Eurozone growth upgraded for three months through June amid higher energy prices
The eurozone economy grew more rapidly than previously estimated in the three months through June, even as energy prices jumped on the U.S.-Iran war. Resilience may be challenged if conflict blocks the Strait of Hormuz.
The eurozone economy expanded more quickly than previously estimated in the three months through June, even as energy prices rose after the war between the U.S. and Iran. That resilience could come under pressure if the conflict continues to disrupt traffic through the Strait of Hormuz.