EnergyHighCorroboratingAccelerating
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Oil hits highest since May as Strait of Hormuz attacks escalate; US diesel tops $6/gal
Zeit OnlineLO·US · IR·1 day ago
Brent crude has risen above $107 per barrel and European natural gas exceeds €80/MWh, driven by escalating Middle East tensions. The Greek government is considering new support measures as fuel price increases are expected at the pumps. The sustained energy price spike threatens to feed inflation and pressure European households and businesses.
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