OPEC+ warns that infrastructure repairs will take time

Sunday, 5 April 2026RSS
OPEC+ warns that infrastructure repairs will take time
Photo: ANDRE COELHO/EPA

OPEC+ member countries have agreed to increase production, which will be irrelevant as long as the Strait of Hormuz remains closed, analysts warn.

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.

View full article on observador.pt

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