Europe mulls solo energy path as Trump's Iran strategy sparks global market panic | Watch, US, Oil

European leaders are intensifying efforts to secure energy independence as tensions around Iran threaten global oil and gas supplies. European Commission President Ursula von der Leyen warned in Strasbourg that rising instability in the Middle East could trigger higher fuel prices, inflation, and recession risks across Europe. Meanwhile, U.S. President Donald Trump is reportedly preparing for a prolonged blockade of Iran, increasing fears of supply disruptions. The European Parliament is now reassessing its energy and geopolitical strategy amid growing concerns over global security and economic stability.