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ECB Governing Council member Nagel stated that there are no signs of easing in the foreseeable future. Even if the Strait of Hormuz reopens to navigation soon, oil supplies will take several months to return to normal.

2026-06-15

ECB Governing Council member Nagel stated that there are no signs of easing in the foreseeable future. Even if the Strait of Hormuz reopens to navigation soon, oil supplies will take several months to return to normal.

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2026-06-15

According to the New York Post, President Trump warned France could trigger a new trade fight if it does not drop its 3% digital services tax, threatening 100% tariffs on all French champagne and wine if the levy remains. He said he had directly told

According to the New York Post, President Trump warned France could trigger a new trade fight if it does not drop its 3% digital services tax, threatening 100% tariffs on all French champagne and wine if the levy remains. He said he had directly told President Macron to cancel the tax; the U.S. market accounts for roughly one-fifth of French wine sales, over $2bn annually. France’s 3% digital services tax, effective since 2019, targets gross revenues from digital services and applies to companies including Alphabet, Amazon, Meta and Apple, hitting U.S. tech firms because it is levied on revenue rather than profit.
2026-06-15

Oil prices fell after the US and Iran reached a peace agreement, and US airline stocks rose in pre-market trading. Alaska Airlines rose 3.3%, JetBlue Airways rose 4.2%, and United Airlines rose 4.7%. Delta Air Lines rose 4.5%, and American Airlines r

Oil prices fell after the US and Iran reached a peace agreement, and US airline stocks rose in pre-market trading. Alaska Airlines rose 3.3%, JetBlue Airways rose 4.2%, and United Airlines rose 4.7%. Delta Air Lines rose 4.5%, and American Airlines rose 3.7%.
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