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France sends first Western European ship through Hormuz

Economy

Trump unveils up to 100% tariffs on patented drugs

Economy

Macron and Lee say they'll work together to reopen Strait of Hormuz

Economy

Richest 0.1% hide more wealth than the poorest half of humanity owns

Economy

Iran war slashes Germany's growth outlook by 50%, with deficit at 4.2%

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Economy

Germany's first Omani LNG shipments arrive despite Gulf disruptions

Germany's first Omani LNG deliveries are arriving on schedule — but analysis of the country's supply chain suggests Berlin's exposure to the Middle East crisis runs deeper than officials admit.

Economy

Cheaper drones: Europe's lesson from the Ukraine invasion and Iran war

As US and Israeli stockpiles drain against Iranian drones, the Bruegel think-tank warns Europe faces an even harder fight on its own doorstep

Economy

Oil and gas prices will not return to normal after Iran war, EU warns

The EU has warned that oil and gas prices will not go down any time soon, even if the Iran war ends, citing pressure on fuel supplies and tight global markets, as it prepares support measures for households and businesses.

Economy

Algeria emerges as Europe’s key gas partner after Iran strikes

Algeria is acting as a "safety valve" for Europe, but cannot fully compensate for the loss of Qatari supply, energy expert Hashem Akl told Euronews.

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Economy

How a 'People’s IPO' is encouraging Central Asia into the stock market

A programme opening up major state-owned enterprises to ordinary citizens is set to reshape the country's capital markets and mint a new generation of investors.

Economy

Eurozone inflation jumps to 2.5% amid Iran war: Will ECB hike rates?

Consumer prices jumped at their fastest monthly pace since October 2022, driven almost entirely by the energy shock from the Iran conflict. Economists are split on whether Frankfurt will pull the trigger.

Economy

A new way to measure poverty shows the US falling behind Europe

The time needed to get $1 in international dollars is 63 minutes in the US. This is about twice the average in Germany, France and the UK according to an Oxford University researcher. This suggests that average poverty is significantly higher in the US.

Economy

Spain's inflation jumps to 3.3% as Iran war drives energy costs higher

Spain's consumer prices have risen at their fastest rate since 2024, reaching 3.3% year-on-year in March, driven by surging energy costs linked to the ongoing Iran conflict, according to the Spanish national statistics agency.

Economy

Is Iran using cryptocurrencies to circumvent sanctions?

Experts say Iran's Revolutionary Guards are using cryptocurrencies to circumvent Western sanctions and finance allied militias.

Economy

Is Europe sleepwalking into its worst gas crisis since 2022?

European gas prices have surged 70% and storage is running low. Supply disruptions, rising inflation and the prospect of ECB tightening are raising fears of a repeat of the 2022 energy crisis.

Economy

Germany's armed forces association calls for shift to 'war economy'

The German Armed Forces Association is warning of a growing Russian threat, a weakened Europe and an unreliable Washington — while the Iran conflict pours billions into Putin's coffers.

Economy

OECD cuts eurozone growth forecast as energy prices surge

The OECD said Thursday it was cutting its eurozone growth outlook and forecasting higher inflation for 2026 after the Middle East war caused energy prices to skyrocket.

Economy

War-driven disruptions push Central Asia to rethink agriculture

Rising geopolitical tensions are disrupting Central Asian agriculture, boosting global food prices, straining supply chains and pressuring exports. Experts stress regional cooperation, diversification, and innovation as key responses.

Economy

Who won and who lost from a year of US tariffs?

A report published this month by the McKinsey Global Institute offers one of the most rigorous accountings of last year's trade war. Its verdict confounds almost every prediction made when the tariffs were first introduced.

Economy

G'day to cheaper Champagne: EU-Australia deal boosts European products

After eight years of fraught negotiations, Europe and Australia have finally struck a trade deal. From champagne to critical minerals, here is what changes — and for whom.

Economy

Iran war energy shock puts ECB on alert — Lagarde vows timely response

The Iran war has sent oil and gas prices surging and rate hike bets rising, but ECB chief Christine Lagarde says the eurozone is far better placed to absorb the shock than it was when Russia invaded Ukraine.

Economy

Europe's nuclear leaders: Which countries produce the most?

Nuclear power accounts for 12% of the EU’s energy mix. Yet despite recent increases, overall nuclear power production is declining.

Economy

Is the Iran war pushing Europe into a stagflation crisis?

The Iran conflict has handed Europe its most punishing economic combination in years — stagflation. With input costs surging, output stalling and confidence collapsing, the ECB's window of stability seems to have closed.

Economy

State pensions in Europe: Where do they best cover the cost of living?

State pensions as a share of living costs vary widely across Europe. In Northern and Western Europe, pensions often meet or exceed basic expenses while in Eastern Europe and the Balkans they often fall short of covering them.

Economy

IEA: Global economy faces ‘major, major threat’ because of Iran war

War in the Middle East has 'severely' damaged more than 40 energy assets across nine countries, said the head of the International Energy Agency, as he warned of deepening risks to the global economy.

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Economy

Is Europe going to be forced to return to nuclear energy?

With the EU still importing over 50% of its energy and facing persistently high electricity bills, the debate over a nuclear revival to ensure independence and affordability has been reignited.

