European gas traders are hedging against a potential price surge to €100/MWh next winter, driven by Middle East conflict and slow storage replenishment.
European Traders Hedge Against Gas Price Spike to **€100/MWh** Next Winter Read More »
ECB President Christine Lagarde urged Europe to reduce reliance on fossil fuels and energy imports, citing rising prices and climate risks. She noted the green transition has lost momentum.
Lagarde Urges Europe to Cut Energy Import Dependency Amid Rising Prices Read More »
EU member states are divided over harmonized capital market supervision, threatening delays in competitiveness. Brussels pushes for integration to reduce reliance on the US and China.
EU Divisions Over Capital Market Oversight Threaten Competitiveness Read More »
Russia’s oil export value has reached its highest level since February 2022, averaging $2.42 billion weekly, driven by increased volumes and prices.
Russia’s Oil Export Value Hits Post-February 2022 High Read More »
European Commission President Ursula von der Leyen dismissed Donald Trump’s threat of 25% tariffs on EU cars, urging adherence to trade agreements. EU leaders backed her stance.
Von der Leyen Dismisses Trump’s 25% EU Car Tariff Threat Read More »
Hungary’s new PM Peter Magyar accuses predecessor Viktor Orban of excessive spending, risking this year’s budget deficit targets. He pledges fiscal discipline.
Hungary: Magyar Warns Orban Government Spending Risks Budget Deficit Overrun Read More »
Ukraine has launched over 20 strikes on Russian oil infrastructure this year, causing an estimated $7 billion in losses. These attacks have impacted export revenues and production.
Audi warns that potential U.S. tariffs on European cars could significantly impact its financial performance. The automaker is also facing declining sales in China.
Audi Cautions on Financial Impact of US Tariffs on European Cars Read More »
French Trade Minister Nicolas Forissier stated the EU has tools to respond to US threats on strategic industries like steel and autos. This comes after President Trump announced potential tariffs.
France Says EU Has Tools to Respond to US Threats on Steel and Autos Read More »
U.S. President Donald Trump has approved the “Keystone Light” pipeline project, aiming to transport Canadian crude oil to the U.S. despite environmental concerns.
Trump Approves ‘Keystone Light’ Pipeline for Canadian Oil Transport Read More »
