In brief | 28 April ‘26

Bruegel: 2026 European energy crisis fiscal response tracker 

Dataset provides overview of the fiscal measures implemented by European governments to mitigate Iran war energy shock.

Euronews: EU energy mix - crisis pushes balance on nuclear, renewables and security 

EU pivoting back to nuclear after decades of hesitation, driven by dual shock of the energy crisis and realisation that renewables alone can't power a heavy industrial economy.

Reuters: Energy prices drag German consumer sentiment to 3-year low - survey 

Sentiment expected to worsen in May as income expectations become bleaker in face of ​rising inflation driven by the war in Iran and knock-on ‌effects on energy prices.

DW: Will the Iran war reshape the auto industry? 

With high fuel prices and EV technology now more mature, battery‑electric cars are increasingly seen as a cost‑saving alternative rather than just a climate choice.

Montel: Iran war worsens Germany’s gas refilling challenge 

With the closure of the Strait of Hormuz, the global LNG market has lost access to around 1/5 of its supply, compounding the difficulty of refilling gas storage in Europe.