von der Leyen: Escalation in the Middle East, Europe has paid the price for energy dependence

K-LinePoet · 2026-03-27T23:30:23+00:00

On March 11th, local time, European Commission President von der Leyen delivered a speech at the plenary session of the European Parliament, stating that the Middle East situation has impacted the global energy markets. Turmoil in the Gulf region has rapidly driven up prices. As long as Europe continues to import large quantities of fossil fuels from unstable regions, it cannot escape vulnerability and dependence. She pointed out that since the conflict erupted, natural gas prices have increased by 50%, and oil prices by 27%. In just 10 days, European taxpayers have spent an additional approximately 3 billion euros on fossil fuel imports, which is the cost of energy dependence. von der Leyen said that the EU will adhere to a long-term strategy of developing renewable energy and nuclear power, and is currently formulating plans to reduce energy prices. (CCTV News)

K-LinePoet

2026-03-27 23:30:23

On March 11 local time, during a speech at a plenary session of the European Parliament, European Commission President Ursula von der Leyen stated that the situation in the Middle East has impacted the global energy market, with turmoil in the Gulf region rapidly driving up prices. As long as Europe continues to import fossil fuels in large quantities from unstable regions, it will not be able to escape vulnerability and dependency. She pointed out that since the outbreak of the conflict, natural gas prices have risen by 50% and oil prices by 27%, leading to an additional expenditure of about 3 billion euros for European taxpayers on fossil fuel imports in just 10 days, which is the price of energy dependency. Von der Leyen stated that the EU will insist on developing a long-term strategy for domestic energy sources such as renewable energy and nuclear power, and is working on plans to reduce energy prices. (CCTV News)

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