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• Luxembourg Inflation Spikes to 2.4% in March as Strait of Hormuz Crisis Triggers Surge in Energy Costs

  Published: Apr 15, 2026

  Section: Europe

  Statec reports that Luxembourg's inflation rate nearly doubled from February's 1.3% to 2.4% in March 2026. The sharp uptick is attributed to global energy disruptions caused by the...

• Rural UK Firms Face 116% Energy Price Spike as Middle East Conflict Cripples Heating Oil Markets

  Published: Apr 6, 2026

  Section: Europe

  Thousands of small and medium-sized enterprises (SMEs) across the United Kingdom are grappling with energy bills that have more than doubled due to the ongoing war in Iran. With he...

• Prime Minister Sir Keir Starmer Pledges £53 Million Emergency Fund for Rural Households Amid Heating Oil Price Surge

  Published: Mar 18, 2026

  Section: Middle East

  Sir Keir Starmer has announced a £53 million targeted support package to assist approximately 1.5 million "vulnerable" households facing skyrocketing heating oil costs linked to th...