| Submit your comments on this article |
| Syria-Lebanon-Iran |
| Daily Mail’s March 31 live updates from the War against Iran’s Mullahcracy: Economic fallout from the Iran war 'won't be short-lived', the EU is warned - RECAP |
| 2026-04-01 |
[Daily Mail, where America gets its news]
The economic fallout of the Iran war 'won't be short-lived', EU energy ministers have warned. Commissioner Dan Jorgensen told the meeting in Brussels that since the start of the ongoing conflict, prices in the EU have risen by around 70 per cent for gas and 60 per cent for oil. He added that one month of fighting has added €14bn to the bloc's fossil fuels import bill. It comes after Pete Hegseth has said the US knows 'exactly' what roles Russia and China are playing in the Iran war amid claims both countries are supporting Tehran. The US Defense Secretary insists Washington will confront Moscow and Beijing 'where necessary' as he provided an update on the war in a Pentagon briefing today. Asked about reports of the countries providing support to Tehran during the conflict, Hegseth said: 'As far as Russia and China, we know exactly what they're doing, what they are or are not doing. 'We don't have to air publicly what all of that is, but where necessary, we're addressing it, we're mitigating it or we're confronting it head on.' Russia has been accused of providing Iran with the locations of American assets to attack and sharing advanced drone tactics. While China is said to be providing military co-operation, according to Iranian Foreign Minister Abbas Araghchi. KEY UPDATES
|
| Posted by:Skidmark |