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Europe Today
Trump says adiós to Spain trade — should Madrid do the same to Trump?
Spain's Prime Minister Pedro Sánchez declared a firm "no to war" and blocked the US from using Spanish soil for its Iran operations. In response, US President Donald Trump threatened to cut off all trade with Spain. Let’s break down what is at stake.
Azerbaijan
Iranian drones strike Azerbaijan's Nakhchivan international airport
In a major escalation of the ongoing Iran war, Tehran's drones have targeted the passenger terminal of the airport in Azerbaijan's Nakhchivan and a school near the village of Shakarabad, close to the border with Iran. Tehran has since denied involvement in the incident.
Iran
Iran fires its biggest barrage on Qatar, targets UAE in latest strikes
The Iran war marked its sixth day with another round of strikes by Israel and Iran. Meanwhile, hundreds of ships have been stranded due to Tehran's threats to strike vessels in the Straight of Hormuz, affecting up to 20% of global oil trade.
Iran
Pentagon video shows US torpedo attack on Iranian warship
A US submarine sank an Iranian warship with a torpedo in the Indian Ocean off Sri Lanka, US Defense Secretary Pete Hegseth said. Sri Lanka’s navy recovered 87 bodies and rescued 32 sailors after the sinking of the vessel described as one of Iran’s “prize ships.”
Europe News
What are Europe's oil route alternatives to the Strait of Hormuz?
Many European countries like Italy, Greece, Spain, Poland and Belgium rely on the Strait of Hormuz for imports or refining. Experts say the closure of this corridor will not cut off Europe’s oil supply, but will continue to drive up oil prices and disrupt markets.
Business
Passage denied: Oil and gas swing wildly as Hormuz crisis drags on
Oil prices are climbing, albeit at a slower pace, as the US and Israel's war with Iran enters its fifth day, with little to ease concerns over the safety of the Strait of Hormuz — a vital artery for the global energy supply.
