October 17, 2024 08:06 GMT
MNI PODCAST: MidEast Oil Risk To Eurozone Inflation Contained
In an MNI podcast, a senior European Commission energy analyst addresses the inflationary implications of geopolitics.
MNI (ROME) - EXECUTIVE SUMMARY
- The inflationary impact on the eurozone of any Mid-East-driven oil price spike is likely to be short-lived.
- Manuel Rivas, head of the Market Analysis Team in the Chief Economist Unit at the Directorate-General for Energy at the European Commission, speaks to MNI.
- Closure of the Straits of Hormuz would send oil prices much higher but only temporarily.
Listen to the full podcast here.
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