EU warns oil and gas prices will not quickly return to normal after Iran war ends
The EU’s energy commissioner has warned oil and gas prices will not return to normal any time soon, even if the war on Iran ends immediately. Prices have surged sharply across Europe, with gas up around 70% and oil 60%, as global markets face growing pressure.
Originally reported by Al Jazeera
The White House said the president would address the nation about Iran on Wednesday evening.
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