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Energy Price Shock From Iran War Exposes Europe’s Weakness

Mar 07, 2026 09:00 UTC

A commuter looks out over the La Defense business district of Paris, France, on Monday, Feb. 6, 2023.

  • A commuter looks out over the La Defense business district of Paris, France, on Monday, Feb
  • 6, 2023
  • The French economy faces increasing food costs, raising energy price caps, higher interest rates and now widespread strikes which could further test the economy's resilience in a rough start to 2023

A commuter looks out over the La Defense business district of Paris, France, on Monday, Feb. 6, 2023. The French economy faces increasing food costs, raising energy price caps, higher interest rates and now widespread strikes which could further test the economy's resilience in a rough start to 2023.

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