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Europe Just admitted the Iran War’s price shock isn’t going away | Fortune
European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027, with prices of other goods also following an upward trajectory.
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euronews.com
EU cuts GDP forecast as Strait of Hormuz crisis pushes inflation up
The EU has downgraded its 2026 economic growth forecast after the Strait of Hormuz crisis sent energy prices sharply higher earlier this year. With no end to the conflict in…
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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
