Lagarde Says Measured ECB Rate Hikes Remain Appropriate as Euro Zone Inflation Tops 3%
The head of the European Central Bank has signalled that the euro zone’s fight against energy-driven inflation will continue at a steady pace, not a...
Tag : energy prices
Brent Crude Tops $107 After Trump Turns Down Iran’s Offer to Reopen Hormuz
LONDON — Oil prices rose sharply on Monday after President Donald Trump rejected Iran’s latest offer to reopen the Strait of Hormuz. The setback threatens...