Europe left with under 30 days of jet fuel reserves as Hormuz tensions resurface
Analysts expect fuel tightness to persist through August as renewed strikes near the Strait of Hormuz threaten a fragile Iran ceasefire, leaving Britain, France and Germany most exposed to further disruption
Tax incentive for hedge funds from London, Asia and the Middle East – Goal: Turn Athens into an investment hub
Protective framework for investment funds, managers and executives relocating activities to Greece – 5% tax rate on carried interest and a block on double taxation
Asian countries are the biggest losers from fuel transport disruptions
Several states are considering using their strategic reserves to mitigate the impact of energy market disruptions—China does not feel secure either