Surging Energy Prices Threaten Eurozone’s Economic Stability and Risk Stagflation

Post Views: 339 Eurozone’s Economic Stability and Risk Stagflation Energy prices, natural gas and crude oil, have surged. Higher demand and US sanctions on Russia are drivers. This sharp increase risks eurozone economic stability. Stagflation threatens the region.   Natural Gas and Crude Oil Price Surge Natural gas prices doubled since October 2024. Prices rose from under $2 per MMBtu to nearly $4. Cold weather and rising demand contribute. Crude oil prices surged to August 2024 levels. WTI futures rose 17% since early December. Brent futures increased 14%. Prices reached $78 and $80 per ...