EU to propose electricity tax cuts to counter Iran price shock

The European Commission will propose that EU countries cut taxes on electricity and subsidize prices as a quick way to soften the energy price shock caused by the US-Israeli war on Iran, European Commission President Ursula von der Leyen told. #electricitytax #EU #taxcut #energy #energycrisis #middleeastconflict #europe #News #Reuters #Newsfeed Read the story here: https://reut.rs/4biWjQY 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en