USA politics

The European Commission plans a new round of sanctions against Russia, including a proposed ban on maritime services for vessels carrying Russian oil, as officials consult G7 partners. This development comes as the war nears its fourth year, impacting energy revenues and sanctions enforcement.

The week so far has been dominated by the Israel-Iran conflict with a shaky ceasefire currently in place. Donald Trump’s remarkable outburst on TV sent shockwaves around the globe, as a leaked US intelligence report suggests the US bombing of Iran did little damage to Iran’s nuclear efforts – Trump denies this.

The NATO summit is currently underway with members committing to spending 5% of GDP and signing security deals with each other amid an increasingly unstable world.

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