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The Eurozone has experienced an increase in inflation rates to their highest level in three years, reflecting economic pressures and the ongoing impact of the crisis. Markets are affected by rising diesel prices, as the crisis brings refineries back into focus amidst efforts to enhance energy security. Reports also highlight the postponement of OPEC+ production policy reviews due to the Russian war, while the dollar has strengthened against the euro to its highest level in 17 months—which is impacting the European economy and global markets.
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