Europe news

Europe news

We are not there yet. What we've agreed upon is to use any necessary tools, if needed, to stabilise the market, including the potential release of stockpiles.

Cooper said there's been a "collaboration between Russia and Iran over a long time on some of these issues," adding this is part of a "bigger pattern of cooperation between Russia and Iran. We know we have faced threats to our security in Europe from Russia," she added. "We see that in Ukraine, but also more widely those threats to Europe as well."

Forecasts that oil will hit $100 barrel happen regularly now because of the war in the Middle East and the shuttering of the Strait of Hormuz through which 20% of the world's oil flows by ship. If 2022, after the start of the Ukraine war, is any indication, $100 brings $5 gas.

On one hand, the precious metal continues to benefit from its traditional role as a safe-haven asset amid a tense geopolitical backdrop. On the other hand, rising inflation concerns, fuelled by higher oil prices, are affecting the outlook for monetary policy and limiting further upside.

I think they heard the president's message yesterday loud and clear. It is my understanding over the past several hours they've agreed to cooperate with the US military. Well, not really. Our Madrid correspondent Sam Jones says her comments sparked another angry reaction from top Spanish politicians, with foreign minister Jose Manuel Albares telling Cadena Ser radio on Wednesday night: Our no to war' stance remains clear and unequivocal.

Wizz Air warned investors last night that it believes the current crisis in the Middle East will wipe 50m off its profits this financial years. Wizz had previously predicted that earnings would fall within a profit of 25m to a loss of 25m, so today's warning means it expects a loss for the year.

The Ministers strongly condemned the unjustifiable Iranian attacks against the GCC countries which threaten regional and global security and called on Iran to cease immediately its attacks, they said in a joint EU-GCC statement. The statement also reaffirmed that Gulf countries have the right to take all necessary measures to defend their security and stability and protect their territories, citizens and residents.

Oil distributors, retailers and wholesalers have been accused of taking advantage of the crisis in the Middle East to price gouge Irish consumers, farmers and businesses. Home-heating oil prices have now shot up by €500 for 1,000 litres since last week, with petrol and diesel also surging at the pumps.

Unfortunately it was not enough to secure a majority we will continue to do our utmost in the new works council to bring about change for us and our colleagues at the gigafactory. The unusually heated battle had pitted the carmaker's management against the union and was marked by lawsuits and mutual accusations of slander.

Spain has been terrible. In fact, I told Scott [Bessent] to cut off all dealings with Spain. Spain, first of all, it started when every European nation, at my request, paid 5%, which they should be doing and everybody was enthusiastic about it, Germany, everybody, and Spain didn't do it.

There was already quite a narrow corridor that all aircraft leaving Europe were having to fly through because of the Israeli operations in Palestine. Everybody was having to fly through a narrow corridor along the Black Sea and now the airspace they were using to go around the conflict has closed, so there's no way to pass through.

Europe's ageing fleet of nearly 2,000 ferries are a large but overlooked source of foul air in coastal cities. Emissions of sulphurous oxides toxic gases that smell like burnt matches and rotten eggs react to form tiny particles that penetrate the lungs, ride the bloodstream and damage organs throughout the body.

Cities across Nouvelle-Aquitaine and the Basque Country, including Bordeaux, Bilbao and San Sebastian, matched or exceeded their long-term February records, with temperatures of 27.1C and 27.6C recorded in Bilbao and San Sebastian on Wednesday, more than 13C above average for the time of year.