Europe has a big energy crisis. The war in the Middle East is the reason. The EU pays 30 billion Euro more for energy. But the EU gets less energy for the money.
Ships cannot pass the Strait of Hormuz. That is a path in the sea for oil and gas. Attacks from Iran break parts for energy. The EU prepares for less energy. This hits fuel for planes.
Experts from the Fund for Currencies make calculations. A family in Europe pays 375 Euro more per year. Costs in Italy can reach 2.270 Euro. Prices stay high for a long time.
