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Europe’s €100 billion winter problem: how the energy crisis is pushing up costs for households and businesses
The European Commission foresees no supply shortages, but Energy Commissioner Dan Jørgensen warned of a difficult season, with Brussels weighing measures to curb transport fuel costs as energy poverty threatens to spread across the bloc
Fire investigators examine gas installation after deadly blast in Athens’ Plaka district
Structural checks on damaged neighbouring buildings begin on Monday, while relatives of the six victims, four of them American tourists, have arrived in Greece to give DNA samples so the bodies can be formally identified
Trump plans $5 billion fund to finance reconstruction of war-damaged energy infrastructure in Middle East
According to the Wall Street Journal, the plan envisages investments in energy networks and infrastructure, with the ultimate goal of reducing regional countries’ dependence on the Strait of Hormuz for the transportation of oil and natural gas
Energy domino effect ‘inflates’ winter bills for households and businesses, with new defensive measures looming
From heating oil and transport fuels to natural gas and electricity, the crisis in the Middle East is bringing a new wave of price rises to consumers
Green light for sale of Cypriot natural gas: First exports from “Cronos” expected in 2028
Cyprus is entering the era of natural gas production and exports for the first time, after Eni reached the final investment decision for the development of the “Cronos” gas field in Block 6 of the Cypriot Exclusive Economic Zone (EEZ)
Analysis: Even if peace comes to the Middle East now, it will still take a long time for fuel prices to fall
Even if a U.S.–Iran agreement is reached and the Strait of Hormuz reopens immediately, fuel prices are unlikely to return quickly to their early-2026 levels. Markets will need months to be “convinced” that the danger has truly passed. This is the well-known “rockets and feathers” phenomenon
