https://www.live-feeds.com/feed/tax-cuts-handouts-and-blind-hope-europe-finds-few-tools-to-fight-a-coming-energy-crunchContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/tax-cuts-handouts-and-blind-hope-europe-finds-few-tools-to-fight-a-coming-energy-crunchhttps://www.live-feeds.com/feed/tax-cuts-handouts-and-blind-hope-europe-finds-few-tools-to-fight-a-coming-energy-crunch#u94125Fri, 02 Oct 2026 08:05:06 +0000European nations face a painful winter and rising fuel costs as surging diesel prices and the fallout from ongoing conflicts in the Middle East and Ukraine strain the continent. Officials are relying on limited tools such as tax cuts, subsidies, and handouts to shield consumers from mounting expenses. Despite spending more than $113 billion extra on energy imports since the Iran war began, Europe has not gained any extra barrels of fuel. The closure of the Strait of Hormuz continues to drive up costs and intensifies pressure on leaders to find sustainable alternatives.Why it mattersThe contine