ECB warns of inflation as Iran war wages on

Frankfurt treads a fine line between keeping a cool head and appearing complacent as energy price spike threatens a rerun of 2022.

POLITICO
NATO’s Rutte: Allies will find ‘way forward’ on Strait of Hormuz

BRUSSELS — NATO chief Mark Rutte on Thursday said he was “confident” allies would find a way to restart traffic through the Strait of Hormuz blocked by Iran after it was attacked by the…

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Trump warns Iran not to retaliate against Qatar following Israeli attack on gas field

The president said had no advanced knowledge of a Wednesday strike on the South Pars gas field.

Politico
Moldovans left without water after Russian attack on Ukraine affects river

Moldovan President Maia Sandu says “Russia bears full responsibility.”

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US dangles steel concessions ahead of key EU Parliament votes

Easier U.S. treatment of products containing steel could unlock approval of last year’s trade deal by EU lawmakers. But it’s not yet a done deal. 

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EU fears panic buying as gas reserves run low

Member countries warn of mass speculation as bloc gears up to bulk buy gas before winter.

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EU, Australia set to conclude trade talks early next week

Commission President Ursula von der Leyen expected to fly Down Under to shake hands on agreement.

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EU hopes Druzhba pipeline deal pushes Orbán to back Ukraine loan

After agreeing to help get Russian oil flowing again, Brussels and Kyiv hope for a Ukraine loan breakthrough at Thursday’s crunch EU leaders’ summit.

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Europe could offer to help Trump on Iran — if he backs Ukraine, Finland’s Stubb suggests

Alexander Stubb, a golf buddy of the U.S. president, says it’s a “really good idea” to try to bargain with Trump, who wants Europe to help him open the Strait of Hormuz. 

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Ukraine accepts EU help to restart Druzhba oil flows

Deal could help ease tensions that prompted Hungary to block a €90 billion EU loan to Ukraine.

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