Europe’s economy faces a one-two punch from extreme weather and war
Soaring temperatures are forcing drastic measures in Europe, where heatwaves are straining an economy under pressure from higher energy prices due to the Iran war.
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
The 2026 cohort brought together reporters from a range of regional and independent outlets across the world.
While a ban on oil and fuel exports could temporarily decrease prices, experts say benefits would be short-lived and cause long-term pain.
Two economic planning documents released at the March meeting of China's National People’s Congress include the term "energy powerhouse" for the first time.
Within days of the initial U.S. and Israeli attack on Iran on February 28, 2026, the world was plunged into an energy crisis.
The war in Iran is not just another energy shock. It is arriving at a moment when Europe is already under cumulative strain: a war on its eastern border, the lingering aftershocks of the 2022 energy crisis, industrial decline, political fragmentation, fiscal limits, and a widening debate over how much of its own security it must now provide.