With new uncertainties on European energy markets linked to the conflict in the Middle East, it was only natural that the first debate of the mini-plenary session of the European Parliament in Brussels on Wednesday 25 March should focus on energy prices.
While the EU’s dependence on supplies from the Gulf is limited, its general dependence on fossil fuel imports has made it particularly sensitive to price fluctuations.
With the blocking of the Strait of Hormuz, through which 20% of the...