Iran War
Economics minister examines fuel prices for cartel violations
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Fuel prices in Germany have risen sharply due to the Iran war. Federal Economics Minister Katherina Reiche has announced a cartel law investigation into the price surges. Finance Minister Lars Klingbeil warns oil companies of consequences if they exploit the situation.
As the Middle East conflict enters its fifth day since US-Israeli strikes on Iran began on February 28, 2026, airlines have now canceled over 15,000 flights worldwide to the region, stranding tens of thousands. Building on earlier disruptions exceeding 21,000 cancellations at key Gulf hubs, new safe air corridors are opening while most airlines extend suspensions.
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The conflict between the US, Israel, and Iran has led to counterattacks endangering German soldiers in Jordan and Iraq as well as civilians in Dubai. More than 500 Bundeswehr soldiers are stationed in the region, and drone attacks occurred at two sites. In Dubai, residents were woken by rocket alerts.