Frankfurt (Germany), 23 July. (LaPresse) – “This morning’s developments are alarming and will clearly have an impact.” ECB President Christine Lagarde said this at a press conference, referring to the Houthis’ threats against Saudi ships and the attack that occurred this morning. “We can already see it in the Brent price, which is evolving almost hourly,” he added, specifying, however, that this episode “was not taken into account in the decision adopted this morning,” as it emerged when the Governing Council meeting was already concluded. Lagarde stressed, however, that the ECB “is not unaware of a prolonged energy shock, which could intensify and which certainly has repercussions,” announcing that he had asked staff for “an in-depth analysis” ahead of the September meeting on possible oil and gas price scenarios.
Iran, Lagarde: “Houthi attacks are an alarming development.”

Frankfurt (Germany), 23 July. (LaPresse) – “This morning’s developments are alarming and will clearly have an impact.” ECB President Christine Lagarde said this at a press conference, referring to the Houthis’ threats against Saudi ships and the attack that occurred this morning. “We can already see it in the Brent price, which is evolving almost hourly,” he added, specifying, however, that this episode “was not taken into account in the decision adopted this morning,” as it emerged when the Governing Council meeting was already concluded. Lagarde stressed, however, that the ECB “is not unaware of a prolonged energy shock, which could intensify and which certainly has repercussions,” announcing that he had asked staff for “an in-depth analysis” ahead of the September meeting on possible oil and gas price scenarios.
