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.<\/p>\n
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\u2019s households and its industrial competitiveness?<\/p>\n
The crisis is also accelerating another shift: Europe\u2019s clean transition. It\u2019s no longer seen predominately as a climate imperative, but a question of economic security. Which policy moves will help safeguard the bloc\u2019s sovereignty while reducing its emissions?<\/p>\n
Follow all the discussions and news from POLITICO\u2019s Energy & Climate Forum as we unpack these hot-button issues with the policymakers, industry leaders and policy experts shaping Europe\u2019s response.<\/p>\n