Greenpeace has criticised the EU's response to the energy crisis triggered by the war on Iran as riddled with "deep structural incoherence" – warning that European governments have prioritised short-term fossil fuel subsidies over the clean energy transition.
The US-Israel offensive against Iran, launched more than 100 days ago, sent shockwaves through global energy markets after Tehran closed the Strait of Hormuz. The ongoing diplomatic back-and-forth between Washington and Tehran has continued to fuel uncertainty in the sector ever since.
