Iran: Fuel price measures in the hands of the European Council

Monday, 16 March 2026RSS
Iran: Fuel price measures in the hands of the European Council

Decisions regarding aid for consumers and industry should fuel, gas, and electricity prices exceed critical thresholds will be made by European Union leaders, the Minister of Environment stated on Monday, the 16th. Maria da Graça Carvalho noted that a list of potential measures will be discussed at the upcoming summit. The minister highlighted existing support mechanisms, such as social tariffs and the 'solidarity gas cylinder' programme, while noting that any market price intervention would require state budget compensation. The EU summit in Brussels on March 19-20 will focus on the crisis triggered by the war in Iran and the ongoing conflict in Ukraine, following the military escalation between the US, Israel, and Iran.

View full article on Dinheiro Vivo

RSS source