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The Romanian lei fell to a new low against the euro, trading at 5.2320.

2026-05-05

The Romanian lei fell to a new low against the euro, trading at 5.2320.

Other News
2026-05-05

ECB Governing Council member Nagel: If the inflation outlook does not improve, this means a rate hike is possible in June.

ECB Governing Council member Nagel: If the inflation outlook does not improve, this means a rate hike is possible in June.
2026-05-05

Chevron CEO Mike Wirth expressed concern over Strait of Hormuz ship safety as US-Iran fire exchanges escalated Monday during US military escorts. The conflict, linked to Trump's plan to reopen the waterway, threatens a fragile ceasefire and has force

Chevron CEO Mike Wirth expressed concern over Strait of Hormuz ship safety as US-Iran fire exchanges escalated Monday during US military escorts. The conflict, linked to Trump's plan to reopen the waterway, threatens a fragile ceasefire and has forced majors to cut Middle East output since late February. The closure imperils ~1 billion barrels of oil cargoes, pushing crude prices up nearly 60% in nine weeks. Wirth warned depleting supply buffers create price pressure and volatility; while the US faces price rises not shortages, global supply risks remain elevated.
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