EU leaders prepare strategies for potential negotiations with Russia amid uncertain signals from Moscow and shifting geopolitical dynamics.
Global oil stocks fell by a record 200 million barrels in April despite declining demand, driven by Middle East conflicts and supply disruptions, signaling rising prices ahead.
Iran has delivered a 14-point peace proposal to the U.S., demanding troop withdrawals, sanctions relief, and reparations, while Washington remains doubtful about its acceptance.
Lufthansa will cancel 20,000 flights through October 2026 to save over 40,000 tons of jet fuel amid rising energy costs and geopolitical instability affecting aviation fuel supplies.
Global airlines reduce flight capacity by 3% in May due to jet fuel shortages caused by Middle East conflicts and the Strait of Hormuz blockade.
The US extends its suspension of sanctions on Russian oil sales until May 16, balancing geopolitical pressure with global energy market stability amid rising Russian revenues.
Germany authorized multimillion-euro arms exports to Israel amid war, balancing solidarity, political tensions, and complex export regulations affecting corporate strategy.