The European Commission says the war in Iran has added 24 billion euros to the EU's collective fuel import. Holger Schemieding of Berenberg told Reuters stagflation will persist on the continent until three months 'after the war ends' https://t.co/GYqxTnH9as pic.twitter.com/KfKXJP7lsM— Reuters (@Reuters) April 23, 2026

The European Commission says the war in Iran has added 24 billion euros to the EU's collective fuel import. Holger Schemieding of Berenberg told Reuters stagflation will persist on the continent until three months 'after the war ends' pic.
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