Global oil reserves fell by a record 200 million barrels in April amid Middle East conflict and supply disruptions, signaling tightening markets and potential price hikes.
Despite Ukraine's May 6 ceasefire proposal, Russia continued attacks on key regions, highlighting strategic tensions and contrasting conflict management approaches.
Germany is accelerating development of domestic long-range weapons after the US declined to deploy Tomahawk missiles, aiming to counter Russia’s Iskander threat and bolster European deterrence.
Iran launched missile and drone attacks on the UAE, marking a significant escalation since the US-Iran ceasefire, prompting condemnation and raising regional security concerns.
Germany’s energy firm Sefe will transfer an 84 MW gas power plant formerly serving Nord Stream to Ukraine as humanitarian aid, reflecting strategic asset shifts amid geopolitical tensions.
A drone crashed into a luxury residential building on Mosfilmovskaya Street, causing facade and window damage but no injuries, while Moscow air defenses intercepted two more drones.
Jean-Luc Mélenchon has confirmed his candidacy for France's 2027 presidential election, setting the stage for a pivotal left-right political contest in a post-Macron era.
The UK plans to join the EU's €90 billion loan program for Ukraine, enhancing financial support and defense industry collaboration amid ongoing conflict.
Iran has delivered a 14-point peace plan to the US outlining conditions to end the Middle East conflict, while Washington remains doubtful about the proposal's acceptance.
President Trump announces a significant reduction of US troops in Germany beyond prior figures, signaling a strategic reorientation of US military presence in Europe.
The ifo Institute warns that US tariff hikes on EU cars risk triggering a German recession in 2026 if the EU retaliates, threatening the country's vital automotive exports amid escalating trade tensions.
The Pentagon orders withdrawal of 5,000 US troops from Germany within a year, reflecting a strategic reassessment of American military presence in Europe.