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Oil Shock Watch: The Strait of Hormuz jitters are still driving markets, with the IEA warning oil stocks could slip into a “red zone” by July-August unless Hormuz fully reopens. EU Macro: The European Commission cut EU growth forecasts to 1.1% for 2026 and lifted inflation to 3.1%, calling it a stagflationary shock from the Middle East energy disruption. Germany Pressure: Germany’s 2026 growth outlook was slashed to 0.6% as tariffs, high energy prices and uncertainty bite. Baltic Security: Latvia reported another drone incursion, prompting NATO fighter scrambles, as Baltic states keep linking incidents to wider regional warfare spillovers. Policy Signals: France ruled out NATO involvement in Hormuz security, while Germany’s lawmakers are set to vote on an aviation tax cut that could slightly ease travel costs. Energy Diplomacy: EU leaders also kept energy and security on the agenda, including at the European Political Community summit in Yerevan.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

AGP Wire

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4 hours ago

Energy and utilities construction market seen topping $207 billion by 2030

EIN Presswire

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4 hours ago

Energy-based aesthetic devices market seen topping $11 billion by 2030

EIN Presswire

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7 hours ago

Tankless water heater market seen reaching $7.7 billion by 2033

EIN Presswire

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14 hours ago

Cynosure tops fragmented energy-based aesthetic devices market

EIN Presswire


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EU slashes eurozone 2026 growth forecast on Mideast war

EU slashes eurozone 2026 growth forecast on Mideast war


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4 hours ago

Energy And Utilities Construction Market Report 2026| Business Growth Factors, Current and Future Trends till 2030

EIN Presswire

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4 hours ago

Energy-Based Aesthetic Devices Industry Report: Competitive Landscape and Future Prospects

EIN Presswire

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6 hours ago

Clean Energy Technologies, Inc. (Nasdaq: CETY) and Vermont Renewable Gas, LLC Announce Additional Regulatory Milestone for Lyndon Renewable Energy 

GlobeNewswire, Inc.

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7 hours ago

Fusion Fuel Announces BrightHy Solutions Will Construct and Operate 2 MW Industrial Green Hydrogen Project for Çimsa Cementos in Spain

GlobeNewswire, Inc.

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7 hours ago

Tankless Water Heater Market Size US$ 5.0 Billion in 2026 Driven by Energy Efficiency Demand

EIN Presswire

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17 hours ago

EU States Back Step-by-Step Approach to Western Balkans’ EU Integration

MENAFN

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