War threatens to wreak havoc with the global economy, IMF warns

The Fund’s scenarios range from the Not Good through the Bad to the Exceedingly Ugly.

POLITICO
Zelenskyy will fix Druzhba oil pipeline as he counts on Hungary to lift EU loan veto

German Chancellor Friedrich Merz said the €90 billion loan to Ukraine must now be “disbursed quickly.”

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France and UK to co-host talks on securing Strait of Hormuz

The French and the British want to help when the conflict ends.

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Allies try to puzzle out US blockade of Iran

President Donald Trump is trying to ramp up the pressure on Tehran — but allies and officials are scrambling to understand how the blockade will help.

Politico
Access to trees is becoming a luxury in European cities

There’s a growing “green divide” among richer and poorer Europeans, a new study finds.

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EU plans emergency state aid rule change to address soaring energy costs

Change would make it easier for member countries to tackle fallout from U.S. war on Iran.

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Ireland cuts tax on motor fuel as protests grip the country

The unrest has wreaked havoc on Ireland’s fuel supply network over the past week.

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Trump announces Strait of Hormuz blockade after Iran talks collapse

In a pair of Truth Social posts, he also said the Navy would intercept any vessel that has paid tolls to Iran to transit the strait safely.

Politico
UK to host officials for Strait of Hormuz talks next week

The next set of talks will be at a more junior level than the first round on Apr. 2

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Attack on oil pipeline in Italy threatened fuel supplies across southern Germany

Police are investigating whether the attack was politically motivated.

POLITICO