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Oil, arms, code: three markets, one week, one rule. Security is no longer a cost you insure against; it is the thing you buy. And the entity underwriting it is the state.
Energy chokepoints, arms production lines and the raising of armies now price the same commodity: risk. This week made the single market visible.
Sofia's single objection to blacklisting Patriarch Kirill still holds the entire 21st sanctions package hostage to EU unanimity rules. Meanwhile, two separate legal acts — targeting cyberattacks and the torture of Ukrainian POWs — have gone through on qualified majority, exposing the two-speed machinery of EU sanctions.
A week ago the question was whether Graham's signature Russia bill could survive without him. The answer is arriving fast: Trump and Thune have taken it up as a memorial, and a Graham will keep sitting in the Senate.
Volodymyr Zelensky's cabinet reshuffle was already reshaping Kyiv's wartime strategy. Then Lindsey Graham, the sanctions bill's chief architect in the Senate, died hours after his last visit to the Ukrainian capital.
Days after NATO's Ankara summit produced a wave of arms orders, Washington added the biggest item yet: licenses letting Ukraine build its own Patriot interceptors. The catch is that the same week produced the opposite signal too — a troop drawdown and a six-month Pentagon review. The order book only holds if Trump's mood does.
President Maia Sandu has nominated pro-European businessman Vasile Tofan to become Moldova's next prime minister, tasking him with reviving a stalled economy and pushing the country's EU accession bid forward after Alexandru Munteanu quit amid scandal.
Senator Lindsey Graham says the White House has agreed to a version of his Russia sanctions bill, clearing the way for a Senate vote and threatening 500 percent tariffs on countries that keep buying Russian energy. The announcement lands the same week Turkey's foreign minister says Washington is moving to lift its own sanctions on Ankara — a reminder that in this administration, sanctions are less a fixed wall than a lever.
All 27 member states have agreed to open cluster six of EU accession talks with Ukraine and Moldova on 14 July, covering foreign, security and defence policy. Four clusters remain blocked, and Budapest is already warning against a 'fast-tracked' timeline.
Iran answered a second wave of US strikes by firing missiles at Bahrain, Qatar, Kuwait and Jordan — all hosts to American forces — while shipping through the Strait of Hormuz halted and Israel warned of an Iranian plot against Trump.
Iran says it struck US military targets in the Gulf as Khamenei was finally laid to rest in Mashhad, four months after the airstrike that killed him. The burial, long delayed, now coincides with the truce's collapse.
Czech President Petr Pavel has published the results of his annual preventive check-up at Prague's Central Military Hospital: fit for office "without exceptions", with a doctor's advice to watch his cholesterol. Mara Whitlock on why a routine lab result is a political document.