EU

The Strait of Hormuz blockade poses a significant energy challenge for European governments, prompting urgent calls for demand reduction instead of blanket measures. National responses largely fail to meet the European Central Bank’s criteria, risking prolonged economic turmoil and ineffective financial aid.

EU lawmakers, led by German MEP Bernd Lange, agreed to resume work on the EU-US trade deal, initially suspended due to tariff threats from US President Donald Trump. The move aims to provide certainty for European businesses amidst ongoing tensions over territorial sovereignty.

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