Germany is preparing fuel-tax cuts today, with Chancellor Friedrich Merz presenting them as a shield for households and companies against the Middle East war’s energy shock. EU economy commissioner Valdis Dombrovskis warned earlier this week that a prolonged conflict could curb growth and lift inflation after energy prices jumped. Donald Trump said yesterday that Iran had agreed to hand over its enriched uranium stockpile, shifting attention to whether any transfer can be verified under a UN inspection system.
UN chief Antonio Guterres urged Israel and Hezbollah to respect their ceasefire, while Hezbollah said it was keeping its “finger on the trigger” if Israel breached the truce. Syria announced a full withdrawal of US forces, and Emmanuel Macron warned that the Lebanon-Israel ceasefire could still come under threat. A Ukrainian drone strike yesterday set a fuel terminal ablaze at Russia’s Ust-Luga port near St Petersburg. It was the second fire at the Baltic export hub since March 25, raising the risk of higher shipping and insurance costs.
China this week approved its first brain-computer implant for paralysis, with early Shanghai clinical work showing some patients improved their ability to grip, hold and move the right hand. NASA’s Orion capsule splashed down off California yesterday, ending the 10-day Artemis II mission with Reid Wiseman, Victor Glover, Christina Koch and Jeremy Hansen aboard. They became the first crew in more than 50 years to fly around the Moon and return safely to Earth. The 2026 World Cup will run across the United States, Canada and Mexico in June and July, with the new 48-team format making it the biggest tournament in the event’s history.
Nearly 2,300 people have been killed in Israeli strikes on Lebanon, while Benjamin Netanyahu said Israel has not finished its campaign against Hezbollah. Donald Trump said no obstacles remain to a deal with Iran, and Iranian state TV said warships are forbidden from sailing through the Strait of Hormuz.