The turn to the right in Portugal leaves the fruitful collaboration between Sánchez and Costa up in the air. The electricity and gas price crisis has strengthened ties between the two socialist leaders in recent years.

The combination of price crises and isolation from the rest of Europe has led the two countries to strengthen ties even more. The Iberian exception made it possible to completely decouple the price path of the peninsula from that of the other EU countries. The alliance Ibérica is now more solid than ever.