The article discusses the likelihood of Portugal needing a supplementary budget revision amid ongoing global uncertainties, particularly the Iran conflict. Economists and government officials agree that, despite rising oil and gas prices due to the war, a budget revision is unlikely at this time. The Portuguese government currently does not see the war as a trigger for such a measure, citing its significant fiscal flexibility, including the ability to manage funds and debt outside the standard budget constraints. Economists highlight that inflation benefits the state by increasing revenue without raising taxes, and the overall fiscal margin remains substantial. They emphasize that budget adjustments are more influenced by expenditure caps than by the deficit itself, and even in worst-case scenarios, the impact on Portugal’s fiscal balance appears manageable.