The Spanish Minister of Economy, Trade and Business, Carlos Cuerpo, stated that the conflict in Iran affects the economy of Spaniards due to the increase in fuel prices. He indicated that the Government is prepared to implement actions in response to this impact, depending on how the situation develops. The confrontation in the Middle East has caused uncertainty and volatility globally and is already having effects on the economy of Spain, he declared to the media upon arriving at a meeting of Eurozone Ministers of Economy and Finance, where the impact of the war on the European economy would be discussed.
The Spanish Government says that the economic impact of the war is already being felt and is ready to act.
