Energy Commissioner teases 'more measures' as prices soar on Iran war<br /><br />EU energy chief says the executive can do more to abate prices while calling on member states to cut taxes on electricity immediately. Oil and gas prices have soared as a result of the war in Iran and its retaliation on the Gulf countries, halting the flow of energy along the Strait of Hormuz.<br /><br />READ MORE : http://www.euronews.com/2026/03/11/eu-could-release-strategic-reserves-to-keep-energy-prices-down-jorgensen-says<br /><br />Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
