Dossier
European energy market
Coverage of European energy market in the Nexus archive.
- Iran war impact on European energy market intensifies
The Iran war is intensifying impacts on the European energy market, with Eurozone petrol sales declining 3.5% year-on-year in April and the UK experiencing larger drops. The airline industry faces a $100 billion fuel cost burden, reduced profits, and potential bankruptcies due to reliance on older, less efficient aircraft.