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EU Moves to Contain Energy Shock After Trump Threatens Iran Port Blockade

Von der Leyen set 22 April for EU price proposals to steady markets.

Overview

  • At an emergency Brussels meeting, Ursula von der Leyen called restoring navigation in the Strait of Hormuz paramount and warned the closure is causing major harm.
  • She said the Commission will coordinate how countries fill gas storage and will align oil stock releases to avoid bidding up prices and to protect the single market.
  • President Donald Trump said the United States would begin a blockade of maritime traffic to and from Iranian ports after talks broke down, raising shipping risks.
  • Von der Leyen said EU fossil fuel bills have risen by about €22 billion since the Iran war began and urged joint action on prices to shield households and firms.
  • The Commission will table energy price measures on 22 April, with leaders set to discuss them next week, and it plans an electrification strategy before summer; Ireland pressed for rule flexibility on fuel excise as protests grow.