The U.S. will consider applying additional tariffs to goods from the European Union in response to fines the 27-nation bloc has levied against U.S. tech firms

The 27-nation bloc this week fined Google $1 billion for violating digital competition rules.

WSJ • Jul 24, 2026

Euro zone firms struggle to raise consumer prices after Iran shock, ECB poll shows

Euro zone companies are struggling to raise prices for consumers already struggling with a rise in fuel costs, with fierce competition from China compounding tough market conditions, ​a European Central Bank survey showed on Friday.

Reuters • Jul 24, 2026

ECB keeps rates on hold, leaves room for more hikes

The European Central Bank kept borrowing costs on hold on Thursday but left room ​for more tightening in the coming months as ‌a widening conflict in the Middle East pushed up energy prices again.

Reuters • Jul 23, 2026

ECB Keeps Interest Rates Unchanged

The European Central Bank kept borrowing costs unchanged, with the deposit rate remaining at 2.25%. This buys the central bank time to wait for data to judge whether price pressures caused by the Iran war require additional fiscal tightening.

Bloomberg Markets and Finance • Jul 23, 2026

Thursday's Final Takeaways: ECB Holds Interest Rates & Oil Rises

Sam Vadas breaks down the ECB's decision to hold interest rates steady and what it signals for the region's economic outlook. Marley Kayden also covers the latest move in energy markets as oil prices climb above $90 per barrel, highlighting the factors driving the rally.

Reigniting Inflation Heaps Pressure on European Central Bank

The central bank held rates steady, but could resume hiking as surging oil prices threaten to drive inflation and bond yields higher.

WSJ • Jul 23, 2026

The ECB is expected to hold rates. But analysts say hawkish hints could be coming — and a hike isn't impossible

Analysts at ING said a surprise hike at Thursday's meeting “should not be fully ruled out.”

Market Watch • Jul 22, 2026

Why the ECB Will Probably Hold Rates Steady Despite Iran Inflation Fears

The latest flare-up in fighting probably won't force the European Central Bank's hand on Thursday, even as energy costs creep higher.

Barrons • Jul 22, 2026

European stocks edge lower amid US-Iran tensions

European shares traded lower on Monday as escalating tensions between the United States and Iran pushed oil prices higher, raising concerns about inflation ahead of another corporate earnings season. Investors also turned their attention to upcoming earnings from major US technology companies and the European Central Bank's policy meeting later this week.

Invezz • Jul 20, 2026

European Energy Stocks Open Higher as Oil Rises on Escalating U.S.-Iran Attacks

European energy stocks opened higher as oil rose on concerns that escalating hostilities between Iran and the U.S. threatened energy flows through the Strait of Hormuz.

WSJ • Jul 20, 2026