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Dan Jørgensen, EU Commissioner for Energy and Housing

Video. Energy commissioner teases new measures as energy prices spike

Updated: 11/03/2026 - 13:01 GMT+1

EU energy chief says the executive can do more to abate prices while calling on member states to cut taxes on electricity immediately. Oil and gas prices have soared as a result of the war in Iran and its retaliation on the Gulf countries, halting the flow of energy along the Strait of Hormuz.

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