# EU countries face nearly €41bn in extra fossil fuel costs

https://mins.news/en/video/33256

- euronews, 2026-08-26 14:43 UTC
- Economy
- Original: https://www.youtube.com/watch?v=hNHqUFXHPng

> The Hormuz crisis has exposed Europe’s energy vulnerability, with the sharp price surge following the war against Iran leaving European countries facing nearly €41 billion in unforeseen additional costs for fossil fuel imports. European and international groups are urging Ursula von der Leyen to present a plan to phase out fossil fuels.

## Related coverage

- [Six countries seek September EU talks on taxing oil companies’ windfall profits](https://mins.news/en/item/30633) — Reuters, 2026-08-24
- [Polish Fuel Firm Unimot Urges Faster European Energy Transition to Curb Reliance on Imports](https://mins.news/en/item/30233) — Bloomberg News, 2026-08-24