German 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 …
Oil
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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 …
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Business
US-Iran deal to reopen Strait of Hormuz drives oil prices down
by Leo Müllerby Leo MüllerStrait of Hormuz Reopening Drives Oil Prices Down After U.S.-Iran Framework Oil prices fell after a U.S.-Iran framework to reopen the Strait of Hormuz; Asian markets rallied as officials outlined …
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Business
OPEC+ raises July oil quotas by 188,000 barrels per day in fourth increase
by Leo Müllerby Leo MüllerOpec+ raises production targets by 188,000 bpd in fourth monthly increase OPEC+ raises production targets by 188,000 barrels per day from July as group says move will stabilise markets amid …
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Business
German Industry Faces Rising Material Shortages as Iran War Disrupts Oil Supply
by Leo Müllerby Leo MüllerGerman industry reports rising material shortages as ifo survey shows 15.9% of firms affected German industry faces rising material shortages—ifo survey: 15.9% of firms hit in May. Oil and petrochemical …