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EU considers helping with Mideast energy infrastructure to bypass conflict zones

EU leaders are weighing new funding for Gulf energy projects as oil prices rise 25 billion euros in 43 days, officials said.

  • European Commission President Ursula von der Leyen announced the European Union is exploring funding for alternative Middle East energy routes to circumvent the volatile Hormuz Strait.
  • Rising energy costs have strained the 27-nation bloc, with von der Leyen noting the European Union's energy bill skyrocketed by €25 billion in the last 43 days due to price hikes.
  • Offering to repair damaged energy sites, von der Leyen stated, "We are also ready to team up with the Gulf countries to diversify export infrastructure away from solely the bottleneck of the Hormuz Strait."
  • European Council President Antonio Costa and other leaders agreed to create a formal mechanism for energy responses, determining that current "ad hoc arrangements" are unreliable.
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EU considers helping with Mideast energy infrastructure to bypass conflict zones

Top European Union officials say the bloc is looking into funding alternative energy infrastructure in the Middle East that would circumvent conflict hot spots like the Strait of Hormuz.

·United States
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The severe shortage of fuel and the dizzying rise in oil and gas prices triggered by the war with Iran have led the European Union to examine thoroughly the financing of alternative energy routes in the Middle East to circumvent critical points such as the Strait of Ormuz.

The President of the European Council either reinforced the EU's willingness to help demilitarize Hezbollah and called for a solution to the diplomacy in the Middle East.

·Porto, Portugal
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  • 53% of the sources lean Left
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Jornal de Negócios broke the news in Porto, Portugal on Friday, April 24, 2026.
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