Economy

Spain unveils €5bn energy package to offset costs of Iran war

The Spanish government has approved a package of 80 measures to tackle rising energy prices and mitigate the broader economic impact of the war in the Middle East.

Economy

IEA urges swift cuts in oil demand, encourages remote work

As the war in the oil-rich Middle East keeps escalating, the International Energy Agency is calling on governments to take measures to reduce oil demand by pushing remote working, reducing speed limits and encouraging a shift towards public transport.

Economy

Fuel taxes across Europe: Where do consumers pay the most?

Fuel prices across Europe are soaring, with taxes making up more than half of the cost at the pump in many countries. Euronews Business examines how differences in taxes mean motorists in some countries now pay far more at the pump than others.

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Economy

Iran war has 'material impact' on inflation, ECB's Lagarde warns

ECB holds rates, warning Middle East tensions and oil risks could push inflation higher. Baseline sees 2.6% in 2026, but energy shocks could lift it to 3.5% or 4.4%, depending on how long supply disruptions persist.

Economy

ECB keeps rates steady as rising energy prices fuel inflation concerns

The European Central Bank (ECB) kept its key policy rates on hold on Thursday, as fresh spikes in oil and gas prices threaten to derail recent progress in reducing inflation.

Economy

Bank of England holds rate at 3.75% amid Iran war inflation fears

The Bank of England has held its main interest rate at 3.75% in the wake of rising oil and gas prices following the start of the Iran war.

Economy

Brent crude oil crosses $119 after Iran hit largest Qatari energy site

Brent crude oil traded briefly above $119 a barrel after Iran struck Qatar’s largest energy site, the Ras Laffan gas field. The attack was in response to Israeli strikes against the Iranian South Pars gas field.

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Economy

Fed projects one rate cut, sees limited Iran war impact

Federal Reserve officials say the war in Iran is likely to push up inflation this year, while having little impact on economic growth.

Economy

Oil surges to $110 after Israel hits Iran's energy facilities

Brent crude oil prices surged to $110 a barrel after Israel attacked the largest gas plant and another oil facility in Iran. The Islamic Revolutionary Guard Corps of Iran (IRGC) reacted by announcing that some Gulf energy sites are "legitimate targets".

Economy

Moody's says US recession increasingly 'hard to avoid' amid Iran war

Moody’s Analytics model forecasts a 49% chance of a US recession in the next 12 months, the closest probability in years.

Economy

Federal Reserve not likely to cut rates as Iran war stokes inflation

The Federal Reserve is expected to hold interest rates steady and may signal it will not cut rates at all this year as the Iran war complicates the central bank's inflation outlook.

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Economy

ZEW index: German investor sentiment hits lowest level in a year

German investor morale has plunged to its lowest level in almost a year, with sentiment in the eurozone also deteriorating, as the Middle East conflict rattles European markets.

Economy

Hormuz tensions threaten Asia's energy lifeline as crisis deepens

Countries across Asia are scrambling to contain surging energy costs and fuel shortages as disruptions in the Strait of Hormuz threaten supplies.

Economy

Iran raises minimum wage by 60% as war decimates household budgets

The Iranian regime has announced a 60% increase in the minimum wage as the country grapples with the ongoing war and record inflation.

Economy

Real GDP growth in Europe: Which countries grew the most in 2025?

Spain has the highest real GDP growth among major economies while Germany lags behind. Euronews Business takes a closer look at the figures, with experts explaining the key drivers.

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Economy

US Treasury chief hails 'very good' China talks ahead of Trump visit

High-level US and Chinese officials have wrapped up two days of economic discussions in Paris, with the US Secretary of Treasury describing the sessions as productive ahead of President Trump's visit to China.

Economy

Explainer: Why Kharg Island is vital to Iran and the global economy

Strikes have already hit military infrastructure on a small Iranian island in the Persian Gulf — but if oil facilities are targeted next, the global economy could face a serious shock.

Economy

Hormuz becomes world's costliest waterway after 300% premium surge

Missile threats, soaring insurance premiums and suspended voyages are reshaping the trade that once went through Hormuz — and consumers will feel it within weeks.

Economy

Oil prices rise as Trump presses allies to secure the Strait of Hormuz

Oil prices continue to rise as the Iran war enters its third week, with President Trump pushing allies to help secure the Strait of Hormuz as investors react to threats facing Middle Eastern export facilities.

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Economy

Why is chocolate so expensive — and where have prices risen most?

Chocolate prices rose 18% across the EU in 2025 — the highest increase of any food item — as drought in West Africa drove up cocoa costs. But the impact has varied widely across Europe.

Economy

AI at work: Anthropic finds use still far below its potential

AI giant Anthropic compared observed AI exposure and theoretical AI capability in the labour market. The analysis shows that AI is still far from reaching its theoretical potential.

Economy

Diplomacy al dente: US withdraws anti-dumping duties on Italian pasta

The Italian Foreign Ministry, in cooperation with the European Commission, succeeded in obtaining a reduction in the anti-dumping duties introduced by the US administration on Italian pasta imported into the country

Economy

Democrats say Trump tariffs could cost US households more than $2,500

Congressional Democrats warn new tariffs could raise household costs as the administration moves to replace revenue lost after a Supreme Court ruling.

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