Topic

European energy prices climb again

3h

Europe faced renewed energy-price pressure as key commodity prices climbed in September amid the Iran war and El Niño, while German fuel prices edged up after a tax cut.

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While on Europe, annual eurozone inflation rose from 3.2% in August to 3.8%.
Driven mainly by energy prices, the September print topped the consensus forecast of 3.6%, adding pressure on the ECB as economies deal with higher borrowing costs.
#economy #markets #inflation #europe
October 2, 2026 at 10:29 AM
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That's exactly what the enlightened governments of Italy and Germany are trying to achieve with fuel tax cuts and price controls, is it not?
October 1, 2026 at 6:09 PM

Reposted by Jože P. Damijan

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Reposted by Dean Baker

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Reposted by Trudy Harpham

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Reposted by Sabine Pahl

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'A powerful buffer': How solar saved the EU €37.4 billion since the war on Iran began

Europe's solar boom is cushioning households from the crippling costs of gas, as the war on Iran continues to highlight the dangers of fossil fuel reliance.
'A powerful buffer': How solar saved the EU €37.4 billion since the war on Iran began
Europe's solar boom is cushioning households from the crippling costs of gas, as the war on Iran continues to highlight the dangers of fossil fuel reliance.
www.euronews.com
October 2, 2026 at 8:34 AM

Reposted by Marc Lynch

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NEW COMMENTARY | Five Energy Market Factors That Could Tip the Scales in the Middle East War

Oil, gas and fuel prices are central to the U.S.-Israeli war with Iran. Which five market-shaping developments could affect whether fighting ramps up or de-escalates?
Five Energy Market Factors That Could Tip the Scales in the Middle East War | International Crisis Group
Oil, gas and fuel prices are central to the U.S.-Israeli war with Iran, with Washington striving to lower them and Tehran to keep them high. With both sides determined to prevail, five market-shaping ...
www.crisisgroup.org
October 1, 2026 at 8:16 PM