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News & Analysis

May 26, 2026

The Iran Deal Is Almost Done. Europe Wants to Make Sure It Sticks.

Washington is closing in on a ceasefire deal with Tehran that could reopen the Strait of Hormuz. EU officials are not at the table — but they have clear demands, and a lot to lose if the deal is done wrong.

Business & Economy

May 26, 2026

Europe Opens the Subsidy Taps for the Iran War. Now Comes the Debate About What That Costs.

The European Commission has created a new emergency state aid framework to offset the Iran war's energy shock on farmers, haulers and heavy industry. The economics make sense. But critics warn it risks locking Europe into fossil dependence at the wrong moment.

News & Analysis

May 26, 2026

Russia Fires a Nuclear-Capable Missile at Ukraine. Europe Has a Response. It May Not Be Enough.

Russia fired a nuclear-capable Oreshnik missile at Ukraine in one of its biggest attacks of the war. EU officials called it ‘reckless nuclear brinkmanship’ — and promised more support. The harder question is what Europe can actually do.