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European stocks were mostly steady on Wednesday as investors weighed signals from Washington that a diplomatic breakthrough in the Iran war could be imminent.
With gasoline prices averaging above $4 a gallon nationally, drivers are grappling with a sharp rise in fuel costs. How can you get the most out of every fill-up?
Almonty's tungsten mine in Sangdong, South Korea, in March 2026.AlmontyBEIJING — The Iran war is squeezing a global commodities market already pressured by China's export controls and stockpiling.
Also in this newsletter: European Commissioner for the Economy Valdis Dombrovskis tells Europe Today that a prolonged and escalating war in the Middle East could mean a 'stagflationary shock' for Europe.
European Union diplomats are set to hold a video conference with leaders in the Middle East to get their assessment of the situation in the region. Plus, oil prices soar amid escalating conflict. DW has the latest.
Gold and silver surged on Tuesday, marking their strongest single-day rebound since last weeks historic sell-off. Gold rose above Rs 1,51,000, while silver also recovered sharply. Analysts attribute the bounce to technical oversold conditions, short covering, and safe-haven demand, with US economic data and Fed policy likely to influence near-term volatility.
