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US Treasury chief says only China buying Iranian oil as others wary of sanctions risk

Buyers remain cautious over possibility of reimposed sanctions, giving Tehran incentive to negotiate, Scott Bessent tells Fox News30 June 2026

Global markets advance on easing geopolitical tensions, AI optimism

Planned US-Iran talks support investor sentiment as technology stocks lead gains, lifting Asian markets30 June 2026

German inflation eases to 2.3% in June, below market forecasts

Consumer prices fall 0.3% month-on-month, while core inflation remains steady at 2.5%, says statistics authority Destatis30 June 2026

Commercial ship traffic through Strait of Hormuz rises more than 50% over past week

Some 223 ships transited vital waterway in June 15-21, compared with 343 during June 22-28, Kpler data show30 June 2026

Türkiye, EU underline railway freight cooperation through intermodal transport project

U-IMT Project aimed at making rail freight more competitive, boosting Middle Corridor capacity, says Turkish transport minister30 June 2026

EU steel import quotas enter into force to counter global overcapacity

'This represents a vital step towards ensuring the long-term viability of a strategically crucial European industry, says European Commission30 June 2026

Russia plans to buy gas abroad to stabilize domestic market, Kremlin says, in rare step since 1990s

Kremlin spokesman Dmitry Peskov says package of measures to stabilize fuel market being discussed by government commission30 June 2026

Rising AI investments drive layoffs at US tech firms

US tech giants like Oracle and Meta reduce workforces to restructure, prioritize AI, while other tech firms follow suit with downsizing decisions affecting thousands of workers30 June 2026

Germany’s import prices rise at fastest pace since December 2022 on energy costs

Import prices climb 6.8% year-on-year in May, led by sharp increases in energy, intermediate goods30 June 2026

Shell sees global LNG trade flat in 2026 as Hormuz disruption hits supply

Global LNG demand expected to rise nearly 65% by 2050, reaching close to 700M tons per year, energy major says30 June 2026

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