Exclusives | Europe / Middle East / Africa

ECB will react if Iran war pushes up inflation, Nagel says

11 March 2026, 12:48 pm

1 min read

President of the Bundesbank, Dr Joachim Nagel, speaks during an interview at the G20 finance meeting in Durban, South Africa, on July 17, 2025. REUTERS/Rogan Ward

The European Central Bank will move quickly and decisively if more expensive fuel due to the Iran war feeds into durably higher euro zone inflation, ECB policymaker Joachim Nagel told Reuters.