
Trump’s War on Iran Makes Europe Pay for Its Fossil Fuel Habit
Europe paid €62 billion extra for fossil fuels in five months, and each new crisis repeats the bill.
Author profile

Jorge Uxó is associate professor of applied economics at the Complutense University of Madrid and vice-president of the Spanish Productivity Board. He has been a visiting researcher at the University of Coimbra and the European Trade Union Institute. His research focuses on macroeconomics and economic policy in Spain and the eurozone, and on post-Keynesian economics.

Europe paid €62 billion extra for fossil fuels in five months, and each new crisis repeats the bill.