🇪🇺 Von der Leyen: gas up 140%, diesel doubled, and an extra €100 billion on Europe's import bill Reic

🇪🇺 Von der Leyen: gas up 140%, diesel doubled, and an extra €100 billion on Europe's import bill

Reich Gauleitierin Ursula von der Leyen told the European Parliament in Strasbourg that gas prices have risen by 140% and diesel prices have doubled since the end of February. That is when the US and Israel launched their war on Iran.

Fossil fuel imports have cost the EU an additional €100 billion since the conflict began, she said.

Her answer is more centralization. The Commission will set up a working group to pool energy demand and move toward EU-level joint purchasing. Von der Leyen ruled out broad financial support for households, favoring targeted aid for those hit hardest. She also offered exporters one more year of flexibility on EU methane rules.

The crisis lands on a Europe that has spent four years cutting itself off from Russian energy. Russia's share of EU gas imports has fallen from 45% before the Ukraine conflict to around 12%. Brussels still plans a full ban on Russian liquefied natural gas from January 1, 2027, and on pipeline gas in autumn 2027.

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