ECB’s Lagarde warns Iran war to fuel inflation despite potential resolution in World Economy News 23/05/2026 Inflation in the euro zone will continue to rise due to the Iran war even if the Strait of Hormuz reopens immediately, European Central Bank President Christine Lagarde said Friday. Lagarde told reporters after a meeting with euro zone finance ministers that lagging effects would persist simply because of the need to restore the previous situation. The ECB will take necessary measures to achieve price stability at 2%, Lagarde added. Source: Investing.com 2026-05-23 hellenicshippingnews... tweet Share