EU faces security and economic challenges as Iran war escalates
European taxpayers have already incurred an additional €3 billion in costs due to fossil fuel imports linked to the ongoing conflict in the Middle East.
Europol warns of a heightened risk of organised crime and terrorism in Europe due to the ongoing conflict in the Middle East.
European taxpayers have incurred an additional €3 billion in fossil fuel imports due to the ongoing war, highlighting the continent’s dependency on non-renewable energy sources.
Briefing summary
The conflict in the Middle East has raised significant security concerns for Europe, with Europol stating it could lead to increased serious and organised crime and terrorism within the EU.
Economically, the war has resulted in an extra €3 billion burden on European taxpayers from fossil fuel imports in just ten days, highlighting Europe’s dependence on external energy sources.
Podcast: From energy to security, how the Iran war is hitting Europe
Two weeks into the Iran war, is the EU ready to face the security and economic consequences of the conflict in the Middle East?
EU News’s weekly podcast Brussels, My Love? tackles these questions with political analyst Cornelius Adebahr, director of the EU Institute for Security Studies, Steven Everts, and EU News’ editor-in-chief and former Middle East correspondent Sophie Claudet.
A war Europe did not want
Since the US and Israel started launching coordinated strikes across Iran on 28 February, doubts have dominated headlines regarding the reasons behind the war and its compliance with international law.
“It seems like this was not thought through in a deliberate manner,” Everts highlighted.
The US administration has put forward several arguments to explain its intervention, including the Iranian nuclear threat and the need for regime change in Tehran. However, the start of the war remains difficult to explain both internationally and within the US political debate, according to experts.
“Trump was elected on the platform of not starting any war, humanly costly war, but he seems to be doing the opposite,” Claudet underlined.
The security threat
Among the major consequences that the war in the Middle East could have on Europe is the security issue.
According to Europol, the conflict in the Middle East could have “immediate repercussions for serious and organised crime and terrorism in the EU.”
“The Europeans will have to consider our options regardless of what the United States is planning to do because that has left the realm of rationality a long time ago,” the expert said.
The economic concern
Another major international consequence is the severe impact war is having on the economy.
“If you translate this in euros, the 10 days of war have already cost European taxpayers an additional €3 billion in fossil fuel imports. That is the price of our dependence,” she continued.
“Europe is excessively dependent on fossil fuel imports,” he said.
“You have to accelerate everything you do on renewable, it’s energy you don’t import, and it means that you are less dependent on the actions of dictators or other unreliable partners,” he concluded.
Listen to the podcast in the player above or wherever you get your podcasts.
Additional sources • Georgios Leivaditis, sound editing and mixing.