European Commissioner for Energy Dan Jorgensen said that due to the month-long military operation by the US and Israel against Iran, the EU's spending on fossil fuel imports increased by 14 billion euros.. He also added that gas prices in Europe rose by about 70%, and oil prices by 60%, the Suspilny correspondent reports..

In particular, Jorgensen noted that there is no direct shortage of oil and gas in the EU yet, but there is tension in the diesel and aviation fuel markets. The European Commissioner said restrictions on global gas markets are pushing up electricity prices, which could lead to additional costs for industry and households..

Jorgensen also warned that the consequences of this crisis for energy markets will not be short-lived..

He called on EU countries to act in concert and avoid individual national decisions that could destabilize markets. In addition, he added that the European Commission will soon present a set of measures to support families and businesses.

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Jorgensen previously stated that the EU will continue to refrain from purchasing Russian oil, even despite the crisis in the Middle East.. He explained this to journalists in response to proposals from the Prime Minister of Belgium to reconsider energy relations with Russia.