Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook
Christine Lagarde, president of the European Central Bank (ECB), speaking at the ECB Forum in Sintra, Portugal on July 1st, 2026. CNBC Several consecutive days of strikes exchanged between the U.S. and Iran have once again thrown oil prices into the spotlight — and cast uncertainty on the European Central Bank’s interest rate decision next…