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Economy
Oil surges to $110 after Israel hits Iran's energy facilities
Brent crude oil prices surged to $110 a barrel after Israel attacked the largest gas plant and another oil facility in Iran. The Islamic Revolutionary Guard Corps of Iran (IRGC) reacted by announcing that some Gulf energy sites are "legitimate targets".
Europe News
'Trade caught in US domestic politics,' lead Brussels lawmaker says
MEPs will reach out to US trade officials next week in a bid to salvage the transatlantic trade deal as Washington opens new investigations on EU goods. But lawmakers worry Brussels is being pulled into an unpredictable standoff driven by US domestic politics.
Economy
Could oil prices really reach $200 a barrel as claimed by Iran?
As the Iran war approaches the two-week mark, energy markets are bracing for a potential "super shock". The IRGC has repeatedly threatened to push oil prices up to $200 per barrel, leveraging its control over the Strait of Hormuz, but how realistic is this scenario?
Europe News
EU’s largest economies push for faster capital market integration
France, Germany, Italy, the Netherlands, Poland and Spain are urging the EU to agree by summer on a set of proposals designed to strengthen oversight of financial market infrastructures and improve operations across the bloc.
Business
US Justice Department digs into Iran's sanctions evasion via Binance
The US Justice Department has begun investigating Iran’s alleged use of Binance to circumvent sanctions, especially funds transferred through the crypto exchange to finance terrorist organisations like Yemen’s Houthi militants.
Europe News
EU eyes oil reserves as Iran war sends energy prices surging
Ministers are exploring measures to curb energy prices and inflation at a series of meetings in Brussels, with the release of oil reserves being discussed. Germany stated that it supports keeping the option on the table, but emphasised that now is not the right time to use it.
Europe News
French blockade looms over EU plan to speed up trade deals in English
Eager to unlock new markets for EU businesses, the European Commission plans to accelerate trade deal ratification by circulating only English versions for approval by EU governments and the European Parliament – but sources told Euronews that Paris is set to oppose the move if it goes ahead.
Europe News
EU slams door on China with ‘Made in Europe’ push
EU Commissioner Stéphane Séjourné on Wednesday presented a strategy shutting Beijing out of EU public funding by introducing a European preference in strategic sectors. Countries which limit access to their own markets through local content rules would also be cut off.
Europe Today
Middle East war shows 'Europe must reinforce its autonomy': Calviño
European Investment Bank chief Calviño tells Euronews a world in disarray means Europe 'must enforce its strategic autonomy' faster. Europeans worry new energy shock stemming from the war in Iran could rattle industry again.
Europe Today
'Nobody can pressure me,' European Parliament trade chief says
German MEP Bernd Lange told Europe Today he would resist pressure from the European Commission to enact the trade deal with the US — and if Washington fails to provide clarity, he warned, the 27-member bloc should consider countermeasures.
Europe News
EU Commission urges MEPs to pass EU-US deal despite fresh tariffs
EU Trade Chief Maroš Šefčovič is pressing MEPs to push through the EU-US trade deal after Washington urged Brussels to honour its commitments – but the US Supreme Court's recent ruling striking down Trump's tariffs raises doubts about the validity of the 2025 agreement.
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