Iran FM warns new attack could cost Europe over €100B in energy price surge

Iranian Foreign Minister Abbas Araghchi warned that a new attack on Iran could cost Europe more than €100 billion, referencing German Chancellor Friedrich Merz's earlier statement that European economies and consumers have already paid that amount due to war-driven energy price rises. The threat signals potential escalation in the Iran-Israel conflict and its economic spillover to Europe, though the exact mechanism and likelihood remain unspecified.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works