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According to the Financial Times, Brussels plans to activate a carbon price brake mechanism due to the immense pressure on the industrial sector caused by the war with Iran.

2026-03-25

According to the Financial Times, Brussels plans to activate a carbon price brake mechanism due to the immense pressure on the industrial sector caused by the war with Iran.

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2026-03-25

South Korea is strengthening contingency plans as Middle East tensions persist, with Prime Minister Kim Min-seok calling for a whole-of-government response. An emergency economic task force and situation room will be set up, while a supplementary bud

South Korea is strengthening contingency plans as Middle East tensions persist, with Prime Minister Kim Min-seok calling for a whole-of-government response. An emergency economic task force and situation room will be set up, while a supplementary budget of about 25 trillion won ($16.7 billion) is being prepared to address rising energy costs, support households and stabilize supply chains. The government has already imposed a fuel price cap and may cut fuel taxes. The move comes as the country, which imports about 70% of its crude from the Middle East, faces inflation and growth risks from potential supply disruptions.
2026-03-25

Two sources said that the ports of Primorsk and Ust-Luga on Russia's Baltic coast have suspended loading operations of crude oil and petroleum products following drone attacks.

Two sources said that the ports of Primorsk and Ust-Luga on Russia's Baltic coast have suspended loading operations of crude oil and petroleum products following drone attacks.
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