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Europe News

Top UN official warns of risk of widening war in the Middle East

With no Gaza ceasefire deal yet agreed, clashes between Israel and Hezbollah have raised the risk of all-out war in the Middle East.

Gaza

Mediators preparing to implement Gaza ceasefire, reports claim

A US official, who spoke to reporters on condition of anonymity, said the proposal basically bridges every gap between Israel and Hamas.

Markets

Oil and gold prices surge as tensions rise in the Middle East

Crude oil and gold prices surged due to escalating tensions in the Middle East and the ongoing conflict between Ukraine and Russia. While increasing demand for safe-haven assets is likely to sustain gold prices, the bullish momentum in oil markets may also persist due to concerns over undersupply.

Europe News

France, Germany and UK urge restraint in statement on Middle East

The joint statement comes as Israeli intelligence reports that Iran could attack Israeli within days, following the assassination of Hamas leader Ismail Haniyeh in Tehran.

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Markets

Crude oil rebounds amid rising demand and Middle East tensions

Crude oil prices saw a sharp rebound after hitting a six-month low on Wednesday. Rising demand and ongoing conflict in the Middle East are driving the price increase.

Europe News

Italy 'ready for any event' in Middle East, says foreign minister

The country's foreign ministry has warned Italians still in Lebanon that "those who can should return".

World News

Expert says response to last week assassinations may worsen tensions

According to Dr. Matthew Levitt, from The Washington Institute on Near East Policy, retaliation is almost certain.

Europe News

Why the EU will have to tread carefully with Iran's new president

Iran has a new reformist president — but the EU should not expect many changes in its relationship with Tehran.

My Europe Series

State of the Union: EU struggles for the right Middle East policy

The crisis in the Middle East, the Franco-German vision for the next mandate and the upcoming EU elections were among the key topics discussed around Brussels this week.

Markets

Oil market braces for OPEC decisions as crude prices climb

Crude prices are experiencing upward pressure ahead of the upcoming OPEC+ policy meeting. However, the long-term outlook for oil markets remains uncertain due to the ongoing imbalance between demand and supply.

My Europe Series

State of the Union: Europe's divisions over the Middle East

This edition of State of the Union focuses on the divisions within the EU over the Middle East, western hesitations to arm Ukraine, Moldova's growing ties with the EU and the release of a commemorative coin to remember D-Day.

World News

Spain, Ireland seen tipping balance of bloc towards Palestine recognit

EU countries have signalled mixed responses to recognising Palestinian state.

Travel News

The Taliban is working to attract tourists to Afghanistan

Tour companies are grappling with the country's treatment of women.

Markets

Markets rebound: Easing geopolitical tension brings recovery

European stock markets have bounced back after a three-week losing streak, bolstered by eased geopolitical tensions and robust corporate earnings. Meanwhile, Wall Street is also set for a positive week, with performance influenced by the outcomes of major tech company results.

World News

Israeli intelligence chief resigns over 7 October attack

The head of Israel's military intelligence directorate resigned on Monday over failure to stop Hamas' shock assault that sparked the war in Gaza.

France

Man detained after police operation at Iranian consulate in Paris

Police said they detained a man behaving suspiciously outside the Iranian embassy in Paris on Friday.

Europe News

Shipping firms plead for UN help amid escalating Middle East conflict

The world's shipping industry has called on the United Nations to provide military protection for vessels operating in the Middle East after the latest seizure of a container ship by Iran, although much commercial traffic between Asia and Europe has already been re-routed around Africa.

Economy

Could oil price surge derail the ECB's plans for a rate cut in June?

Latest developments in the Middle East raise concerns about a potential broader conflict and its global economic ramifications. Key worries for Europe include whether escalating energy prices might influence the European Central Bank's (ECB) decision-making regarding a planned rate cut in June.

Climate

Did cloud seeding really cause Dubai’s record rainfall and flooding?

Meteorologists and climate scientists said the extreme rainfall is akin to what the world expects with human-caused climate change.

Israel

Euroviews. For Israel, Iran's attack is an opportunity to not miss an opportunity

Saudi Arabia's recognition of Israel would put an end to historic tensions between Israel and much of the Arab world, paving the way for enhanced economic ties, security collaboration, and broader reconciliation with other Arab nations, Mati Gill writes.

Middle East