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Europe
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Europe News
Exclusive: G7’s 100-million-barrel pledge tied to March oil release
The October G7 announcement aims to accelerate and complete the IEA’s March emergency oil-stock release, rather than add a new 100-million-barrel pledge to the original 400 million, according to a document seen by Euronews.
Ukraine
South Korea recalls ambassador to Ukraine in North Korean prisoner row
Seoul said Kyiv's public disclosure of the repatriation of two North Korean prisoners endangered their families in North Korea, where relatives of those who fall into enemy hands face punishment. Ukraine has rejected South Korea's accusations.
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Economy
EU debt could hit €1 trillion by 2027, auditors warn
EU auditors said 3.8% of the bloc's spending last year breached funding rules, warning that borrowing could hit €1 trillion by 2027 and that the next long-term budget risks repeating the flaws of the COVID-era recovery fund, as the Commission defended its controls.
Europe News
Only one in three EU counter-drone systems on track, report warns
EU counter-drone investment grew sixfold in 2025, but only a third of programmes will deliver by 2030, a confidential EU report seen by Euronews says, citing fragmented procurement and industry struggling to keep pace with fast-moving drone technology.
Markets
Oil tops $105 as Trump weighs return to Iran combat operations
Brent crude rose above $105 a barrel on Thursday after reports that US President Donald Trump is considering a return to "major combat operations" against Iran, while European stock markets opened lower as rising oil prices fuelled inflation fears.
Europe Today
Rubio urges Europe to wake up as EU trade chief begins key China trip
Europe's ties with China, the US and the UK are all being tested at once. EU trade chief Maroš Šefčovič is in Beijing with a deadline to rebalance trade relations, Marco Rubio tells Europe to wake up, and London weighs rejoining the EU. In France, students are back on the streets today.
