BERLIN 🇩🇪
Germany will release part of its strategic oil reserves after the International Energy Agency urged members to deploy 400 million barrels to counter price spikes linked to the Middle East war, Economy Minister Katherina Reiche said. Berlin will also restrict petrol stations to one price rise per day. Oil markets remain volatile amid uncertainty over access to the Strait of Hormuz. – Christina Zhao
PARIS 🇫🇷
Emmanuel Macron urged Israel to renounce a ground offensive in Lebanon and called on Hezbollah to “immediately” halt attacks after speaking with Lebanese President Joseph Aoun. Fighting has intensified since Hezbollah struck Israel following the killing of Iran’s Ayatollah Ali Khamenei. Israel has expanded air raids and deployed troops near the border. Lebanese authorities say 634 people, including 91 children, have been killed. – Christina Zhao
MADRID 🇪🇸
The European Commission has referred Spain to the EU’s top court for failing to implement two VAT directives intended to ease the fiscal burden on small businesses. Brussels will seek financial sanctions, warning the delay risks double taxation. Madrid has said it does not plan to use an optional exemption, while business groups argue the inaction undermines competitiveness. – Inés Fernández-Pontes
ATHENS 🇬🇷
Greece will cap profit margins on fuel and supermarket goods for three months to curb unjustified price rises linked to turmoil in the Strait of Hormuz, Kyriakos Mitsotakis said. Heating oil and diesel have jumped sharply, according to market monitors. Authorities will step up inspections to prevent profiteering as energy market volatility begins to filter into consumer prices. – Sarantis Michalopoulos
BRUSSELS 🇧🇪
Belgian broadcaster RTBF reported that federal judicial police have obtained a video claiming responsibility for this week’s attack on a synagogue in Liège. Security was tightened at Jewish community sites across Belgium in the aftermath. The federal prosecutor’s office told RTBF that forensic analysis was underway to verify the footage and trace its origin. – Nicoletta Ionta
PRISTINA 🇽🇰
A draft European Parliament report on Kosovo described 2025 as a “lost year,” citing prolonged political stalemate that left the country without a government for much of the period. Rapporteur Riho Terras said progress on the rule of law and anti-corruption was limited, while media freedom rankings slipped. The report backs lifting EU measures and urges countries in the bloc that do not recognise Kosovo to move towards recognition. – Bronwyn Jones
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