international
EU cuts 2026 growth forecast as Strait of Hormuz crisis pushes inflation up
Why this matters: an international story with cross-border implications worth tracking.
The EU has downgraded its 2026 economic growth forecast after the Strait of Hormuz crisis sent energy prices sharply higher earlier this year. With no end to the conflict in sight, rising energy costs are fuelling tensions among member states calling for additional fiscal support measures.
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