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Event Brief

EU’s Dombrovskis warns Iran war could cause stagflation

Valdis Dombrovskis said the Iran war is creating stagflationary effects for the EU economy.
WHO: Valdis Dombrovskis
WHAT: EU economy commissioner warns of stagflationary shock linked to the Iran war
WHEN: May 4, 2026 at 3:45 PM ET
WHERE: European Union
WHY: He is warning about the stagflationary effect created by the Iran war.

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