European Central Bank President Christine Lagarde says that an attack by Yemen’s Houthi rebels on a Saudi vessel in the Red Sea is “alarming”, as the bank monitors the inflationary impact of the Iran war, AFP reports.
While the Houthi attack came too late to affect the ECB’s deliberations on interest rates, “it is having an impact — we can see that on the price of Brent as it evolves almost by the hour,” Lagarde tells reporters.
