EconomyClimate
Belgians Pay 15x More for Gas as Industry Gets Free Quotas
Belgian households pay 15x more in gas taxes than industry, while polluters get billions in free EU emission quotas. Greenpeace exposes the disparity.
—4 min read
Tag
#Energy Prices
8 articles
EconomyPolitics
Inflation Hits 3-Year High as Iran War Lifts Energy Prices
The Fed's preferred inflation gauge hit 4.1% in May, a three-year high, driven by energy costs from the Iran war. Core inflation rose to 3.4%.
—5 min read
WeatherEnergy
Heatwave Drives Belgian Power Prices to Record €1,038/MWh
Belgium activates heatwave alarm phase as evening electricity prices soar to €658/MWh, with forecasts of €1,038/MWh — the highest ever recorded.
—4 min read
EconomyInflation
US Producer Prices Surge 6.5% in May on Iran Energy Shock
US producer prices rose 6.5% in May, the largest yearly jump since 2022, driven by soaring energy costs from the Iran war and Hormuz closure.
—5 min read
Economy
Inflation Hits 4.2%, Highest in 3 Years, on Energy Surge
U.S. inflation hit 4.2% in May, highest in 3 years, as Iran war drove gas prices up 40%. Producer prices surged 6.5%, biggest jump since 2022.
—5 min read
EconomyPolitics
U.S. Inflation Hits 4.2% as Iran War Drives Energy Costs
U.S. inflation surged to 4.2% in May, a three-year high, as the Iran war drives energy costs. Core CPI rose 2.9%, raising questions about Fed policy.
—5 min read
Economy
Belgian Inflation Hits 4.08% in May as Energy Costs Bite
Belgium's inflation rose to 4.08% in May, driven by surging energy prices linked to the Middle East conflict. Diesel up 33.7%, airline tickets soar 69.1%.
—4 min read
EconomyEnergy
Belgian Gas Reserves at Critical Low Ahead of Winter
Belgium's gas storage is only 23.75% full, raising energy security concerns and potential price hikes for consumers ahead of the 2026-2027 winter.
—4 min read