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EU eyes nuclear energy again as oil prices soar

It was ‘a mistake’ to turn away from ‘a reliable, affordable source of low-emission power’, says EU chief, amid new funding

2-MIN READ2-MIN ListenAgence France-PressePublished: 10:10pm, 10 Mar 2026EU chief Ursula von der Leyen on Tuesday said Europe’s turn away from nuclear power had been a “strategic mistake”, as soaring oil prices rekindled concerns about the bloc’s energy vulnerability.

Speaking at a nuclear summit in Paris, the European Commission president endorsed a return to atomic energy, saying the European Union would back investments in “innovative nuclear technologies”.

“It was a strategic mistake for Europe to turn its back on a reliable, affordable source of low-emission power,” she said.

The US-Israeli strikes on Iran and Tehran’s retaliatory attacks across the Gulf region have upended the world’s energy and transport sectors, virtually halting activity in the strategically vital Strait of Hormuz.

EU officials have said the situation is yet to reach the crisis levels hit after Russia invaded Ukraine in 2022.

Fukushima 15 years on: why Japan’s younger generation is embracing nuclear power

Fukushima 15 years on: why Japan’s younger generation is embracing nuclear powerBut the conflict has rekindled a debate on the bloc’s external dependencies and high energy costs, which European industry has long said hamper competitiveness vis-a-vis Asia and North America.

Read original at South China Morning Post

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