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Europe faces unrest amid war and energy crisis
The article addresses the energy crisis facing the European Union resulting from the closure of the Strait of Hormuz in February 2026, following an attack by the United States and Israel on Iran. This event led to the loss of approximately 11 million barrels per day of oil supplies, a price increase of over 50% in oil, and an 85% surge in European gas prices. Consequently, there were rising costs for fuel and electricity, European energy import bills soared by billions of euros, and impacts were felt across agriculture, transportation, and industry sectors, with threats to airlines reducing their fleets. Europe inherited this crisis from the Ukraine war, which diminished its dependence on Russian gas and compelled it to diversify its sources, thereby increasing its vulnerability to market fluctuations. Politically, there is a divergence between supporting the continuation of sanctions on Russia and reducing reliance on fossil fuels. These developments reflect strategic and political challenges facing the continent’s unity and independence in managing its energy security.
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