Protracted war in Iran could pose ‘substantial’ shock to European economy – The Irish Times
A drawn-out war in Iran that chokes the supply of oil from the Gulf could create a “substantial” economic shock to Europe, the European Union’s economy commissioner Valdis Dombrovskis has warned. Long-term disruption to global oil supply and the key shipping route through the Strait of Hormuz would continue to drive up energy prices, leading […]
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