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Irish Finance Minister Simon Harris says the risk of a surge in inflation from the spike in energy prices is a reminder that Europe needs to accelerate efforts to become more energy independent. He speaks on Bloomberg Television.

Ireland's finance minister, Simon Harris, said there are risks of a surge in inflation from the spike in energy prices and the Iran conflict is a "sharp wake-up call" for Europe to become more energy independent. He was speaking on Bloomberg's The Pulse with Francine Lacqua.