Economy

The Iran war exposes what the EU won’t admit

The supply shock brought on by the conflict is teaching Brussels a vital lesson – one it will have to learn sooner or later

JAL to consider resumption of flights to Russia when conditions will be in place

Japan Airlines said it suspended operations because the aviation insurance industry had stopped underwriting insurance for flights to Russia due to economic sanctions

India to purchase Russian oil regardless of duration of US sanctions suspension

India needs to ensure energy security for the benefit of its people, the source said

Sri Lanka to buy Russian crude oil amid Middle East energy crisis

Sri Lanka has reached a pact with Russia on crude oil supplies to ease the energy crisis, with the details being worked out and the first shipment due in mid-April

Gas shortages spread across France, hitting nearly 20% of stations

Around 18% of French gas stations have been hit with fuel shortages as capped prices and global oil pressures strain supply, officials say

German military spending pushing deficit higher

Germany’s military spending rose by 23% in 2025, pushing the budget deficit to a multi-year high, according to official data