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Iran war squeezes Europe’s economy as growth slumps, prices surge
Europe’s economy is slowing sharply as the Iran war drives up energy costs, deepening pressure on households and challenging policy makers. Fresh data for May showed euro zone business activity contracted…
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euronews.com
Recession warning? European business activity slumps due to Iran war
Business activity across the eurozone slowed sharply in May, hitting its lowest level in more than two and a half years.
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independent.co.uk
Energy shock from Iran war to weigh on Europe's growth, boost inflation
The European Union’s executive commission has cut its growth outlook and predicted higher inflation due to sharply higher energy prices from the war in Iran
