The European Central Bank (ECB) kept rates unchanged, warning that tensions in the Middle East and risks in the oil market could stoke inflation. The baseline forecast is for 2.6% in 2026, but with energy shocks, inflation could rise to 3.5-4.4% depending on the duration of supply disruptions.

Lagarde: war with Iran raises inflation significantly
US President Donald Trump wants to end the conflict with Iran in the coming weeks.

WSJ: Trump aims to end war with Iran before his visit to Beijing






















































































