2 news · updated Jul 7, 2026

Schnabel warns food

2026-07-06

ECB's Schnabel Says Iran Shock Persists Despite Oil Price Drop

ECB board member Isabel Schnabel stated the Iran war shock persists despite lower oil prices, citing strong inflation and high energy costs. She warned climate factors like El Niño may pressure food p

reuters · 2026-07-06 10:23 UTC

2026-07-06

Peace Deal Doesn’t Restore Pre-War Situation, ECB’s Schnabel Says

ECB’s Schnabel warns Middle East peace deals haven’t normalized energy prices due to fragile markets and supply chains. Officials caution inflation risks persist despite oil price drops due to ongoing

bloomberg · 2026-07-06 08:24 UTC

Schnabel warns food

ECB's Schnabel Says Iran Shock Persists Despite Oil Price Drop

Peace Deal Doesn’t Restore Pre-War Situation, ECB’s Schnabel Says

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