Oil at $110 and Gas at 4-Year Highs Drive Global Inflation Surge

📉 INFLATION — High oil hides inside food and clothing prices too, not just fuel. 📌 LOOK CLOSER: Brent at $110 doesn't stay at the pump — it reprices food, packaging, and logistics within weeks. European households compressed by four-year TTF highs now face a compound squeeze as goods inflation reignites. Central banks can't cut into this; rate relief delays. The conflict's cost is no longer energy alone — it's embedded in every price.