Geopolitics and energy volatility threaten eurozone growth and inflation, ECB warns

ilsole24ore.com (Italian)

ECB warns eurozone growth faces downside risks and inflation upside risks amid fragile geopolitics and energy price volatility. Brent oil initially fell after June US-Iran deal on Hormuz transit but rose after new attacks and Trump ending ceasefire, leaving prices about 1% below June 11. New supply disruptions could hurt incomes, consumption, and investment. Russia-Ukraine war adds uncertainty; fragmented supply chains, critical material shortages, and extreme weather may fuel inflation. Durable Middle East peace would ease risks, while defense and infrastructure spending could support growth.


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Geopolitics and energy volatility threaten eurozone growth and inflation, ECB warns | News Minimalist