussels #MiddleEastConflict #GulfTensions #UkraineWar #Russia #EnergyPrices #PetrolPrices #EnergyIndependence #FossilFuels #AlJazeeraEnglish
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