November 3, 2026MacroCommoditiesPolitics·Bearish·macro
Von der Leyen says Hormuz closure cost EU an extra €127bn in fuel imports
European Commission President Ursula von der Leyen says the de facto closure of the Strait of Hormuz has cost the European Union an extra €127 billion (roughly $142 billion) in fossil fuel imports.
Detected & updated continuously · Source: Nebula
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European Commission President Ursula von der LeyenEuropean UnionStrait of Hormuz