Europe

The Flora 1 has departed the Russian oil port of Primorsk, en route to Santos, Brazil, flying the Sierra Leone flag, as reported by ship tracking site MarineTraffic. The vessel’s movement highlights ongoing international shipping activity linked to Russian oil exports.

Austria has declined US requests for military overflights since the start of the Iran war, affirming its position of neutrality, as stated by Defence Ministry spokesperson Colonel Michael Bauer. This follows similar refusals from Switzerland and an expanded ban on US military flights in Spain.

EUROPE MORNING BRIEFING

Italy’s Industry Minister Adolfo Urso has called for the suspension of the EU’s carbon market this morning, highlighting concerns for European businesses amid rising energy costs. His remarks come as the bloc prepares a forthcoming review.

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