'Then the euro will slide': Experts warn of prolonged war with Iran | Euronews Newsletter Events Loader Newsletter Events Loader Loader Search
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The war in Iran since the end of February has triggered an energy price shock and affected oil, petrol, diesel and gas. ADVERTISEMENT ADVERTISEMENT The higher costs for consumers and energy-intensive industries such as chemicals and steel are also putting pressure on the German economy — which is already under strain due to less-than-ideal economic forecasts. Now the euro, currently valued at around $1.16 — is also suffering. The euro could be hit particularly hard if the scenario of the Iran
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