Euro slides under $.99 following Russia halts gasoline materials to Europe

Euro slides under $.99 following Russia halts gasoline materials to Europe


10 and 5 euro notes.

Adrien Fillon | Nurphoto | Getty Pictures

The euro has fallen under $.99 for the to start with time in 20 yrs following Russia stated it would shut off its principal fuel supply pipeline to Europe indefinitely.

At 7.30 a.m. London time Monday, the euro was buying and selling at .9898 as opposed to the dollar, just off lows of around .9881 hit before in the early morning.

The dollar index, which actions the buck versus six big currencies, breached a refreshing two-10 years significant as the British pound slid on fears above electrical power source and European financial expansion. 

On Friday, Russian power supplier Gazprom announced it would not resume its source of pure gasoline to Germany by the essential Nord Stream 1 pipeline, blaming a malfunctioning turbine.

This is a breaking information tale and will be up to date shortly.



Source

Zelenskyy asks Trump for 50 years of security guarantees, says meeting with Russia possible
World

Zelenskyy asks Trump for 50 years of security guarantees, says meeting with Russia possible

US President Donald Trump gestures as he greets Ukrainian President Volodymyr Zelenskyy as he arrives for a meeting at the White House in Washington, DC, on Oct. 17, 2025. Tom Brenner | AFP | Getty Images Ukraine’s President Volodymr Zelenskyy said Monday that he has asked for up to 50 years’ worth of security guarantees […]

Read More
DigitalBridge shares jump 50% after report SoftBank is in talks to acquire firm
World

DigitalBridge shares jump 50% after report SoftBank is in talks to acquire firm

The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on November 21, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of data center investment firm DigitalBridge surged as much as 50% in premarket trade on Monday after a media report that Japan’s SoftBank was in advanced talks to acquire the […]

Read More
A Swedish city is being moved — building by building — amid Europe’s minerals push
World

A Swedish city is being moved — building by building — amid Europe’s minerals push

The LKAB facility in Kiruna, Sweden. The company said on Jan. 12 that it found Europe’s biggest known deposit of rare earth elements there. Jonas Ekstromer | Afp | Getty Images The ripple effects from Europe’s growing appetite for raw materials extend all the way to Sweden’s far north. Thousands of residents and buildings are […]

Read More