The president of REN warns that the rise in fuel prices, as a result of the conflict in the Middle East, is expected to affect energy bills paid by families and businesses. “Fuel prices are already undergoing changes, and these changes always have an impact on the final prices of natural gas and electricity,” he states.
REN warns that rising fuel prices will impact energy bills
Tuesday, 17 March 2026RSS

Context & Explainers
Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.






