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12.03.26 - 07:42
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European drivers face €220 a year jump in fuel costs due to Iran conflict, say experts (The Guardian)
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Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts sayEuropean drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices caused by the war in Iran, analysts have warned. In the UK, a separate estimate puts the cost at an extra £140.A sustained oil price of $100 a barrel, the level seen on Monday, would mean motorists in the EU paying €55bn more over a year, researchers at the Transport & Environment (T&E) thinktank estimated. That is the equivalent of an average of €220 for each driver, with higher-mileage drivers facing even bigger hikes. The assessment was made by comparing data from 2022, when Russia's invasion of Ukraine pushed the oil price to the $100 mark, with data from 2017-2019. Continue reading......
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12.03.26 - 07:42
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Oil price tops $100 again as Iran strikes economic targets across Middle East (The Guardian)
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Vast release of emergency crude reserves fails to quell mounting fears around energy supply crunch, rattling global marketsOil prices again topped $100 per barrel on Thursday as widespread Iranian attacks on Middle Eastern energy facilities overshadowed a vast release of government reserves.As Donald Trump vowed to “finish the job” and press ahead with the US-Israel war on Iran, the country's regime stepped up retaliatory strikes on economic targets across the region. Continue reading......
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12.03.26 - 06:06
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OpenClaw frenzy diverts Chinese investors to ′lobster′ trade amid US-Iran war (SCMP)
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OpenClaw has sparked euphoria on mainland China's stock markets, defying the broader gloom stemming from Middle East hostilities, as investors chase companies compatible with the open-source artificial intelligence tool.
OpenClaw's meteoric rise has lifted stocks of compatible companies, with Hangzhou Shunwang Technology, a provider of online entertainment networking platforms, soaring 22 per cent in Shenzhen over the past week. Talkweb Information System, a telecoms software developer also......
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