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EU warns of energy 'price crisis,' asks countries to consider curbing demand, letter shows

Source: reuters.com

Energy Markets & PricesGeopolitics & WarConsumer Demand & Retail

The EU's energy chief warned that fallout from the Iran war has created an energy-price crisis in European oil and gas markets. The official urged member states to consider measures to curb energy demand, signaling heightened risks to consumers, industrial activity, inflation, and regional growth.

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