Consumers should prepare for further price hikes, according to the International Energy Agency The European Union is facing challenging times as energy prices across the bloc are set to be notably higher in the future, the head of the International Energy Agency (IEA) Fatih Birol has warned. Speaking on Thursday at the European Parliament in Brussels, he suggested that the gas price would not be the same as it was prior to the sanctions on Russia. “There will be no more cheap gas. European energy will be more expensive in the future than in the past. EU energy prices will be higher and significantly higher than th
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