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Tue, Oct

Spain Foresees Higher Energy Prices Due to Iran War

Spain Foresees Higher Energy Prices Due to Iran War

MARINELOG

Higher energy prices resulting from the Iran war could add nearly €7.4 billion ($8.5 billion) to Spanish manufacturers' costs through the end of 2026, an industry lobby group said on Wednesday.Of the

  • The group, which represents 60% of Spain's gross industrial product, urged authorities to maintain existing support and introduce stronger measures to protect production, investment and jobs, warning that many current measures expire in the final months of the year.

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