EU Warns Iran Conflict Could Push the Bloc’s Inflation Above 3%

Source: Bloomberg Politics · Bias: Center

Summary

The European Union warned that its inflation rate could surpass 3% this year if the war in the Middle East causes Brent oil prices to remain around $100 per barrel and gas prices stay elevated for an extended period.

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EU Warns Iran Conflict Could Push the Bloc’s Inflation Above 3%
Bloomberg Politics

EU Warns Iran Conflict Could Push the Bloc’s Inflation Above 3%

Center

The European Union warned that its inflation rate could surpass 3% this year if the war in the Middle East causes Brent oil prices to remain around $100 per barrel and gas prices stay elevated for an extended period.