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EU Proposes Measures to Ease Energy Shock From Iran War

The European Union proposed "AccelerateEU" to navigate the Iran war-driven crisis, which it says it could reverberate for years. The plan aims to curb energy prices and address potential fuel shortages without undermining the bloc's climate ambitions or triggering damaging competition between nations. EU leaders are set to discuss the plan at a meeting in Cyprus. Bloomberg's Oliver Crook reports from Nicosia.