Author: staff
A third government official said the hope is that consumers are protected for a while because Britain’s energy price cap — a limit on the amount suppliers can charge for each unit of gas and electricity — is locked in for the next three months. But they acknowledged there would be pressure to replicate several support schemes drawn up after Russia’s invasion of Ukraine, even as they cautioned that the need for such a move is a long way off. Treasury Minister Lucy Rigby met insurance firm Lloyds of London Wednesday to discuss how the sector is being affected. A…
QatarEnergy declared force majeure on Wednesday, sending shockwaves through global markets as the economic impact of the conflict with Iran widens. This legal clause is used when a company cannot meet its contractual obligations due to circumstances beyond its control. The announcement came just two days after two of the company’s liquefied natural gas (LNG) facilities were attacked, forcing a pause in production. Tensions remain high in the Gulf region on the fifth day of the conflict, which began when the United States and Israel launched strikes on Iran on Saturday. ‘Flagrant violation’ of sovereignty Qatar’s Ministry of Defence reported…
“I categorically deny this,” Albares said in an interview on Spain’s Cadena Ser radio network. “Spain’s position on the war in the Middle East, on the attack on Iran, on the use of our bases, has not changed.” The White House claim came hours after Spanish Prime Minister Pedro Sánchez delivered a televised address emphatically condemning the U.S. and Israel’s attack on Iran, in which he also affirmed Spain had said “no to war.” Albares said Madrid’s commitment to staying out of “a military operation that is being carried out in violation of international law” is unwavering. “There is an…
Published on 04/03/2026 – 20:30 GMT+1 A spiralling conflict has erupted in the Middle East, risking major regional spill-over and dragging in European Union countries. The war is exposing the deep fault lines separating EU leaders, with Spain the only country to publicly condemn the US and Israel’s initial attack on Iran. US President Donald Trump has reacted by threatening to sever all trade ties with Madrid. Despite not being consulted in advance on the military intervention, several European nations are moving to provide defensive support to their allies, while Cyprus, an EU member state, has been impacted by an…
The border crossings between Syria and Lebanon have witnessed an unprecedented reverse exodus, with tens of thousands of Syrians returning to their country to escape the ongoing Israeli military escalation on Lebanese territory. This new wave comes amid deteriorating security conditions and growing fears of a widening conflict, prompting families to voluntarily leave their places of residence in Lebanon in search of relative stability inside Syria. The General Authority for Syrian Ports and Customs revealed in its official statements that the Jdeidet Yabous in the Damascus countryside and Jussiya near Homs received about 11,000 travellers from Lebanon on Monday, the…
Spain is a member of the European Union, a 27-country bloc that operates a common trade policy, so any attempt to single out Madrid would create friction with other member states, like Germany, France and Italy. 23 HRS ago 5 mins read
By Euronews Published on 04/03/2026 – 18:51 GMT+1 A US submarine torpedoed an Iranian warship in the Indian Ocean off the coast of Sri Lanka, US Defence Secretary Pete Hegseth said on Wednesday. “Yesterday, in the Indian Ocean…an American submarine sunk an Iranian warship that thought it was safe in international waters. Instead, it was sunk by a torpedo,” Hegseth said at a Pentagon briefing. It is “the first sinking of an enemy ship by a torpedo since World War II,” he added. “Like in that war, back when we were still the War Department, we are fighting to win.” Sri…
According to a recent poll carried out by the state-run Center for Sociological Research, three-quarters of all Spaniards admitted to having a “very bad” opinion of Trump, and 8 out of 10 considered him as posing a threat to world peace. Sánchez may be hoping to seize on a popularity “Trump-bump” similar to the one benefiting another center-left EU leader, Denmark’s Mette Frederiksen. Her Social Democrats suffered a crushing defeat in municipal elections last year, but since January the prime minister’s party has soared in the polls as a result of her vehement opposition to Trump’s threats to annex Greenland. In France, the global tensions are also giving the French president a new lease on political…
Pedro Sánchez knows exactly what he is doing. By defying Donald Trump and doubling down on his bras de fer with the US president, the Spanish prime minister consolidates a two-fold strategy. On the one hand, he seeks to mobilize his progressive electorate domestically, resuscitating a “no to war” movement which resonated strongly with Spanish voters during the US-led war against Iraq in 2003. Sánchez is also hoping for a moment akin to that of Dominique de Villepin: a Cassandra warning against an unjustified war that will bring disastrous consequences. Only now it’s Iran. In doing so, he aims to…
Updated: 04/03/2026 – 18:00 GMT+1 Catch up with the most important stories from around Europe and beyond this March 4th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel. … More