The reignition of tensions in the Middle East is worrying planners in the Ministry of Finance, who are now accepting that inflation is going to be a major problem going forward. As much as they tried to show off a silver lining - recent reports highlight that macroeconomic stabilisation has been "largely achieved" and growth momentum sustained. But no amount of optimism can mask the fact that we are almost entirely reliant on imported fuel for our energy needs. As oil prices........

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