Coalition Confirms Tankrabatt Will End on July 1, Cites Fiscal Limits and Readiness to Act German coalition confirms Tankrabatt ends July 1; government cites fiscal limits and readies measures to …
fuel
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Politics
Germany ends 1.6 billion euro fuel discount as coalition refuses extension
by Hans Ottoby Hans OttoGermany to Let 1.6 Billion Euro Fuel Discount Expire at Month-End, Coalition Says Germany will let a 1.6 billion euro fuel discount expire on June 30, 2026, the Union-SPD coalition …
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Business
IATA warns airlines will earn $4.50 per passenger amid 70% fuel surge
by Leo Müllerby Leo MüllerIATA: Airline Profit per Passenger Seen Dropping to $4.50 as Jet Fuel Surges Global airlines face a squeeze as IATA warns average airline profit per passenger could fall to $4.50 …
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Business
Lufthansa procurement chief Stehling races to secure jet fuel supply
by Leo Müllerby Leo MüllerLufthansa’s Fuel Chief Scrambles to Secure Jet Fuel Supply After Strait of Hormuz Shutdown Lufthansa procurement chief Cecilia Stehling raced to shore up the jet fuel supply after Iran’s March …
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German fuel prices fall in May after tankrabatt and weaker crude oil push pump costs down German fuel prices fell in May after the government’s temporary tankrabatt and lower crude …
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Business
US AI investments fuel economic growth as 50 billion data center boom
by Leo Müllerby Leo MüllerAI investment surge fuels U.S. growth as data‑center building and supercomputer imports climb U.S. AI investment in data centers and high‑performance computing is driving robust economic growth, with roughly $50 …
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Business
Inflation in Germany drops to 2.6 percent in May, fuel costs up
by Leo Müllerby Leo MüllerGerman inflation eases to 2.6% in May, Destatis reports German inflation slowed to 2.6% year-on-year in May, down from 2.9% in April, according to a first estimate from the Federal …
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Business
Cuba Energy Crisis Deepens as US Pressure and Venezuela Halt Fuel Shipments
by Leo Müllerby Leo MüllerCuba energy crisis deepens as blackouts, fuel shortages and sanctions cripple services Cuba energy crisis intensifies with 12–16 hour blackouts, dwindling fuel after Venezuela halted shipments, and U.S. sanctions squeezing …
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World
Tanker off Oman sustains external explosion and fuel leak, crew safe
by anna walterby anna walterTanker explosion off Oman prompts investigation after fuel leak, crew safe UKMTO reports an external explosion near a tanker 60 nautical miles off Oman, causing a fuel leak; all crew …
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Politics
Sudan conflict escalates as foreign backers fuel deadly drone strikes
by Hans Ottoby Hans OttoSudan conflict deepens as foreign backers and drones entrench a bloody stalemate Sudan conflict escalates as foreign patrons and drone warfare fuel mass displacement, famine and rising civilian casualties across …