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Euronews
Euronews
Liam Gilliver

Europe’s EV boom has saved these 6 oil-importing countries almost €2 billion since start of Iran war

electric vehicle Oil Europe Iran Euan Graham Electricity Ember United Kingdom

Electric car fleets have cushioned the spiralling costs of oil imports following the war on Iran and subsequent energy crisis.

Brent crude, which is used as the worldwide benchmark for oil prices, rose to near $100 (around €89) a barrel on 22 October – the highest in five weeks as concern grows over potential escalation in the Middle East.

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