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The Latest Breaking News from European Union

Trump's turnaround on sanctions targets Russia's oil companies that fund the war in Ukraine

U.S. President Donald Trump has done a turnaround on sanctions against Russia, taking aim at Russia's two biggest oil companies and the billions of dollars they reap for Moscow's war against Ukraine

The Independent UK

Europe must go further and faster to break Russia’s war machine

THE INDEPENDENT VIEW: Editorial: Donald Trump’s sanctions on Russian oil are a welcome shift from a changeable president – but Ukraine needs its European allies to do much more to hit Putin where it hurts

The Independent UK

EU leaders fail to agree to use frozen Russian assets to defend Ukraine

Belgium derails proposal to use billions located in Brussels to fund €140bn loan to Ukraine for its war effort

The Guardian - UK

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US And EU Sanctions On Russian Oil And Gas: What Do We Know?

The United States on Wednesday hit Russia's two biggest oil producers -- Rosneft and Lukoil -- with sanctions, the first against Russia since US President Donald returned to office.

International Business Times

Could Europe’s last divided nation finally be unified, and what would it mean for travellers?

Exclusive: Simon Calder takes soundings from both sides of the ‘green line’ that cuts through the nation and its capital

The Independent UK

Putin says he will never bow to US but concedes sanctions may cause ‘some losses’

China and India likely to scale back Russian oil imports as Trump tries to bring an end to war in Ukraine

The Guardian - UK

Qatar and US warn EU law could threaten energy security as GECF ministers meet

Both countries called on the EU to either repeal the law entirely or remove its most economically damaging provisions, specifically citing articles on extraterritorial application and transition plans.

Euronews

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NY Cocoa Prices Gain on Supply Concerns

December ICE NY cocoa (CCZ25 ) today is up +61 (+0.97%), and December ICE London cocoa #7 (CAZ25 ) is down -7 (-0.15%). Cocoa prices are mixed today, with NY cocoa posting a 2.5-week high and London cocoa falling from a 3-week high. Supply concerns are supportive for cocoa prices...

Barchart

EU leaders endorse a plan to ensure that Europe can defend itself from outside attack by 2030

European Union leaders have endorsed a plan to ensure that Europe can defend itself against an outside attack by the end of the decade

The Independent UK

Crude Prices Soar as US and EU Ramp Up Sanctions on Russian Energy

December WTI crude oil (CLZ25 ) today is up +2.97 (+5.08%), and December RBOB gasoline (RBZ25 ) is up +0.0693 (+3.83%). Crude oil and gasoline prices are moving sharply higher today for a second day, with crude posting a 2-week high and gasoline posting a 3-week high. Crude prices soared...

Barchart

Sanctions on Russia have failed to stop the war so far – will Trump’s latest package be any different?

Donald Trump has finally decided to hit Russia with sanctions – the first package he has imposed since he came back to the White House in January.

The Conversation

Zelensky pushes EU to unlock €140bn in frozen Russian assets

Ukrainian president Volodymyr Zelensky on Thursday urged European leaders to quickly allow his country to use €140 billion in frozen Russian assets to repair the damage caused by the three-year war with Russia.

Radio France Internationale

France and Spain back 2035 diesel and petrol car ban, letter reveals

In a letter sent to EU leaders, Paris and Madrid state that the target must be kept, but ask for "made in Europe" incentives to help the struggling automotive industry.

Euronews

Will Russia back down from war after further EU and US sanctions?

Moscow has denied that the latest round of sanctions by the EU and the new strict measures by Washington will have any effect on its economy or its war strategy, signalling that Russia will not back down on its invasion of Ukraine or agree to a ceasefire.

Euronews

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Benzinga

China Slams Trump's Russia Sanctions, Kremlin Calls It 'An Act of War' As EU Unveils New Measures

China has voiced its opposition to the U.S. sanctions on Russia’s oil companies, emphasizing the need for sanctions to be in line with international law. Meanwhile, the European Union (EU) imposed fresh Russian sanctions on Thursday.

Euronews

EU produces 35.3kg of plastic packaging waste per person each year: Which country recycles the most?

In 2023, the EU generated 79.7 million tonnes of packaging waste in Europe, equivalent to 177.8kg per inhabitant.

Evening Standard

Giving less than 8% of fishing fund to Scotland deemed ‘ocean-going madness’

Scotland is set to receive £28 million from the £360 million UK-wide Fishing and Coastal Growth Fund.

The Independent UK

Which countries buy Russian oil – and what impact will sanctions have?

The Trump administration imposed sanctions after plans to hold a second summit on ending the war in Ukraine were abandoned

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Dot Esports

Euromat challenges Croatia’s gambling law changes

Will the changes happen?

The Independent UK

EU joins US in heaping more sanctions on Russia to push Putin into Ukraine peace talks

The European Union has imposed more economic sanctions on Russia, adding to measures by U.S. President Donald Trump against the Russian oil industry

Euronews

Brent surges as US sanctions suffocate Russian oil flows

Fresh US measures against Russian energy giants are tightening the seaborne supply of oil, pushing Brent higher as traders price in risk.

The Guardian - UK

EU has a plan to use frozen Russian assets to fund Ukraine – how will it work?

What are the legal implications, and why does Belgium fear being left alone with the bill?

The Guardian - UK

Latest EU sanctions against Russia target liquefied natural gas

Measures also add 117 shadow fleet vessels to list of those suspected of illegal oil shipments and banned from ports

The Independent UK

Voices: To stop the shameful small boats hokey-cokey, is it time to reboot the Rwanda plan?

COMMENT: Labour’s much-vaunted “One in, one out” migrant deal with France has become a humiliating farce. If it is ever to turn the tide on illegal Channel crossings, it may have to revisit the cancelled Tory plan – and go even further, says Mary Dejevsky

Radio France Internationale

Shadow fleet targeted as EU advances frozen assets plan for Ukraine

The European Union on Thursday agreed a new sanctions package targeting Russia’s “shadow fleet” of oil tankers and banning imports of Russian liquefied natural gas. The move comes as Ukrainian President Volodymyr Zelensky joins EU leaders at a summit in Brussels to push for more support against Russia’s invasion.

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