Europe maps new energy routes to weather the Iran-war energy shock

1 min read
Source: AP News
Europe maps new energy routes to weather the Iran-war energy shock
Photo: AP News
TL;DR Summary

Europe is seeking to diversify its energy supply and build new routes to reduce dependence on the Strait of Hormuz amid the Iran war and a global fuel-price shock. EU leaders are weighing cross-border projects and Gulf partnerships, including oil and gas pipelines and the Great Seas Interconnector, to link Europe with Cyprus, Israel, and wider Middle East energy resources, with a view to boosting renewables and resilience, though progress faces regulatory hurdles and geopolitical complexities.

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