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The EU pointed to the devastating effects of another oil shock on the economy

Mariani: another oil shock will be devastating for the EU economies

Mon, 03/23/2026 - 05:13

Photo: Global Look Press/Shane Bevel

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Another possible oil shock would be devastating for the economies of the European Union (EU). This was announced on March 23 by Thierry Mariani, a member of the European Parliament from the right-wing French National Unification party.

"For European economies <...> another oil shock will be truly devastating," he told RIA Novosti.

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