Keywords: EU


EU moves to sanction Georgian oil terminal in Russia package

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 orders first Russian oil shipments via Croatia

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......

Spain orders probe into X, Meta and TikTok over AI child abuse images

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 falls to five week low on milder weather forecasts

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......

WTO chief warns China’s $1.2 trillion trade surplus is unsustainable

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,......

EU clears Universal Music purchase of Downtown with conditions

The European Commission on Friday approved Universal Music Group’s 775 million dollar acquisition of Downtown Music Holdings, subject to conditions requiring the sale of Downtown’s royalty accounting platform Curve to address competition concerns. The conditional clearance concludes a months......

Starmer to propose joint European defense initiative at Munich conference

British Prime Minister Keir Starmer is set to use the Munich Security Conference this weekend to advocate for a new multinational defense initiative among Western allies aimed at coordinating joint weapons procurement and lowering the costs of rearmament, according to the Financial Times. Starmer is......

TotalEnergies seeks clarity on scope of EU ban on Russian LNG

TotalEnergies is pressing French and European authorities for clarification on how the upcoming European Union ban on Russian liquefied natural gas will be enforced, after Chief Executive Patrick Pouyanné warned that a broad interpretation of the rules could prevent European companies from marketing......

EU identifies two training sites in Ukraine for troop instruction

The European Union has identified two military training centers in western Ukraine where European forces could train Ukrainian troops on their own soil as part of potential security guarantees under a future peace agreement. The move signals a concrete step toward deeper military cooperation between......