Trump offers Ukraine olive branch at G7 — with a price tag

The U.S. president’s overtures left EU leaders more upbeat on the second day of the G7 summit in France.

POLITICO
US military escorting growing number of oil tankers through Hormuz, Energy secretary says

The increased traffic through the Strait of Hormuz comes as Trump and Iran continue haggling over a peace deal.

Politico
Romania’s PM-designate promises reforms to help business as he urgently seeks support

As time runs out for Eugen Tomac to win backing in the Romanian parliament, he tells POLITICO that austerity must continue, amid fears of a new economic crisis.

POLITICO
1 BMO: #energyprices have plummeted and #WTI is below $85. #Equityfutures are up about 0.5%, ahead of the first day of trading for #SpaceX, which is looking at the largest #IPO in history. 🧵 #markets
Far-right surge puts Merz’s coalition on the clock to deliver

The AfD’s growing popularity is putting the chancellor in a historically weak position even as he pursues sweeping reforms.

POLITICO
‘I love the inflation’: Trump’s messaging on affordability clashes with voter concerns

Less than a quarter of Americans approve of how the president is managing cost-of-living issues, according to a poll released this week.

POLITICO

Utility bills are on the rise. Solar and energy storage could help you keep your energy costs in check. #energyprices

https://pv-magazine-usa.com/2026/06/01/solar-and-energy-storage-solutions-to-rising-energy-prices/

Solar and energy storage: Solutions to rising energy prices - pv magazine USA

Strong state policy support for distributed energy and storage aims to reduce costs for all ratepayers.

pv magazine USA
3 BMO: The section on #inflation outlined the improvement in core #CPI and that there's been little evidence of pass-through from high #energyprices. Still, #oilprices remain elevated and subject to headline volatility, which drives upside risk #BOC #cdnecon
Trump thinks Iran deal ‘still close’ despite retaliatory strikes over downed helicopter

The president has sporadically threatened additional military action since taking out Iran’s leadership in February, but has avoided full-scale attacks.

Politico
Eon estimate our energy bill will increase by 8.6% in July. I imagine many will have bigger increases. At the same time, forecasters believe pay will increase by just 3%. Inflation expected to be at 4-6% by the end of the year (if you believe the figures). Businesses are desperate to cut pay and recruit on as little as possible. This whole economic situation is not sustainable.
#EnergyPrices #uk #ukpolitics