Good morning from Brussels. I\u2019m Mared Gwyn with your last Europe Today newsletter before we go on a short break. We\u2019ll be back next Tuesday.<\/p>\n
The EU\u2019s energy chief Dan J\u00f8rgensen has warned member states that energy prices could remain high even if a peace deal to end the war in Iran is struck swiftly, urging capitals to prepare for the \u201cpotentially prolonged disruption.”<\/p>\n
Euronews\u2019 Marta Pacheco reports<\/a> that EU countries may consider fuel rationing, remote work, and even \u201ccar-free Sundays\u201d\u2014 a measure from the 1970s energy crisis \u2014 to curb oil and gas demand, as prices have surged 70% and 50%, respectively.<\/p>\n The warnings from Brussels suggest an increasing sense of nervousness over the economic repercussions of the conflict, as the reality of the looming crisis sets in. Marta has this handy explainer<\/a> on the possible ramifications for Europe, and how countries are preparing.<\/p>\n Speaking to Europe Today earlier, Poland\u2019s Secretary of State for Energy Wojciech Wrochna said his country had already reined in prices by introducing a price cap and slashing fuel taxes, and said Brussels should give EU capitals \u201cflexibility\u201d to \u201cdrive the measures\u201d. Watch.<\/a><\/p>\n On Tuesday, US President Donald Trump said countries which had dismissed earlier US requests for support to re-open the Strait of Hormuz \u2013 and which now face potential jet fuel shortages \u2013 should \u201cbuild up some delayed courage, go to the Strait and just take it (the oil)\u201d.<\/p>\n It\u2019s awakening fears that the US could withdraw from the conflict without a settlement that would guarantee the safe re-opening of the Strait to international trade. Trump said overnight from the Oval Office that the war could end in \u201ctwo or three weeks\u201d and is due to address the nation with an update late on Wednesday.<\/p>\n Trump has also lashed out at France, despite heaping praise on the country for its position on the war in recent weeks, claiming Paris had prevented US planes headed to Israel with military supplies from flying over its territory.<\/p>\n \u201cFrance has been VERY UNHELPFUL with respect to the \u201cButcher of Iran,\u201d who has been successfully eliminated! The U.S.A. will REMEMBER!!!\u201d Trump wrote on Truth Social.<\/p>\n French President Emmanuel Macron\u2019s office said in a statement that it was \u201csurprised\u201d by the US President\u2019s remarks, but insisted that the decision was in line with \u201cthe French position since the start of this conflict\u201d. Since early March, the French armed forces have said it would only authorise the use of US bases on French territory for defensive purposes.<\/p>\n Speaking from Japan earlier today, Macron hailed Europe\u2019s \u201cpredictability\u201d despite its perceived \u201cslowness\u201d, criticising countries which may go faster but could \u201churt you without even informing you\u201d, in an apparent jab at the Trump administration.<\/p>\n Secretary of State Marco Rubio told Fox News last night that the US will need to “examine” its relationship with NATO in the aftermath of the war, amid signs that the existing fractures between Washington and other allies have deepened dramatically since the start of the Iran conflict.<\/p>\n Meanwhile, EU foreign ministers held symbolic talks in Ukraine on Tuesday as they scramble to keep attention on the war-torn country amid the conflict in the Middle East, which risks out draining out military stockpiles and fueling Moscow\u2019s warchest as countries look for alternatives amid global oil and gas disruption.<\/p>\n Speaking to Europe Today from Kyiv, Romanian Foreign Minister Oana \u021aoiu said the relationship between Ukraine and the EU is a \u201cgood\u201d and \u201cstrong partnership\u201d, despite President Zelenskyy recently drumming a series of deals with Gulf countries amid uncertainty over Western support.<\/p>\n With the EU\u2019s pivotal \u20ac90 billion loan for Ukraine still in deadlock due to Hungary\u2019s veto, \u021aoiu said that the EU needs \u201cbetter instruments\u201d to enable \u201cfaster decisions\u201d on foreign policy.