Fuel

“It’s painful in the near term,” said Michael Pearce, chief U.S. economist at Oxford Economics. “It’s going to get more painful in April,” when further gas price increases will lift inflation higher.— Michael Pearce, chief U.S. economist at Oxford Economics, commenting on the inflation outlook amid the Iran war and rising gas prices

The coalition partner has in recent weeks stood out for proposing measures that are expensive, ineffective, and constitutionally questionable. This leads to confusion and does not help consumers.

— Katherina Reiche (CDU), Federal Minister for Economy and Energy, speaking on Welt TV about the SPD.

In Germany, the incompetent state is simply raking it in!

— Prof. Werner Mang commenting on German fuel prices and state revenue while vacationing on Mallorca; quoted in the article.

A return to Russian gas would increase dependency again and make Europe politically vulnerable.

— EU Energy Commissioner Dan Jørgensen; quoted in Berliner Zeitung via Financial Times

There he goes again.

— Ronald Reagan during the 1980 presidential campaign, referring to Jimmy Carter's predictability

Control over the strait can serve as a powerful deterrent, as it demonstrates Iran’s ability to disrupt a vital artery of the global economy and thereby exert pressure on multiple states simultaneously.

— Zeynab Malakouti, Senior Fellow at the Global Peace Institute and research affiliate at the National University of Singapore’s Middle East Institute