EU hands out €546 million in cartel fines - BP predicts oil demand peak in late 2030s - Latvian lenders call on ECB to fix banking scandal
We don’t know if the rumors that Italy's PM checks Italian-German bond yield spreads several times a day are true. But as the ECB ends stimulus and Rome refuses to budge on its budget, he might want to start.
The EU's biofuel policy was meant to help the climate. Instead it's been linked to loss of rainforest because of its reliance on palm oil. New rules aim to phase out the oil but the problem runs deeper, say experts.
Donald Trump's pledge that the US "won't put up with high oil prices for much longer" has led to speculation about how he may try to force OPEC's hand. Skepticism abounds over whether the price of gasoline will fall.
EU officials have expressed optimism that the new framework will allow firms to keep doing business with Iran. Businesses have already pulled out and the Iranian rial has plummeted as the threat of US sanctions looms.
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