<\/p>\n Kallas insists Russian assets are an option if Orb\u00e1n doesn’t lift veto on Ukraine loan<\/p>\n Using Russia\u2019s frozen assets to finance Ukraine remains an option if Viktor Orb\u00e1n refuses to lift his veto on the \u20ac90 billion loan after the 12 April elections, EU High Representative Kaja Kallas said on Tuesday, Jorge Liboreiro reports.<\/p>\n Orb\u00e1n has blocked the financial lifeline over an unrelated dispute with Kyiv regarding the Druzhba oil pipeline, after initially giving his political blessing to the loan in December when he, along with the Czech and Slovakian leaders, negotiated an exemption from any loan payments.<\/p>\n Kallas pointed out that the loan was a compromise deal when leaders failed to agree on leveraging Russian state assets immobilised within the EU due to scepticism led by Belgium, where a vast majority of the assets are held. Crucially, she said the assets should remain an option on the table if the loan continues to be blocked.<\/p>\n “Plan A was the use of frozen assets. So, we should also keep in mind that if plan B does not work, let’s go back to plan A, but we definitely need to deliver Ukraine the financing that they need to resist the Russian aggression,” Kallas said.<\/p>\n Standing alongside Kallas, Ukrainian Foreign Minister Andrii Sybiha echoed the message, saying the immobilised assets are “not off the table” and “cannot be taken off the agenda until and unless Russia pays all the reparations”.<\/p>\n Jorge has more.<\/a><\/p>\n Frustration with Hungary mounts after leaked call shows foreign minister discussing EU sanctions removal with Russian counterpart<\/p>\n An explosive investigation released Tuesday by a group of European outlets showing the extent of the Hungarian Foreign Minister\u2019s coordination with Moscow is exacerbating frustration in Brussels with the Orb\u00e1n-led government.<\/p>\n The investigation includes a recording of a 2024 phone call between Hungarian Foreign Minister P\u00e9ter Szijj\u00e1rt\u00f3 and his Russian counterpart, Sergey Lavrov, in which Szijj\u00e1rt\u00f3 offered to lobby to remove a Russian oligarch\u2019s sister from EU sanctions at Lavrov\u2019s request.<\/p>\n “I am calling at the request of Alisher, and he just asked me to remind you that you were doing something about his sister,” Lavrov told Szijj\u00e1rt\u00f3, referring to Russian oligarch Alisher Usmanov and his sister Gulbahor Ismailova.<\/p>\n The Hungarian minister responds by saying that “together with the Slovaks, we are submitting a proposal to the European Union to delist her.”<\/p>\n Asked about the investigation in a press conference in Kyiv on Tuesday, the EU\u2019s foreign policy chief, Kaja Kallas said: \u201cEuropean ministers should work for Europe not for Russia.\u201d<\/p>\n Speaking beside Kallas, Ukraine\u2019s Foreign Minister Andrii Sybiha\u200e called for a \u201cproper reaction\u201d from the EU.<\/p>\n Our correspondent S\u00e1ndor Zsiros writes that the scandal has emerged as Hungary prepares for parliamentary elections on 12 April, with foreign interference and the government\u2019s close ties to Moscow among the key campaign issues.<\/p>\n Szijj\u00e1rt\u00f3 has defended his actions, arguing that speaking with Russian officials before and after such meetings is part of routine diplomatic practice.<\/p>\n S\u00e1ndor has more on the allegations<\/a>.<\/p>\n More from our newsrooms<\/p>\n Should you book holiday flights now considering jet fuel price spikes? Jet fuel prices have more than doubled in recent weeks amid the ongoing Iran war. Airlines have responded with fare increases and temporary surcharges, so should you secure tickets now or wait? Quirino Mealha has the answers<\/a>.<\/p>\n US wrong to negotiate, Iranian regime ‘not trustworthy,’ Iranian opposition leader says. Speaking to Euronews, the exiled leader of the Kurdish Iranian opposition said that no one in the Iranian regime was \u201ctrustworthy\u201d, downplaying claims from the US administration that Iranian officials were “reasonable\u201d negotiators. Maria Tadeo and Estelle Nilsson-Julienhave more<\/a>.<\/p>\n We’re also keeping an eye on<\/p>\n US President Donald Trump to address the nation on the Iran war at 21.00 local time. The address will take place in the early hours in Europe (03.00 in Brussels).<\/p>\n That\u2019s it for today. Marta Pacheco, Jorge Liboreiro and Sandor Zsiros contributed to this newsletter.<\/p>\n