The escalation of energy prices threatens to persist after the end of the anti-crisis shield
Fuels are reaching highs in Spain since the start of the war in Iran and experts believe the situation will extend beyond September, when the current aid ends.
Energy is once again driving inflation upwards and threatens to keep prices high beyond the term of the current anti-crisis shield implemented by the Government, which ends at the end of September. The threat of a prolonged blockade of the Strait of Hormuz, an essential route for the global trade of gas and oil, along with the geopolitical tensions caused by the war in Ukraine, continue to strain international energy markets.
And the pressure is transferred directly to the consumer's pocket: the cost at the pumps is already approaching highs since the start of the conflict in the Middle East, according to the latest records from the EU's oil bulletin.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
