Renoi974 @Renoi974: "••• ⛽️ An oil shock,..."

Reunion Island

••• ⛽️ An oil shock, linked to the conflict between Israel and Iran, could occur. The President of the Federal Bank of Germany spoke. The president of the Federal Bank of Germany, Joachim Nagel, warned on Monday about the risks of an oil shock linked to the conflict between Israel and Iran, calling for not to relax monetary policy in the euro zone, despite inflation to 2%. The consequences of the attacks between the two countries, which intensified this weekend, "remain uncertain" as a prolonged conflict "could cause a sharp rise in oil" and "upset our forecasts" of inflation and growth, Nagel said in a speech in Frankfurt. Oil prices were on a limited rise early Monday morning, after a surge of up to 13% on Friday, during the first Israeli strikes on Iran. $GER40 (GER40 Index (Non Expiry)) $OIL (Oil (Non Expiry)) $EUROOIL $fra40 $EUSTX50 (EUSTX50 Index (Non Expiry)) www.lessentiel.lu/fr/story/conflit-iranisrael-une-forte-hausse-du-petrole-pourrait-frapper-nos-porte-monnaies-103365263?fbclid=IwQ0xDSwK84vxleHRuA2FlbQIxMQABHnRwOldZuUbaXI_3nV-JxZ8aTjfm4dF3cbGnVV2h99HD45eOUiBQ99Uh1xSk_aem__oa4sC1l2L4dZJ8aZc-Ugg

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