Resilient corporate earnings have helped steady investor nerves despite a historic supply shock in the oil markets.
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The European Commission wants the rules to reflect ‘today’s changed geopolitical and trade context, where industrial scale and global competitiveness’ take precedence.
American consumers are showing fatigue that could intensify as the energy shock from the Middle East war worsens.
Trump mulls US troop cuts in Italy, Spain over Iran row
The US leader has been bitterly critical of Nato allies for failing to help keep the Strait of Hormuz open to oil tanker traffic.
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