FrankfurtDeutsche Bank raised its ECB peak to 2.75%.

A central bank cannot lower oil prices, so households absorb the cost of Gulf tensions instead.

Brent crude was at $96 a barrel as of September 1, up 10% in a month on Gulf tensions.

The ECB meets Wednesday, September 10, widely expected to raise rates again.

How each outlet framed it
Aol
emphasizes energy shocks extending ECB rate-hike cycle despite soft labor markets

Sources: Aol