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ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock

ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock By Tsvetana Paraskova of OilPrice.com Europe will have to contend with the energy price shock for months despite the tentative U.S.-Iran agreement to end the war and reopen the Strait of Hormuz, European Central Bank (ECB) officials said this week. The ECB last week raised key interest rates for the euro area for the first time since 2023 as the Middle East conflict hiked energy prices that have started to feed into core inflation. The ECB raised the key interest rate by 25...
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May 27, 2026 / Tyler Durden
US, India Sign Critical Minerals And Rare Earths Mining Pact
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May 10, 2026 / Tyler Durden
What Would Be Truly Bullish? Actually Fixing What's Broken
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Mar 27, 2026 / Tyler Durden
UAE Pushes For Hormuz Security Force, While Turkey Argues Against Gulf Entry Into War
UAE Pushes For Hormuz Security Force, While Turkey Argues Against Gulf Entry Into War It's one of those things that sounds nice on paper, but when missiles and drones are inbound, no one is going to want to be on a military ship sitting in the middle of the Strait of Hormuz: the United Arab Emirates, which has been among the hardest-impacted Gulf states in Iran's ongoing retaliation, is pressing for a multinational maritime ​taskforce to reopen vital oil transit waterway, the Financial Times reports ‌Friday. The UAE, with a navy that's not...
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