Brent crude prices rose to 102.25 dollars and WTI surpassed 104 dollars after the US announced it would prevent ships from entering or leaving the Strait of Hormuz, in an escalation following the failure of negotiations with Iran in Pakistan.
Brent crude oil surges more than 7% and exceeds 100 dollars after Trump announces blockade of the Strait of Hormuz
Monday, 13 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.
