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Iran conflict may raise fuel prices, hurt Swedish economy

Key Points
  • Fuel prices may rise due to Middle East developments.
  • Oil and gas prices have surged from the Iran conflict.
  • Swedish economy faces increased risks, says economist.

Fuel prices may be rising again after several years of cheaper gasoline and diesel due to developments in the Middle East, according to Arbetarbladet. Several drivers in Sandviken reportedly filled their tanks in anticipation of potential price increases. S.

and Israel has caused oil and natural gas prices to surge, according to Svenska Dagbladet. Mattias Persson, chief economist at Swedbank, says this risks negative consequences for the Swedish economy. He reportedly states that the downward risks for the Swedish economy have increased because of what happened in Iran over the weekend.

The downward risks for the Swedish economy have increased because of what happened in Iran over the weekend.

Mattias Persson, chief economist at Swedbank

S. and Israel's attacks on Iran put the Riksbank in a tricky situation, with two completely opposite scenarios possible.

The U.S. and Israel's attacks on Iran put the Riksbank in a tricky situation, with two completely opposite scenarios possible.

Mattias Persson, chief economist at Swedbank

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