#electricity-price-increases

#electricity-price-increases

"About 18 percent of stations are missing at least one type of fuel," the Deputy Minister said on French media RMC/BFMTV.

"Fresh food and perishables are almost like the canary in the coal mine," when energy prices go up, according to Vidya Mani, an associate professor at the University of Virginia's Darden School of Business.

Major indices, including the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average, all recorded gains, with the Nasdaq delivering its strongest weekly performance since November.

"A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness."

Fuel price rises in March were the highest on record, adding an unprecedented 11 to the cost of filling up an average vehicle. The average cost for a litre of unleaded petrol rose by 20p in the month following America's strikes on Iran.