Politics

Europe’s $29 billion Iran War bill is driving a scramble for new energy routes

The EU is fast-tracking IMEC, undersea power cables and Gulf pipeline deals — but all options run through an Israel-Saudi normalization that may not come.

By Menelaos Hadjicostis, The Associated Press· Fortune· 4 months ago· 2 min read

Europe’s $29 billion Iran War bill is driving a scramble for new energy routes

The EU is fast-tracking IMEC, undersea power cables and Gulf pipeline deals — but all options run through an Israel-Saudi normalization that may not come. For the full story, visit the source.

This summary is sourced from Fortune. Read the full article at:Fortune

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