Iran war: How can Europe cap oil prices? | ARTE Europe Weekly

The war has spread to US allies in the Gulf where Iran is targeting energy facilities. The Strait of Hormuz, crucial for oil exports, has also been blocked. The conflict is turning into a global oil crisis and European consumers have been facing higher prices at the pump. Without a unified response from Europe, some governments have announced measures to cap spiking prices. Iran war: How can Europe cap oil prices? | ARTE Europe Weekly 📆 Available until 24/06/2026 ARTE.tv Documentary 📺 is ARTE.tv's YouTube channel in English, where we share new videos every day, including in-depth documentaries and reports on geopolitics, economy, society, culture, science and the environment 🌎. Want more? 👉 Visit our streaming platform in English: ARTE.tv in English https://www.arte.tv/en/ For reports on culture, visit ARTE.tv Culture, where we explore art 🖼️ from every angle. Here you’ll find web series’💻, exclusive interviews 🎙️, festival highlights 🎶, the best of European cinema 🎞️ and long-form culture documentaries 🎥: https://www.youtube.com/@artetvculture/ Don't forget to subscribe so you don’t miss a video / @artetvdocumentary Keep up to date with us on the go via social media 🤳 🐦 Twitter: https://x.com/ARTEen 👥 Facebook: https://www.facebook.com/ARTEenglish/ And subscribe to our newsletter 🗞️here: https://www.arte.tv/en/articles/newsletter #artetvdocumentary #arteweekly #oilcrisis