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The Latest Breaking News from Ukraine

April WTI crude oil (CLJ26 ) today is up +8.84 (+10.13%), and April RBOB gasoline (RBJ26 ) is up +0.1341 (+4.81%). Energy prices are sharply higher today on comments from Iran's Supreme Leader Ayatollah Mojtaba Khamenei, who said that Iran's leverage of closing the Strait of Hormuz should be used...

Barchart

Iran War Triggers 400M Barrel Oil Release as Europe Fears Ukraine-Style Inflation

Europe is racing to prevent a new inflation shock after the Iran conflict rattled energy markets, with a historic 400-million-barrel oil release aimed at stabilising prices.

International Business Times UK

EU asks Ukraine to allow inspection to oversee damaged Druzhba pipeline

As the Hungarian veto on the €90 billion loan for Ukraine drags on, the European Commission has formally proposed an inspection to check the damage on the Druzhba pipeline at the core of the dispute.

Euronews

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Venice Biennale risks losing EU funding over planned Russia involvement

European Commission says it will suspend €2m grant if organisers of arts festival go ahead with proposals

The Guardian - UK

Russia earned €6bn from fossil fuel exports since start of Iran war, data suggests

Figures from thinktank show Russia received extra €672m in revenues from oil, gas and coal during March so far

The Guardian - UK

Russia blames UK for deadly Storm Shadow missile strike on munitions factory

Ukraine said it used British missiles in a strike on a factory making essential parts for long distance weapons

The Independent UK

Zelenskyy says Ukraine awaits White House sign-off on US drone production deal

Ukrainian President Volodymyr Zelenskyy says he is awaiting White House approval for a major drone production agreement proposed by Kyiv last year

The Independent UK

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Russia convicts 19 people over Moscow concert hall attack that killed 149

All 19 defendants received lengthy prison terms over the deadly 2024 shooting at Crocus City Hall

The Independent UK

Hungary’s Orbán claims Ukrainians ‘threatened’ his family as election campaign ramps up

Prime minister makes claim as accusations mount that he is using row with Ukraine for political gain in run-up to elections

The Guardian - UK

Newsletter: Oil prices spiral despite historic reserve release

Also in this newsletter: European Commissioner for the Economy Valdis Dombrovskis tells Europe Today that a prolonged and escalating war in the Middle East could mean a 'stagflationary shock' for Europe.

Euronews

Europe's civil shelters are crumbling. Brussels can't do much about it

Civil shelter networks across Europe are neglected. Inspections after a drone strike near a British base in Cyprus found many shelters unusable, reigniting the debate over civil protection and the EU’s limited role.

Euronews

Ukraine supporters oppose easing of Russia sanctions

Numerous lawmakers, including some Republicans, are outraged about the Trump administration’s easing of sanctions on Russian oil exports, amid reports that Moscow is helping Iran target U.S. troops in the Middle East. Treasury Secretary Scott Bessent, looking to ease a supply crisis caused by the Iran war that has driven…

Roll Call

Europe Today: EU Commissioner Dombrovskis weighs in on Iran war and Ukraine

Tune in to Euronews' new 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.

Euronews

Ukraine-Russia war latest: Europe condemns Trump’s oil sanctions move as Zelensky bemoans Middle East conflict

Zelensky says Trump’s move could net Moscow as much as $10bn to support Putin’s war on Ukraine

The Independent UK

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The Guardian - AU

Ukraine war briefing: row between Kyiv and Hungary over pipeline carrying Russian oil deepens

Budapest said it had dispatched a delegation for talks, only for Kyiv to deny the group had official status; Ukraine drone experts work in the Gulf. What we know on day 1,478

AAP

'We don't support that': Paralympians on Russia protest

A pair of Paralympians are under investigation for protesting against Russia, while Ukraine has made claims of mistreatment at the Milan-Cortina Games.

Barchart

Crude Prices Rally Despite IEA Stockpile Release

April WTI crude oil (CLJ26 ) is up +4.62 (+5.54%), and April RBOB gasoline (RBJ26 ) is up +0.14379 (+5.60%). April WTI crude oil on Monday spiked up to a 3.75-year nearest-futures high of $119.48 but has since fallen back to the $87-per-barrel area. Crude oil prices spiked higher to...

International Business Times UK

World War 3 Fears: Expert Issues Chilling Warning That World Is 'Inching Closer' to WW3

Noah Smith warns the world may be edging closer to World War III amid fallout from the Iran War and rising tensions between China and Taiwan, likening current risks to conditions seen in the 1930s. He notes advances in artificial intelligence and drones are changing how wars are fought, and suggests…

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Euronews

Hungary sends fact-finding mission over Druzhba pipeline as Kyiv refuses to recognise delegation

A Hungarian government delegation has entered Ukraine to assess the Druzhba pipeline, damaged in a Russian drone strike in January. Ukraine refuses to recognize the delegation and has described its members as “tourists.”

The Independent UK

Largest-ever emergency oil release approved to address Iran war crisis and global supply fears

It’s a larger stock than the 182.7 million barrels that were released in 2022 in response to Russia’s full-scale invasion of Ukraine

The Guardian - UK

Ukraine accuses IPC of ‘systemic pressure’ and pro-Russian bias at Winter Paralympics

Team Ukraine have launched a stinging attack on the International Paralympic Committee and Winter Paralympics organisers, claiming they have been under ‘systemic pressure’ to reduce their presence at the Games

The Guardian - UK

Nigel Farage says Iran ‘bigger danger than Putin’ in New Statesman interview

Reform UK leader supported US war on Iran from start, but is now being accused of a U-turn

Euronews

As Iran war reaches Europe's borders, can the continent really rest easy?

As the Iran war escalates, European cities are now within range of Tehran's arsenal. We asked NATO how it would defend against a strike, and an expert on political violence what other methods Iran could use to target Europeans.

The Independent UK

Roman Abramovich legal battle with UK government over funds from Chelsea sale takes fresh twist

Roman Abramovich sold Chelsea Football Club in 2022 following Russia’s invasion of Ukraine

Euronews

Fact check: Has Ukraine just legalised same-sex marriage?

A Supreme Court ruling in Ukraine recognising a same-sex couple as a "de facto" family unit has sparked confusion online.

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