The price of Brent crude oil — the benchmark for Europe — is surging more than 5% this Thursday, driven by reports that the US is considering military action against Iran to break the deadlock in negotiations aimed at ending the war, raising fears of further supply disruptions.
Brent crude price jumps 5% to nearly 125 dollars as Trump considers new military action in Iran
Thursday, 30 April 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.
