EU lets countries skip deficit rules for energy spending too, through 2028
The European Union limits how much extra debt member countries can take on each year.
#energy security
World ✳
Trump Says He Will Declare the Strait of Hormuz US Territory
President Donald Trump says he will declare the Strait of Hormuz, a narrow sea passage between Iran and the Arabian Peninsula, part of United States territory.
World ✳
Trump says record nine-month Navy deployment near Iran will continue
President Trump said the aircraft carrier USS Abraham Lincoln, which has spent a record nearly nine months at sea backing US operations against Iran, will keep deploying, dismissing concerns about sailors' mental health.
Czechia ✳
Cost of new Czech nuclear reactors nearly doubles to 700 billion crowns
Czechia's industry minister says the two new nuclear reactors being built at Dukovany by South Korea's KHNP will cost about 700 billion crowns, almost double the roughly 400 billion crowns the government announced in 2024.
World ✳
Tanker hears two explosions in Strait of Hormuz as reopening deal nears
An oil tanker near Oman reported hearing two explosions in the Strait of Hormuz, the narrow sea passage Gulf countries use to ship oil to world markets.
World ✳
Ukraine strikes nuclear fuel site as Russia hits Kyiv and Black Sea ports
Overnight, Ukraine reportedly tried to hit a spent nuclear fuel storage building at the Zaporizhzhia power plant, Europe's largest, which Russia has controlled since early in the war.
USA ✳
Senate Pushes Toward Final Vote on Russia Sanctions Bill as Fears Grow It Could Hit EU Allies
Since clearing its 86-12 procedural vote, the Sanctioning Russia Act of 2026 has been narrowed to cap tariffs at 100 percent on the top five Russian energy buyers. Twelve EU states, including Czechia, still import some Russian energy, and Democrats warn the tariff power Trump would gain never expires.
Analysis ✳
The chokepoint doctrine: from the Red Sea to Beijing's mineral valves, the world learns one rule
Whoever controls a supply chain's narrowest point now sets the price of everyone else's security. This week the pattern showed up in four regions at once.
World ✳
Iran vows 'full-scale' offensive as US strikes enter seventh night and hit civilian targets
Iran threatened to resume full-scale offensive operations and renewed strikes on Gulf states after a seventh consecutive night of US airstrikes, France 24 and Reuters reported.
World ✳
US hits Iran for a seventh straight night — strikes now reaching civilian infrastructure
For the seventh night running, US forces struck Iran as fighting over the Strait of Hormuz escalated. What is new is the target set: reporting now describes both sides hitting civilian infrastructure, raising the humanitarian and energy stakes of a conflict already parked on the world's most important oil chokepoint.
Analysis ✳
The security premium: why states, not markets, now set the price of everything
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.
Analysis ✳
The New Price of a Closed Chokepoint
From the Strait of Hormuz to Lockheed's expanding missile lines to Ukraine's battle-tested electricity grid, the world is converging on a single question: what does it cost when a chokepoint closes? The states that control energy corridors and arms production are quietly setting the answer.