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Economic

War in Iran pushes energy prices in Portugal to almost two-year highs

Escalation of energy prices due to the war in Iran is pushing Portugal's energy costs to near two-year peaks, contributing to inflationary pressures.

The ongoing war in Iran has caused a sharp rise in energy prices, which has dragged Portugal's energy costs to levels not seen in almost two years. This escalation in energy prices has pushed up inflation in Portugal, with the energy price index expected to continue rising in the coming months. The impact is particularly pronounced as Portugal is among the countries in the Eurozone witnessing one of the largest increases in energy product prices.
Status
active
Location
Portugal
Date added
2026-04-02 09:25 UTC
Added by
nikieuropeapdrmis
Last updated
2026-04-02 09:25 UTC
Source
https://www.jornaldenegocios.pt
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