Joint statement by G7, ex. US: Expresses readiness to contribute to appropriate efforts safe passage through the Strait of Hormuz; will take other steps to stabilise energy markets, including working with certain producing nations to increase output

Israeli officials says the attack on Iran's South Pars gas field was coordinated with the US but will likely not be repeated

Indonesia President wants to increase coal production to anticipate rising fuel costs

Joint statement by G7, ex. US: Expresses readiness to contribute to appropriate efforts safe passage through the Strait of Hormuz; will take other steps to stabilise energy markets, including working with certain producing nations to increase output

ECB leaves rates on hold as expected; Not pre-committing to a particular rate path, is well positioned to navigate this uncertainty

ECB Staff Projections: Headline and core inflation forecasts raised, GDP forecast trimmed for 2026/27