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EU Ministers to Tackle 70% Gas Price Surge Amid Iran War

4/1/2026

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Story summary
  • European Union energy ministers will meet on March 30, 2026 to address disruptions in oil and gas markets caused by the Iran war.
  • An internal EU document shows gas prices have risen 70% since the conflict began on February 28, 2026.
  • They plan coordinated measures to stabilize markets and secure supply, focusing on winter gas storage.