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Iran, Europe

Iran war effects on Europe: Is a recession already unfolding?

The eurozone’s private sector slipped back into contraction in April, marking its weakest performance in nearly a year and a half since November 2024, as the war in Iran hit services and fuelled inflation.

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Erdogan says Iran war ‘starting to weaken Europe’ – as it happened

· 18h · on MSN

'Weak' EU savaged for silence over new atrocities in Iran

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Trump says the U.S. will extend its ceasefire with Iran at Pakistan’s request

President Trump said Tuesday the United States is extending its ceasefire with Iran at Pakistan’s request as he waits for a unified proposal from the Islamic Republic.

· 8h

Trump orders Navy to 'shoot and kill' boats mining Strait of Hormuz

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Iran says seized two ships seeking to cross Strait of Hormuz

U.S. News & World Report

Europe Risks Recession if Oil Jumps Over $150, ECB's Stournaras Says

April 1 (Reuters) - ⁠Europe ⁠could face ⁠recession if the Iran conflict drags ‌on and oil ‌prices ⁠jump ⁠over $150 per barrel, European Central Bank policymaker Yannis Stournaras told Greek radio on Wednesday. "Right ⁠now ...

Bloomberg L.P.

Recession Risk in Europe Has Come Down: ING Bank CEO

Recession Risk in Europe Has Come Down: ING Bank CEO Steven van Rijswijk, ING CEO and Chairman of the Executive Board, says the risk of a European recession has declined. He tells Katie Greifeld and Romaine Bostick on “The Close” that more action and investment are still needed in Europe.

NBC Los Angeles

Europe Faces Recession If Putin Fully Shuts Off the Gas Taps

Europe could be pushed into recession if Russia's gas squeeze widens, economists have suggested, after Gazprom cut off flows to Poland and Bulgaria. Stream Los Angeles News for free, 24/7, wherever you are. The state-owned energy giant on Wednesday ...

Women's Wear Daily

What Germany Recession Means for European Container Demand

Falling container demand and consumer spending could have a disproportional impact on Europe during the August-to-October peak season, especially now the German economy is officially in a recession. Germany‘s gross domestic product (GDP) dropped 0.3 ...