Merez on the Iran war: We now have costs in excess of 100 billion euros for Europe alone over the last eight months, purely because of the increase in energy prices caused by this conflict. More than €100 billion more was paid by businesses and consumers in Europe as energy became more expensive as a result of this conflict. We have an economic interest in bringing this conflict to an end as quickly as possible.

Merez on the Iran war: We now have costs in excess of 100 billion euros for Europe alone over the last eight months, purely because of the increase in energy prices caused by this conflict. More than €100 billion more was paid by businesses and consumers in Europe as energy became more expensive as a result of this conflict. We have an economic interest in bringing this conflict to an end as quickly as possible.