EU presses green-energy pivot as prices spike amid Middle East tensions

TL;DR Summary
Amid soaring energy bills and volatile markets driven by Middle East conflict and disruptions to Russian supplies, the EU held an emergency meeting to defend its plan to replace imported fossil fuels with homegrown green energy, while also signaling short-term measures to cut bills and improve supply using existing rules, amid political pressure from national leaders and populist opposition.
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- Europe can absorb this Mideast energy hit - but not much more Reuters
- ECB Could Change Policy Stance If Iran War Drags On, De Guindos Says WSJ
- Power prices in Europe swing wildly as Iran war stokes volatility Financial Times
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