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<p>European governments are implementing measures to combat rising energy and food prices due to the ongoing conflict in Iran. Germany will limit gas station price changes to once daily, while Greece will cap profit margins on fuel and groceries. Italy plans to use extra VAT revenue to support consumers and prevent speculation. The EU is considering a cap on natural gas prices, and OECD countries agreed to release 400 million barrels from emergency oil reserves. European gas prices have surged by 50% since the conflict began, raising concerns about inflation and economic stability.</p>

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From food to petrol, Europe seeks to tame Iran price shock

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From food to petrol, Europe seeks to tame Iran price shock