EU to push members to cut tax rate below duty on gas, with 10%+ surge in sales also put down to fallout from Iran war Business live – latest updates Europe live – latest updates Sales of residential heat pumps jumped across Europe in the first six months of the year, as the Iran war sent oil and gas prices rocketing and some countries lowered electricity taxes.
Homeowners bought 1. 16 m heat pumps across 12 European countries, up from 1. 05 m in the first half of 2025, according to the European Heat Pump Association (EHPA). Continue reading...