EU Scrambles to Contain Energy Costs from War in Middle East

European Union leaders are meeting to tackle soaring oil and gas prices driven by the war in the Middle East. Thursday’s summit puts energy security and fears of a new refugee crisis near the top of the agenda. Many leaders are still resisting U.S. President Donald Trump’s calls to send military assets to help secure the Strait of Hormuz.  European Union leaders are meeting to tackle soaring oil and gas prices driven by the war in the Middle East. Thursday’s summit puts energy security and fears of a new refugee crisis near the top of the agenda. Many leaders are still resisting U.S. President Donald Trump’s calls to send military assets to help secure the Strait of Hormuz.  March 19, 2026 at 09:14AM March 19, 2026 at 09:14AM