In the past two months since the onset of the conflict in Iran, Italians have spent over 1.7 billion euros more on bills, fuel, and mortgages, with significant increases in gas and fuel prices contributing to an estimated additional cost of approximately 500 million euros for utilities alone, alongside rising mortgage rates due to fluctuations in the Euribor index. #IranConflict #RisingCosts #EnergyEconomy #IR #IT

The two-month blockade of Hormuz has led to global consequences, including oil prices stabilizing above $100 per barrel and severe fuel shortages at airports, which particularly affect low-cost airlines that are now cutting flights and increasing ticket prices while also boosting fees for ancillary services. #OilPrices #AviationIndustry #SupplyChain #IR