EU gas stocks at 5-year low as Mideast LNG disruption persists
European Union gas storage levels have dropped further to mark their lowest mid-August level in five years, with…
Iran newspaper lists Trump, European leaders as revenge targets
TEHRAN — A conservative newspaper in Iran known for its provocative tone has published a list of people…
Lagarde dismisses early‑exit talk, says she will stay ‘on deck’ at ECB to ensure price stability
PARIS, June 15 — European Central Bank President Christine Lagarde said today that she would remain in place…
US-Iran Deal: EU Hails End to War, Reopening of Hormuz
European Union chief, Antonio Costa, on Monday welcomed a deal between the US and Iran to end the…
ECB makes first rate hike since 2023 to tame Iran war inflation
Eurozone inflation has been accelerating since the start of the US-Israeli war against Iran, jumping to 3.2% in…
Middle East energy shock threatens 1.3 million EU jobs as industrial giants warn of regulatory drag
Morten Wierod, the Chief Executive Officer of ABB, the Swiss-Swedish multinational industrial technology giant, has warned that Europe…
Eurozone Inflation Tops 3% for First Time in Three Years on War-Driven Energy Surge
The European Central Bank (ECB) Governing Council meeting in Frankfurt, Germany, on Dec. 18 last year. AP-Yonhap Eurozone…
Mideast war pushes eurozone inflation to 3.2% in May
Eurozone inflation picked up further in May as the Middle East war sent energy costs soaring, official data…
Eurozone business activity shrinks further in May
Inflation leapt to 3% in April, significantly higher than the European Central Bank’s 2% target. (EPA Images pic)…
Europe’s EV Sales Surge as Oil Shock Hits Drivers
Sales of electric vehicles in Europe are on the rise as the Middle East war disruption in oil…
Europe’s Gas Industry Seeks Relief From Storage Mandates
European Union gas industry lobby groups are urging Brussels to relax gas storage refill targets amid the supply…
ECB set to hold rates despite Iran war energy shock
The central bank for the 21-nation euro area is expected to keep its key deposit rate at 2%…