News

Hungarian Oil and Gas Industry Joint Stock Company (MOL): If oil shipments from the east fail to resume in the next few days, Hungary may need to release about 250,000 tons of strategic crude oil reserves in the first round.

Hungarian Oil and Gas Industry AG (MOL): The Hungarian oil and gas group has started supplying its refineries with crude oil by sea to make up for the supply shortage. The first shipment is expected to arrive at the Croatian port of Omisali in early March.

Hungarian Oil and Gas Industry Joint Stock Company (MOL): The Duruzhba Pipeline has not transported any oil since January 27. The company has contacted the Hungarian Ministry of Energy to request the use of strategic petroleum reserves.

The German DAX30 index closed down 110.19 points, or 0.44%, at 24793.20 points on February 16 (Monday);The British FTSE 100 index closed up 2 on February 16 (Monday) 2.94 points, an increase of 0.22%, to 10469.29 points;The FCHI index closed up 4.76 points, or 0.06%, to 8316.50 points on February 16 (Monday); The European Stoxx 50 Index closed down 6.48 points, or 0.11%, at 5978.75 points on February 16 (Monday);The Spanish IBEX35 Index closed up 173 points on February 16 (Monday) .35 points, an increase of 0.98%, to 17845.75 points;Italy’s FTSE MIB index closed down 13.12 points, or 0.03%, to 45417.50 points on February 16 (Monday).

The U.S. ambassador to Israel stated that he is committed to peace on the Iran nuclear negotiations, but warned that if a war for the future is inevitable, then go to war.

According to Politico: U.S. President Trump called California’s energy deal with the United Kingdom “inappropriate.”

Ukrainian President Zelensky: I thank the Secretary-General of the Council of Europe and his team for their support of our people in these difficult times.

Market news: US Republican Senator Graham met with Israeli Prime Minister Netanyahu.

Canadian Minister of Trade with the United States LeBlanc and Mexican Economy Minister Ebrard signed a memorandum of understanding on trade.

LeBlanc, Canada’s minister responsible for trade with the United States: Canada seeks to establish an industrial partnership with Mexico.

LeBlanc, Canada’s minister responsible for trade with the United States: Bombardier, Bimbo and other companies will participate in the talks.

LeBlanc, Canada’s minister responsible for trade with the United States: About 370 Canadian business leaders gathered in Mexico for dialogue.

Fitch: M&A activity is expected to increase in specialty insurance and reinsurance, UK, Dutch and German life insurance, and European bancassurance.

Fitch: M&A in the European insurance industry will accelerate in 2026.

Canadian Prime Minister Carney announced the appointment of Janice Charette to lead trade negotiations with the United States.

The British government has abandoned plans to cancel local council elections.

Market news: Russian President Vladimir Putin appointed Oreshkin as chairman of the Russia-BRICS Cooperation Council.

Market news: German container shipping company Hapag-Lloyd agreed to acquire Israeli rival ZIM for $35 per share in cash.

Market News: United Airlines selects General Electric Aerospace's GENX engines to power its new 787 Dreamliner.

Austrian Finance Minister: The European Central Bank’s usual appointment schedule should be adhered to.