Oil and gas prices won't immediately return to normal even if the Iran war ends, the EU warns
Associated Press
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European Commissioner for Energy and Housing Dan Jorgensen speaks with the media as he arrives for a meeting of EU energy ministers at the European Council building in Brussels, Monday, March 16, 2026. (AP Photo/Virginia Mayo)The sun has set behind a gas station in Frankfurt, Germany, Tuesday, March 31, 2026. (AP Photo/Michael Probst)Vegetables in a super market are pictured in Wehrheim near Frankfurt, Germany, Tuesday, March 31, 2026. (AP Photo/Michael Probst)Fuel prices are listed at a gas station in Frankfurt, Germany, Monday, March 30, 2026. (AP Photo/Michael Probst)A woman works at the meat counter of a super market in Wehrheim near Frankfurt, Germany, Tuesday, March 31, 2026. (AP Photo/Michael Probst)
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European Commissioner for Energy and Housing Dan Jorgensen speaks with the media as he arrives for a meeting of EU energy ministers at the European Council building in Brussels, Monday, March 16, 2026. (AP Photo/Virginia Mayo)