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EU
A coalition of EU-based titanium dioxide producers has filed a complaint with the European Commission against Chinese firm LB Group, alleging unfair subsidies linked to its planned acquisition of the UK’s Venator plant. This follows prior EU anti-dumping duties introduced against LB Group in 2025.
Ukraine conducted drone strikes on two oil refineries in Russia’s Samara Oblast on Saturday, targeting facilities vital to Russia’s energy infrastructure. The Novokuybyshevsk refinery experienced significant fires, while the Syzran facility was hit shortly after, impacting fuel supplies crucial for domestic and export distribution.
Caracas and the European Union have established a new cooperation agenda following discussions in the Venezuelan parliament, marking a significant economic pivot. This agreement coincides with Venezuela’s efforts to restore relations with the IMF and the World Bank.
High Representative Kaja Kallas convened EU foreign ministers in Kyiv to commemorate the victims of the Bucha massacre, a pivotal event symbolising the quest for justice and accountability in Ukraine. This gathering highlights the EU’s ongoing support for Ukraine amid its conflict.
Germany has the highest total number of immigrants, while Sweden boasts the highest naturalisation rate within the European Union. These statistics highlight contrasting approaches to immigration and integration across member states, reflecting distinct national policies towards foreign nationals.
The leader of the exiled Iranian Kurdish opposition party has condemned Iran’s leaders as “butchers” and described current attempts at military weakening of the regime as supportive. Mohtadi emphasised that any regime change should come from the Iranian people themselves, criticising Europe’s “policy of appeasement” towards Tehran.
EU High Representative Kaja Kallas indicated that using Russia’s frozen assets to finance Ukraine is still possible if Viktor Orbán maintains his veto on the €90 billion loan. Orbán blocked this financial support due to a dispute over the Druzhba oil pipeline, impacting Ukraine’s funding amid ongoing conflict.
Energy Commissioner Dan Jørgensen has urged EU countries to implement coordinated measures to reduce oil and gas consumption amid rising prices due to the Iran conflict and Strait of Hormuz closure. He warned against fragmented responses, stressing the need for a unified approach to ensure supply stability.
The closure of the Strait of Hormuz is impacting global markets, leading to a spike in energy prices and heightened concerns over potential supply shortages. This critical maritime passage is vital for oil transport, intensifying anxieties about the stability of fuel supplies worldwide.
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