Europe is facing a EUR 27 billion energy surge.

Omissions

• The MEP omitted that the EUR 27 billion refers specifically to fossil fuel import costs, not general energy costs.
• The surge refers to additional spending over approximately 60 days since the Middle East conflict began, not a continuous annual figure.
• The increased spending did not result in additional energy supply being received.

Sources

• SecondaryCGTNThe European Union has spent 27 billion euros ($31.6 billion) more on fossil fuel imports since the start of the Middle East conflict
• SecondaryGasworldThe EU's fossil fuel import costs have soared over €27bn since the Middle East war began
• SecondaryEU PerspectivesIn just 60 days of conflict, our bill for fossil fuel imports has increased by over 27 billion euros, without one single molecule of energy in addition