One of the most striking features of the Iran war has been the resilience of the global oil market. Despite the disruption of flows through the Strait of Hormuz, the world’s most important oil transit chokepoint, prices have generally hovered around US$100 (£75) per barrel – a lower level than many observers had expected.
A man shops at El Recuerdo Market in Los Angeles in 2025, next to a sign indicating that customers may pay with SNAP benefits.
OFSI fines lender £165,000 over payments linked to streamer Okko
Diana Layfield pointed to ‘Monzo-shaped hole’ in markets across Europe
A specific form of financial pressure has accumulated in Greece over the past five years, reflected in a steady rise in the cost of living.
Shares in group have plummeted since profit warning last month
Athens is closely monitoring a draft Turkish law expected to be submitted to parliament in June that could formally codify Ankara’s long‑standing claims over maritime zones in the Aegean and the Eastern Mediterranean.
New Democracy has emerged from its party congress attempting to reset its internal equilibrium and sharpen its message to undecided voters. In the meantime, Alexis Tsipras has now fixed May 26 as the launch date for his new party - a move that reshape the centre‑left and disrupt the political landscape.
Rising public debt adds pressure while increased hedge fund trading opens up new fragilities
Investors reluctant to commit to new fund of French firm that has yet to sell prize asset
