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EconomyEurope’s EV boom has saved six oil-importing countries almost €2 billion since the Iran war began

The spread of electric vehicles has saved six oil-importing countries in Europe almost €2 billion since the Iran war began. As EV fleets grow, they reduce exposure to volatile oil markets and future supply shocks.

electric vehiclesoil importsenergy security

Eeuronews★★☆☆☆2026-10-22 11:39Original

Europe’s EV boom has saved six oil-importing countries almost €2 billion since the Iran war began
Economy