The European Union will propose lowering energy taxes to offset the continuously rising oil and natural gas prices.

```htmlGolden Ten Data reported on April 13 that the European Commission will propose lowering energy taxes and grid fees to promote the adoption of clean energy technologies, while alleviating the impact of soaring oil and gas prices. According to informed sources, on April 22, the EU’s executive body will publish a policy document outlining measures aimed at reducing the effects of persistently rising fuel prices on businesses and consumers. During the Iran war, the effective closure of the Strait of Hormuz has intensified concerns about persistently high energy prices. According to a report from the Jacques Delors Institute, since the outbreak of the Iran war, 22 EU member states have introduced more than 120 separate measures, spending over €9 billion (about $10.5 billion) to mitigate the impact of rising energy prices. Additionally, an extra cost of €13 billion has been incurred due to increased expenses from imported fossil fuels.```