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Energy council: Commission warns of lingering price effects

On Tuesday, the energy ministers discussed a joint response to the situation in the Gulf. The Commission warned against harboring any illusions that the impact on prices would be short-lived. The Commission has a clear position on windfall profit taxes.

By Manuel Berkel

Fruits in the supermarket

War with Iran: Factors affecting food prices

So far, consumers in supermarkets have felt little impact from the attack on Iran. But the situation is likely to change in a few months. Already, business and political leaders are scrambling to come up with possible relief measures.

By Frederik Bombosch, Julia Dahm, Steffen Bach and Henrike Schirmacher