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EUR: Europe’s energy bill keeps the euro pinned

The euro has fallen further than any other major currency since the conflict began, losing roughly twice as much ground as the pound. Europe’s structural dependence on imported energy means surging oil and gas prices hit the eurozone economy harder and faster...


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Oil crashes but the questions remain

If you checked the oil price yesterday morning and felt a knot in your stomach, check it again now. After briefly surging past $119 a barrel on Monday – its highest since 2022 – crude collapsed back to around $90 after President Trump told CBS the Iran conflict is...


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Sterling the surprise winner from oil crisis

Sterling the surprise winner from oil crisis

Sterling has hit a four-week high against the euro and is currently trading close to its best since last July. It is struggling against the US dollar and some other currencies, while the markets attempt to work out the ramifications of the war in Iran and its effect...


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