russia

Military operations that began on February 28, 2026, and the effective closure of the Strait of Hormuz have caused global oil markets to experience one of the largest supply shocks in history. As of March 2026, the price of Brent crude has increased by more than 50% from its pre-war level of $72, approaching the $110 threshold. A 10-point assessment analyzing this critical period in global energy markets...

Christine Lagarde, President of the European Central Bank (ECB), stated that they are determined to reduce inflation to the medium-term target of 2 percent, and that they plan to increase interest rates further for this. Lagarde spoke at the "Monetary Dialogue" session of the Economic and Financial Affairs Committee of the European Parliament (EP). Stating that the ECB has started a rapid and...