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EU scrambles to curb energy costs as Iran war hits markets

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsInflationSanctions & Export Controls

EU energy ministers will meet Monday to weigh options and draft emergency plans to curb rising energy costs after oil and gas prices surged following the Iran war. The move signals heightened policy intervention risk that could affect energy markets, add upward pressure to inflation, and prompt near-term risk-off positioning in commodities and energy-sensitive assets.

Analysis

EU energy ministers will meet Monday to weigh options and draft emergency plans to curb rising energy costs after oil and gas prices surged following the Iran war. The move signals heightened policy intervention risk that could affect energy markets, add upward pressure to inflation, and prompt near-term risk-off positioning in commodities and energy-sensitive assets.

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