Strait of Hormuz:

Energy prices in Europe fall after Middle East ceasefire, but lower bills for consumers are expected to take several months to materialise.

A last-minute US and Iran ceasefire reopens the Strait of Hormuz, easing tensions while leaving uncertainties over its duration and impact.

The EU delays a proposal to ban Russian oil as market volatility and internal divisions complicate efforts to reduce energy dependence.

Europe resists US pressure to join a naval mission in the Strait of Hormuz, amid rising tensions and concerns over energy and security.

The escalating Iran war is raising concerns across Europe, with risks to energy supplies, economic stability and regional security.