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High-stakes peace talks to resolve Iran war underway in Pakistan

Three party talks with the US, Iran and Pakistan have begun after a reduction in Israeli strikes on southern Lebanon and other preconditions being met, according to Iran's IRNA news agency.

USA

JD Vance warns Iran not to 'play' US during planned talks in Pakistan

The US vice president said he was "looking forward to negotiations" in Pakistan as UK Prime Minister Starmer classified the ceasefire as "fragile".

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Emmanuel Macron meets Pope Leo XIV at the Vatican to discuss global tensions

France’s President Emmanuel Macron met Pope Leo XIV at the Vatican on Friday, marking their first official talks and signalling renewed dialogue between France and the Holy See at a time of rising global tensions.

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Wars are 'failure of members, not UN' - General Assembly President

The head of the United Nations' main policy-making organ responded to mounting criticism of her organisation in a Euronews interview, arguing the abuse of vetoes by key members is blocking progress.

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Qatar

Overlooked IRGC body holds key to Iran's Hormuz approach, expert says

The fragile US-Iran ceasefire is already faltering, with Tehran still blocking the Strait of Hormuz navigation in protest against Israel’s attacks in Lebanon. A leading Iran expert indicates Tehran's Hormuz strategy could be part of a well-established strategy.

Economy

US inflation surges to 3.3% as Iran war fuels energy price shock

US consumer prices rose sharply in March, with headline inflation climbing to 3.3% year-on-year as energy costs spiked in the wake of the Iran war, official data showed on Friday.

Europe News

EU considering excessive profit taxes on oil and gas companies

The European Commission is considering taxing windfall profits, similar to the mechanism applied in 2022 during the natural gas crisis. The plea came from five EU countries, which also called for the tax to be expanded to foreign profits dealing with fossil fuels.

Business

TotalEnergies closes major Saudi refinery after attacks

TotalEnergies has shut a major Saudi refinery after attacks, as Middle East disruptions force it to halt about 15% of its output.

Brussels, My Love?

Fragile ceasefire and energy system: How can Europeans cope?

The ceasefire reached in the Middle East is already at risk. Is there anything European consumers can to be safe from the instability?

Europe News

Trump issues NATO ultimatum to reopen Strait of Hormuz 'within days'

US President told NATO Secretary General Mark Rutte that NATO countries must work on a solution to resolve the crisis in the Strait of Hormuz immediately. Allies had originally committed to helping reopen the strait once hostilities had come to an end.

Business

'No return to normal': IMF warns of lasting damage from Iran war

The IMF is cutting its global growth forecast, preparing €42.9bn in emergency aid and warning that 45 million people face food insecurity.

Europe Today

'NATO not obliged to reopen the Strait,' Turkey's trade minister says

US President Trump has issued an ultimatum to NATO countries to find a solution to reopening the Strait of Hormuz within days. Turkey – which has the second-largest army in NATO – says the alliance is not obliged to intervene.

Markets

Stocks rise and oil prices gain as investors await ceasefire talks

Markets have remained positive, with oil prices edging slightly upward, coupled with gains for global equities ahead of the US-Iran talks in Islamabad on Saturday.

Europe Today

Vance heads to Pakistan for peace talks as Iran truce under strain

Tune in to Europe Today, Euronews' flagship morning programme at 8 am Brussels time. In just 20 minutes, we bring you up to speed on the biggest news of the day.

Climate

France is turning its back on fossil fuels – with a €240m plan

French Prime Minister Sébastian Lecornu says electrification is now a concern of ‘national interest’ and no longer just about climate change.

Germany

Germany resumes talks with Iran, Chancellor Friedrich Merz says

Merz also said that the continued Israeli military campaign in Lebanon could jeopardise peace talks expected between the United States and Iran over the war in the Middle East.

Lebanon

Israel's cabinet told 'to begin direct negotiations' with Lebanon

The statement from the prime minister's office comes on the same day that the Israeli military warned residents of Beirut's southern suburbs of imminent strikes and called for them to evacuate.

USA

Trump again berates NATO, calls it 'disappointing'

Trump's outrage at NATO allies over their failure to join the Iran war had prompted fears he would seek to pull the United States out of the nearly eight-decade-old alliance.

United Arab Emirates

UAE urges full compliance from Iran following ceasefire announcement

The UAE is seeking clarifications on the US-Iran ceasefire deal regarding attacks across the Gulf, as well as on the reopening of the Strait of Hormuz as a “central priority”, as Tehran's blockade continues despite its commitment to reopen the strait to free navigation.

Economy

Could billions in frozen Iranian assets help the US unlock a deal?

Ahead of US-Iran negotiations in Islamabad on Friday, a top demand from Tehran will likely be the unlocking of its frozen assets abroad. Trump will have to consider handing back the fortune he once locked away.

The Iran war refers to the ongoing military confrontation involving Iran, Israel and the United States, with fighting and tensions spreading across the region — stay up to date on the latest developments as the situation unfolds