Boliden relies on stable electricity prices as Iran war drives up oil | Reuters The global economy is facing a tangible strain from the energy shock triggered by the war in the Middle East, with companies across industries grappling with soaring production costs and weakening activity. "We are using relatively more electricity and less oil than many of our competitors," Staffas said "Our electricity price is not linked to the oil price, it's stable," he added The decision not to hedge the oil price is "very ...