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G7 releases record amount of oil stocks to 'calm the markets down'
BusinessAPReutersBBC+101bloombergNYTwsjFTle-mondewapoThe GuardianAl Jazeera+93 more1mo ago104 sources

G7 releases record amount of oil stocks to 'calm the markets down'

G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.

Serbia Awaits Formal Decision on EU Fund Freeze
PoliticsReutersBBCbloomberg+32FTThe Guardiantimes-ukyle-uutisetukrainska-pravdaaftonbladetberlingskesvenska-dagbladet+24 more3d ago35 sources

Serbia Awaits Formal Decision on EU Fund Freeze

Serbian officials, including the chief negotiator for EU accession and the Ambassador to the EU, state there is no formal decision yet to freeze EU funds for Serbia. They maintain that any potential impact on the budget would be neutral.

Watchdog Finds Five EU Governments Dismantling Rule of Law
PoliticsThe Guardiandigi241mo ago2 sources

Watchdog Finds Five EU Governments Dismantling Rule of Law

A leading European civil liberties group has released an exclusive report finding that five EU member states—Bulgaria, Croatia, Hungary, Italy, and Slovakia—are consistently and intentionally eroding the rule of law through regressive policies.