US Edition13 Articles
13 Articles
The economy Veronika Grimm warns against massive consequences for the German economy should the road of Hormus be effectively closed. The expert believes that an oil price of over 100 dollars per barrel is possible.
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Sébastien Jean, economist at Cnam and Ifri, a specialist in world trade, analyses the economic consequences of the ongoing conflict in the Middle East.
The fear of a further surge in fuel prices is winning motorists across the country. While the conflict in the Middle East is rekindling tensions in the oil markets, many drivers are rushing into service stations to refuel. In Besançon, too, the pump rush is evidence of this growing concern.
After the last attack they will go against a refiner to Saudi Arabia, the fuel value has risen and, according to the former director of hydrocarbons of Minem, the rise if the war escalates even more.
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