Europe has had to pay $32 billion more for oil and gas imports since the start of the US and Israel’s war against Iran, European Commission chief Ursula von der Leyen said.
Speaking at a news conference in Berlin on Monday, von der Leyen said Europe is experiencing its second serious energy crisis in the last four years, and EU member states have to draw lessons from it.
“In 2022, (Russian President) Putin cut off our gas supply, and now it’s the Strait of Hormuz,” she told reporters.
“Our heavy dependence on imported fossil fuels makes us vulnerable. We must reduce this dependence,” she said.
Von der Leyen said European countries should expand renewable energy production and explore nuclear innovation, including small modular reactors, to ensure reliable energy.
“Every kilowatt-hour of energy generated here contributes to economic stability, affordable energy, and thus to Europe's independence,” she said.
On the question of sanctions relief for Iran, von der Leyen was unequivocal.
"We think the dropping of sanctions would be too early," she said.
"We first have to see a change, a fundamental change in Iran for the dropping of sanctions," she added.
