More expensive oil and gas can delay rate reduction in Poland

Higher prices of energy resources can delay foot reductions in Poland – assess PKO BP economists, commenting on the latest reports from the Middle East.

“The direct consequence of the American attack is the increase in the prices of energy raw materials – the price of Brent oil increased by almost 2 percent, although initially by almost 6 percent in a short perspective, the path of oil and gas prices is very uncertain, with the risk of further increases,” economists write in the morning note.

“In a broader perspective, the risk of US -Iran and destabilization in the region is growing. The main channel of the influence of the conflict in the Middle East are the prices of energy raw materials on Poland – the risk of their significantly higher path can delay/postpone the NBP interest rates” – they add.

On the night of Saturday to Sunday, the US was attacked by three Iranian uranium enrichment plants in Ford, Natanz and Isfahanie. The United States has been joined by the Israeli offensive against Iran, whose declared goal is to destroy the atomic program of this country.

US Minister Pete HegeSth then announced that the Iranian nuclear program was destroyed. (PAP Biznes)

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