Energy prices are increasing due to the war in Iran, affecting EU-Iran economic relations, which have been deteriorating for over a decade due to sanctions. In 2025, EU-Iran trade was €3.72 billion, with Germany, Italy, and the Netherlands being the largest trading partners. The trade has significantly decreased from previous years, particularly in goods, with machinery and transport equipment dominating EU exports. Teljes cikk (Euronews.com)