The European Central Bank (ECB) may be forced to raise interest rates despite the risk of further weakening the Eurozone economy, as even some of its more cautious policymakers are losing confidence that the oil supply shock triggered by the Iran war will fade quickly, according to an interview published by Politico. Central Bank of Malta Governor Alexander Demarco, described by the outlet as a “dovish” policymaker – an official who typically favors lower interest rates to support economic growth – warned that the ECB may no longer be able to ignore inflation driven by the latest market turmoil and could eventually be forced to tighten monetary policy to prevent broader price pressures from spreading through the economy. “The prospects of looking through this shock appear to be fading now, given the prolongation of the conflict and the prospects of oil prices remaining higher for longer,” Demarco said in the interview, published Tuesday.…