[US-Iran Conflict Drives Up Oil Prices, Eurozone Inflation Rebound Strengthens Rate Hike Expectations] BlockBeats News, July 31: Following the breakdown of the US-Iran ceasefire agreement and the subsequent rise in oil prices, Eurozone inflation rebounded in July, further reinforcing market expectations that the European Central Bank will raise interest rates again. Data released by Eurostat on Friday showed that Eurozone consumer prices rose 2.9% year-on-year in July, up from 2.8% in June. This figure aligns with the median forecast of economists, as inflation data from France and Spain earlier exceeded market expectations. In the Eurozone, energy prices rose by 10%, while service prices and core inflation indicators—excluding volatile items such as energy and food—also accelerated.