Frankfurt, Germany, March 3, 2026 (AFP) - Mideast war energy shock could hit eurozone, ECB warns

NAMPA / AFP

2026-03-03

A lengthy Middle East conflict and sustained drop in energy supplies could trigger a "spike" in eurozone inflation and hit regional growth, the European Central Bank has warned. "A jump in energy prices puts upward pressure on inflation, especially in the near term," ECB chief economist Philip Lane said in an interview with the Financial Times published Tuesday. The conflict would also be "negative for economic activity", he said, according to a......

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