{"id":"tp-25390","type":"article-newspaper","title":"Europe Spends $113.5 Billion More on Energy as Hormuz Closure Bites","author":"Riza Dagoc","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/25390","datePublished":"2026-09-29T14:41:41.000Z","dateModified":"2026-09-29T14:41:41.000Z","language":"en","abstract":"Some European consumers are paying nearly 50% more for fuel after the Strait of Hormuz closed, while the bloc received no additional gas or oil.","section":"Regulation","references":[{"title":"an earlier rise in Europe’s diesel costs","url":"https://www.tokenpost.com/news/regulation/24176"}]}