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Von der Leyen: Closing the Strait of Hormuz will cost Europe 127 billion euros President of the European Commission: Closing the Strait of Hormuz has resulted in an additional cost of 127 billion euros for importing fuel to Europe.

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Von der Leyen: Closing the Strait of Hormuz will cost Europe 127 billion euros President of the European Commission: Closing the Strait of Hormuz has resulted in an additional cost of 127 billion euros for importing fuel to Europe.

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