BP is considering reducing its investments in oil and gas production on the UK continental shelf due to high tax burdens and regulatory uncertainty. The company acknowledges the potential of existing fields but emphasizes that stable conditions are essential for new investments.
Disagreements over the investigation into the data leak at Coupang are affecting security consultations between South Korea and the United States. However, negotiations are continuing separately from this incident.
The Spanish government is preparing a significant reduction in taxes on fuel and electricity as part of a package of measures to mitigate the impact of rising energy prices. An official announcement is expected following the Cabinet meeting.
German Finance Minister stated that discussions about a possible extension of ECB President Christine Lagarde's term are still at a preliminary stage. Germany intends to play an active role in selecting her successor.