"The prices are ridiculous here. How are things on your side?" This is the common refrain coming from Mom's emails, as news headlines scream of further escalations around the Strait of Hormuz that have driven oil prices even higher. For months, I could shrug off her concerns. Looking at the inflation figures coming out of the US, the Europeans seemed to have been left unscathed by the war. It is a wonder how the prices have stayed relatively stable, and few complain about the cost of living locally, given how much more dependent on imported energy this Old Continent is.