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European Council President António Costa expressed deep concern over the conflict between the US/Israel and Iran, noting that the lack of a clear objective makes the duration of the war unpredictable and poses risks to international stability, European security, and the global economy.
António Costa says that the US and Israel have an unclear objective and expresses concern regarding the humanitarian consequences of the conflict, as well as the impact of energy costs.
The President of the European Council believes that the objective of the United States and Israel in the war against Iran, which “is not clear,” will dictate the duration of the conflict, and admits “deep concern” regarding the consequences.
The offensive by the US and Israel against Iran has led to the suspension of maritime traffic through the Strait of Hormuz.
With the near-total closure of the Strait of Hormuz since March 1st, nearly 200 million barrels of oil from the Gulf have not entered the market. The fear of a prolonged war pushed oil prices to near 120 dollars this Monday at the opening of the Asian session. The G7 decided to intervene. Expresso spoke with Barry Eichengreen, Peter Cohan, Dan Steinbock, Pedro Amaral, João Queiroz, and Luis Mah.
Simplifying the licensing of water infrastructure, rationalising energy costs, strengthening interprofessional bodies and promoting precision agriculture are measures set out in the Government’s strategy to increase self-sufficiency in cereals, published this Thursday in the Official Gazette. The Council of Ministers’ resolution approves the Strategy for Increasing Sustainable Cereal Production ...
