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Von der Leyen says EU electrification target must rise, Iran sanctions 'too early' to lift

newsApr 27, 20262097

European Commission President Ursula von der Leyen said the EU must raise its current 25 percent electrification target for industry and transport to meet the bloc's climate and energy objectives. Von der Leyen told EU leaders that Europe paid an extra $32 billion for oil and gas because of the Iran war, which has driven up energy costs across the EU. She said it is too early to lift sanctions on Iran, adding the EU must first see a fundamental, verifiable change in Tehran before considering relief. Raising the electrification target and keeping sanctions in place would accelerate grid and industrial investment and keep geopolitics central to EU energy planning.

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