Nestlé nears deal to sell stake in €5bn Perrier unit
Swiss group races to agree terms with Platinum Equity for water business, whose brands include San Pellegrino
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European gas prices approach Iran war highs as traders fret over winter supplies
Heatwaves and bidding war with Asian buyers leave market vulnerable to Strait of Hormuz disruption
Oil rises to highest level in six weeks as Middle East war escalates
Goldman Sachs warns oil could jump to $120 per barrel if Strait of Hormuz remains ‘disrupted’
Why the EU faces a Russian oil vs LNG sanctions stand-off
Also in this newsletter: more US-EU trade deal jitters