Following tense exchanges between Economics Minister Reiche and Finance Minister Lars Klingbeil, the government held talks over the weekend. Will the coalition succeed in easing the burden on citizens, or will it… Grouped from 8 articles across 7 sources.
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Following tense exchanges between Economics Minister Reiche and Finance Minister Lars Klingbeil, the government held talks over the weekend. Will the coalition succeed in easing the burden on citizens, or will it collapse?
German Chancellor Friedrich Merz says he expects oil firms to pass on a fuel duty cut to consumers. DW has the latest.
Asian stocks fall as naval blockade threat injects new turmoil into financial markets.
Oil surged Monday, as a U.S. blockade of Iran’s ports began. President Donald Trump threatened what he called Iranian “fast attack ships.”
Demand at online marketplaces could settle at a new, higher normal, with the crisis leaving consumers ‘scarred’ Car buyers’ interest in electric cars has surged across Europe since the start of the war in Iran, as the rising cost of petrol highlights the cheaper power available from a plug. Online marketplaces in the UK, Germany, France and Spain reported huge increases in inquiries about electric vehicles since the start of the conflict in February. Continue reading...
Iranian parliament speaker Mohammad Bagher Qalibaf said Americans would soon be "nostalgic for $4-$5 gas" after President Trump announced a blockade of the Strait of Hormuz on Sunday. Taurean Small reports on the pain at the pump currently being felt across the United States.
Hundreds of officers deployed to regain control of O’Connell Street on sixth day of protests by farmers and hauliers Police have cleared a blockade of central Dublin by farmers and hauliers who were protesting about fuel prices, signalling a possible end to six days of protests that have rocked Ireland. Mounted units and hundreds of officers regained control of O’Connell Street in a peaceful operation that emptied the thoroughfare of trucks and tractors on Sunday morning. Continue reading...
Failed US-Iran peace talks send oil prices surging higher and the Australian share market lower. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
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President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait. Grouped from 8 articles across 6 sources.
The price of U.S. crude rose to $104.24 a barrel following the blockade announcement and Brent crude oil, the international standard, rose to $102.29. Grouped from 69 articles across 14 sources.
The US military is gambling on the blockade denying Iran vital trade - but questions remain on whether the bet will pay off. Grouped from 2 articles across 2 sources.
Authorities used force to reopen the country's only refinery, after days of disruption over petrol prices left fuel pumps dry and threatened emergency services operations.
Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz
Trips in electric vehicles will be exempt from the temporary fee of 5 cents a kilometre, rideshare firm says Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news…