Brent crude oil prices have surged over 42% since the onset of the Middle East conflict, with an 11% increase recorded in the past week alone, reaching $103.14.
Brent has soared more than 42% since the start of the war in the Middle East
Friday, 13 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.
