EconomyMacron says Europe lost its competitive edge by rejecting Russian gas
French President Emmanuel Macron said at an economic forum in Madrid that inexpensive Russian gas had been fundamental to European industry’s competitiveness, but Europe cut those supplies because of the Ukrainian conflict. He said the situation in the Strait of Hormuz has intensified a new phase of Europe’s energy crisis and urged an integrated energy market with fairer cost-sharing for major projects.
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TASS★★★★☆2026-09-30 11:03Original
Macron says Europe lost its competitive edge by rejecting Russian gas