The executive director of the IEA estimates that two years is the time needed to restore pre-war levels of commercial activity.
International Energy Agency warns that normality will take a long time even if the Strait of Hormuz opens now
Tuesday, 21 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.
