The fallout from the U.S.-Israel war in Iran is already rippling through global markets. But the worst may still lie ahead for Europe. As oil and gas supplies tighten and prices spike, the shock is seeping into every corner of the economy, from manufacturing to borrowing costs to demand shifts.
Against this gloomy backdrop, how can policymakers contain the damage to avoid a deeper economic impact? And beyond the short term, what will this energy shock mean for Europe’s households and its industrial competitiveness?
The crisis is also accelerating another shift: Europe’s clean transition. It’s no longer seen predominately as a climate imperative, but a question of economic security. Which policy moves will help safeguard the bloc’s sovereignty while reducing its emissions?
Follow all the discussions and news from POLITICO’s Energy & Climate Forum as we unpack these hot-button issues with the policymakers, industry leaders and policy experts shaping Europe’s response.
See the full program here and follow along here from 9 a.m.