Keywords: Energy prices


Eurozone inflation edges up to 1.9 percent as Iran conflict fuels energy shock

Eurozone inflation picked up in February as the war involving Iran, the United States and Israel sent energy markets into turmoil and revived concerns about new price pressures in Europe. A flash estimate from Eurostat showed consumer prices in the 21-country currency bloc rising 1.9 percent year on......

Rising anger in Syria as electricity prices soar

In the suburbs of Damascus, frustration is mounting among residents following the Syrian government’s decision to sharply raise electricity prices, nearly a year after the fall of former president Bashar al-Assad. For Ghassan Aama, a blacksmith, the new tariffs are unbearable. “We were shocked......

Rising prices in the US under pressure from tariffs

The impact of tariffs imposed by former President Donald Trump is now being felt by American consumers, as they face a second consecutive rise in consumer prices, according to the latest index released today. The Consumer Price Index (CPI), which tracks inflation, rose by 2.7% year-over-year in June,......