Keywords: EU
European Union governments are struggling to seal agreement on a landmark twentieth package of sanctions against Russia, with a far‑reaching ban on maritime services for Russian oil tankers at the heart of the dispute as the anniversary of Moscow’s full‑scale invasion of Ukraine approaches......
European gas prices have surged as rising tensions between the United States and Iran revive fears of supply interruptions through the Strait of Hormuz, a key route for liquefied natural gas shipments from the Gulf. The Dutch TTF benchmark, Europe’s main gas price reference, climbed back above......
German Chancellor Friedrich Merz said he will pursue strategic partnerships with China during a visit next week, signaling a shift toward closer economic engagement with Beijing as trade tensions with Washington continue to simmer. Speaking to supporters at his Christian Democratic Union’s Ash......
US Energy Secretary Chris Wright called on the International Energy Agency to abandon its climate related work during the organization’s ministerial meeting in Paris on Wednesday, escalating tensions that could lead Washington to withdraw from the influential global energy body. Speaking at the......
European Union ambassadors are meeting this week to finalize sanctions against the Kulevi oil terminal in Georgia as part of the bloc’s 20th sanctions package against Russia, in what would mark the first time Brussels targets a port in a country officially seeking EU membership. The proposed measures......
Hungary’s state controlled energy company MOL has ordered its first seaborne deliveries of Russian crude to be routed through Croatia, marking a new phase in an energy supply dispute involving Kyiv, Budapest and Bratislava after damage to the Druzhba pipeline in late January. Foreign Minister......
Spanish Prime Minister Pedro Sánchez said Tuesday that prosecutors have been instructed to investigate X, Meta and TikTok over allegations that their platforms facilitated the creation and distribution of AI generated child sexual abuse material. In a message posted on X, Sánchez said......
European natural gas prices dropped sharply on Monday as forecasts of milder temperatures across the continent eased immediate concerns over heating demand. The benchmark Dutch TTF contract slid more than 5 percent to around 30.75 euros per megawatt hour, according to Trading Economics, marking its lowest......
World Trade Organization Director General Ngozi Okonjo-Iweala has urged China to rethink its export-driven growth strategy, warning that the country’s record $1.2 trillion trade surplus cannot be sustained because the rest of the world is unable to absorb it. Speaking at the Munich Security Conference,......
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