The finance ministers of Spain and four other European countries are urging the European Union to impose a bloc-wide windfall tax on energy companies, concerned that surging oil and gas prices driven by the war in Iran will fuel inflation and strain households. Spanish Economy Minister Carlos Cuerpo said Saturday that his counterparts from Germany, […]
By Alex Kimani – Feb 25, 2026, 7:00 PM CST Geopolitical tensions between the U.S. and Iran have pushed oil prices to seven-month highs, as markets factor in a sizable risk premium ahead of critical negotiations. Despite heavy sanctions by the West, Iran’s oil output has recovered to near pre-sanctions levels thanks to the OPEC
5 European Oil Stocks To Buy As Iran Risk Premium Boosts Oil Prices Read More »
By Metal Miner – Dec 31, 2024, 10:00 AM CST Hot rolled coil prices in Europe have risen to €615-625 per metric ton due to year-end buying and mills’ efforts to recover revenue. Low-priced steel imports from Asia and a subdued buying environment are challenges for European steel mills. The European Central Bank’s interest rate
European Hot Rolled Coil Prices Surge as Mills Seek Revenue Recovery Read More »
