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CNBC World News

May 06, 2026

Lufthansa faces nearly $2 billion in extra fuel cost amid the Iran war, after axing 20,000 flights

Germany's largest airline, Lufthansa, is taking on additional fuel costs as the Middle East conflict poses 'enormous challenges.'

CNBC World News

May 06, 2026

European stocks close higher amid growing optimism for U.S.-Iran peace deal

European stocks soared on Wednesday as traders responded to reports that the U.S. and Iran are close to an agreement that will bring an end to the war.

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