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EU
European leaders are responding to rising oil prices as Saudi cargo deliveries face disruptions from Middle Eastern conflicts. The closure of the East-West oil pipeline threatens up to 4% of global supply, prompting urgent measures, including France’s push for alternative routes and Italy’s abolition of car taxes to alleviate costs.
Residents of Piddington, a village near Oxford, have voted overwhelmingly in a symbolic referendum to “secede” from the UK, protesting plans to convert a former military site into an asylum seeker accommodation. With 285 of 312 ballots supporting self-determination, villagers celebrated by declaring the area the “Principality of Piddington.”
Canada is in discussions with Brussels to join the Erasmus+ exchange programme, enabling student mobility between Canada and EU universities. This initiative, part of a broader effort to deepen ties, would make Canada the first non-European nation to participate in the programme, enhancing bilateral relations significantly.
US President Trump has intensified his criticism of German Chancellor Friedrich Merz, urging him to focus on the Russia-Ukraine conflict rather than the Iran war. Trump’s remarks follow Merz’s assertion that the US is being “humiliated” by Iran, and highlight ongoing tensions over NATO troop presence in Europe.
EU Trade Commissioner Maroš Šefčovič announced discussions with US counterparts about establishing a digital legislation forum, aiming to address concerns related to the EU’s Digital Services and Markets Acts. The US seeks to ease these regulations, linked to ongoing steel and aluminium tariff negotiations.
Belgium is negotiating with French energy group Engie to take control of its nuclear power plants, aiming to secure energy supplies. Prime Minister Bart de Wever confirmed plans to halt decommissioning operations while advocating for increased use of nuclear energy amid rising energy prices linked to global conflicts.
European defence spending surged by 14% in 2025, totalling €739 billion, with Germany becoming the largest investor after increasing its budget by 24% to €97 billion. This rise comes amid US pressure for NATO members to meet 5% GDP targets by 2035, marking the highest growth since the 1950s.
Hungarian Prime Minister-elect Péter Magyar indicated that EU funds could soon be released to Hungary following productive talks with European Commission President Ursula von der Leyen. Their discussions addressed unlocking billions in frozen funding, necessary for economic support, amid a looming August deadline.
As EU countries debate the European Commission’s proposal, China is urging national governments to abandon the planned law. Beijing has warned that failure to comply will lead to countermeasures, highlighting escalating tensions between the EU and China over regulatory standards.
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