German Vice Chancellor Lars Klingbeil warned that large oil industry players are taking advantage of the Middle East crisis to make money.
Lars Klingbeil, Germany's finance minister, at a Eurogroup meeting in Brussels, Belgium, on Monday, March 9, 2026. The French government said the possibility of releasing strategic oil reserves would be discussed at a virtual meeting of Group of Seven finance ministers Monday.
The current situation in energy markets — triggered by the war in Iran — would allow for the release of strategic oil reserves, according to European Union Economy Commissioner Valdis Dombrovskis.
The current situation in energy markets — triggered by the war in Iran — would allow for the release of strategic oil reserves, according to European Union Economy Commissioner Valdis Dombrovskis.
Valdis Dombrovskis, economy commissioner for the European Union (EU), during a news conference following a Eurogroup meeting in Brussels, Belgium, on Monday, March 9, 2026. The French government said the possibility of releasing strategic oil reserves would be discussed at a virtual meeting of Group of Seven finance ministers Monday. Photographer: Omar Havana/Bloomberg
The current situation in energy markets — triggered by the war in Iran — would allow for the release of strategic oil reserves, according to European Union Economy Commissioner Valdis Dombrovskis.
The current situation in energy markets — triggered by the war in Iran — would allow for the release of strategic oil reserves, according to European Union Economy Commissioner Valdis Dombrovskis.
The current situation in energy markets — triggered by the war in Iran — would allow for the release of strategic oil reserves, according to European Union Economy Commissioner Valdis Dombrovskis.
The current situation in energy markets — triggered by the war in Iran — would allow for the release of strategic oil reserves, according to European Union Economy Commissioner Valdis Dombrovskis.
European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.
European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.
European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.
European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.
European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.
European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.
The German government has set up a task force to assess whether action may be required to contain fuel-price gains triggered by the Middle East conflict though it sees no immediate need to intervene.
The German government has set up a task force to assess whether action may be required to contain fuel-price gains triggered by the Middle East conflict though it sees no immediate need to intervene.
US companies criticized a plan by Poland’s Digital Affairs Ministry to implement a digital services tax, saying it would unfairly target some of the country’s biggest foreign investors.
US companies criticized a plan by Poland’s Digital Affairs Ministry to implement a digital services tax, saying it would unfairly target some of the country’s biggest foreign investors.
US companies criticized a plan by Poland’s Digital Affairs Ministry to implement a digital services tax, saying it would unfairly target some of the country’s biggest foreign investors.
US companies criticized a plan by Poland’s Digital Affairs Ministry to implement a digital services tax, saying it would unfairly target some of the country’s biggest foreign investors.
US companies criticized a plan by Poland’s Digital Affairs Ministry to implement a digital services tax, saying it would unfairly target some of the country’s biggest foreign investors.
US companies criticized a plan by Poland’s Digital Affairs Ministry to implement a digital services tax, saying it would unfairly target some of the country’s biggest foreign investors.
The German government expects Europe’s biggest economy to emerge from three years of stagnation in 2026, but a heavy reliance on state spending shows fostering a broader-based recovery remains a work in progress.
The German government expects Europe’s biggest economy to emerge from three years of stagnation in 2026, but a heavy reliance on state spending shows fostering a broader-based recovery remains a work in progress.
Gross domestic product is seen expanding by 1% this year. Photographer: Krisztian Bocsi/Bloomberg
The German government expects Europe’s biggest economy to emerge from three years of stagnation in 2026, but a heavy reliance on state spending shows fostering a broader-based recovery remains a work in progress.
The German government expects Europe’s biggest economy to emerge from three years of stagnation in 2026, but a heavy reliance on state spending shows fostering a broader-based recovery remains a work in progress.
Gross domestic product is seen expanding by 1% this year. Photographer: Krisztian Bocsi/Bloomberg
German Finance Minister Lars Klingbeil reiterated a call for smaller groups of European Union members to forge ahead with reforms to make the 27-nation bloc more competitive in an increasingly ruthless global environment.
German Finance Minister Lars Klingbeil reiterated a call for smaller groups of European Union members to forge ahead with reforms to make the 27-nation bloc more competitive in an increasingly ruthless global environment.
European Finance Ministers are discussing using the bloc’s anti-coercion trade instrument and other economic countermeasures following US President Donald Trump’s announcement of new tariffs over the Greenland dispute.
European Finance Ministers are discussing using the bloc’s anti-coercion trade instrument and other economic countermeasures following US President Donald Trump’s announcement of new tariffs over the Greenland dispute.
Danish Economic Affairs Minister Stephanie Lose in Brussels, on Jan. 20.
European Finance Ministers are discussing using the bloc’s anti-coercion trade instrument and other economic countermeasures following US President Donald Trump’s announcement of new tariffs over the Greenland dispute.
European Finance Ministers are discussing using the bloc’s anti-coercion trade instrument and other economic countermeasures following US President Donald Trump’s announcement of new tariffs over the Greenland dispute.
Danish Economic Affairs Minister Stephanie Lose in Brussels, on Jan. 20.
European Finance Ministers are discussing using the bloc’s anti-coercion trade instrument and other economic countermeasures following US President Donald Trump’s announcement of new tariffs over the Greenland dispute.
European Finance Ministers are discussing using the bloc’s anti-coercion trade instrument and other economic countermeasures following US President Donald Trump’s announcement of new tariffs over the Greenland dispute.
Danish Economic Affairs Minister Stephanie Lose in Brussels, on Jan. 20.
US President Donald Trump reached a red line with his threat to hit NATO allies with additional tariffs for opposing his bid to annex Greenland, Germany’s finance chief said as he urged Europe to prepare its strongest trade countermeasure in response.
US President Donald Trump reached a red line with his threat to hit NATO allies with additional tariffs for opposing his bid to annex Greenland, Germany’s finance chief said as he urged Europe to prepare its strongest trade countermeasure in response.
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