Russia Says 376 Ukrainian Drones Intercepted During Overnight Attacks Russia says 376 Ukrainian drones were intercepted overnight, causing fires at oil sites in the south and near Moscow; officials report …
Oil
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Business
OPEC+ announces August oil output increase of 188,000 barrels per day
by Leo Müllerby Leo MüllerOPEC+ Confirms August Oil Production Increase of 188,000 Barrels a Day OPEC+ will raise oil production in August by 188,000 barrels per day, the cartel said, signaling a cautious expansion …
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Dax record: German benchmark climbs to 25,517 points as markets rally on US jobs slowdown and falling oil Dax record at 25,517 points as German benchmark jumps 1.9% after US …
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Business
German inflation drops to 2.3% in June after fuel rebate, oil slide
by Leo Müllerby Leo MüllerGerman inflation slows to 2.3% in June 2026 as oil prices and fuel discount ease pressure German inflation eased to 2.3% year-on-year in June 2026, helped by lower oil prices …
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World
US and Iran announce 60-day roadmap, oil waivers and Lebanon de-confliction cell
by anna walterby anna walterUS-Iran talks produce 60-day roadmap, oil waivers and Lebanon de-confliction cell US-Iran talks conclude with a 60-day roadmap, oil export waivers, release of some frozen assets and a de-confliction cell …
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German producer prices climb 2.2% in May as oil shock drives costs German producer prices rose 2.2% year‑on‑year in May as energy and input costs surged following oil supply disruptions …
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Business
German producer prices rise 2.2% in May as Iran conflict lifts oil
by Leo Müllerby Leo MüllerGerman producer prices rise 2.2% in May as oil-driven energy costs push input prices higher German producer prices rose 2.2% year‑on‑year in May, driven by a jump in energy costs …
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Politics
Oil prices hold near $83 after US‑Iran framework prompts market caution
by Hans Ottoby Hans OttoOil prices hold near $83 after sharp drop following US‑Iran framework agreement Oil prices steady near $83 as Brent slips to $82.76 after a weekend sell‑off; markets cautious while shipping …
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Business
Strait of Hormuz reopening announced after US‑Iran deal, easing global oil pressure
by Leo Müllerby Leo MüllerStrait of Hormuz to Reopen After U.S.-Iran Framework; Oil Markets and Global Trade Brace U.S. and Iran have agreed to a framework to reopen the Strait of Hormuz, aiming to …
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Business
Oil price drop after US-Iran framework deal eases German fiscal strain
by Leo Müllerby Leo MüllerU.S.-Iran Framework Agreement Eases Markets but Leaves Economic Risks Intact Markets eased briefly after a U.S.-Iran framework agreement, lowering oil prices; economists warn repairs and supply measures are needed as …