UK's energy regulator Ofgem announces 13% increase in energy price cap for 1 July to 30 September 2026 (as expected), citing higher wholesale gas prices due to Middle East conflict
Iran reiterates to regional countries, “If you enter a coalition against us, you will pay a price; but if you accept the logic of regional cooperation, Iran is not a threat to you", state-run Nour News reports
Germany's Economy Minister notes that the country will seek dialogue with China; emphasises the need for fair competition
UK's energy regulator Ofgem announces 13% increase in energy price cap for 1 July to 30 September 2026 (as expected), citing higher wholesale gas prices due to Middle East conflict
ECB's Stournaras says a June rate hike is likely
Newsquawk Daily European Equity Opening News - 27th May 2026
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