EU Council President Antonio Costa warned that Russia has emerged as the primary beneficiary of the ongoing Middle East conflict, profiting from soaring energy prices and reduced international attention on its war in Ukraine. Speaking to EU ambassadors in Brussels, Costa said Russia gains new resources to finance its operations in Ukraine while the diversion […]
Europe’s retail industry is bracing for renewed pressure as rising energy prices linked to the ongoing U.S.-Israeli conflict with Iran threaten to push operating costs higher. Retail stocks, including Zara owner Inditex and Britain’s Marks & Spencer, fell as investors warned that higher fuel and gas prices could hurt an already fragile sector. The industry […]

