Fossil fuel volatility threatens bleak winter for European economies

James Murray
clock • 7 min read
A ship passing through the Strait of Hormuz / Credit: iStock
Image:

A ship passing through the Strait of Hormuz / Credit: iStock

New study calculates that every 10 per cent increase in oil and has prices pushes up European inflation by up to 0.36 per cent

Summer may barely be over, but European economies are already bracing for what could be a hugely challenging winter. After several months when oil and gas markets defied many analysts' expectations by...

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