The Latest Breaking News from European Union

After banning Russian oil in 2022, the EU proposes phasing out Russian gas and maximising profits from Russian assets.

China has approved some rare earth export licences, offering slight relief to strained global supply chains. Yet with shipments still down sharply and licensing opaque, Europe's auto sector remains exposed to Beijing’s strategic resource grip.

With a new financial ceiling of €100 billion for 2025, the European Investment Bank (EIB) aims to invest in defence, energy networks and technology.

The European Union has confirmed a ban on Chinese companies from participating in EU government tenders for medical devices exceeding €5 million – another piece in an ongoing tit-for-tat trade tensions between Brussels and Beijing.

European foreign ministers will hold nuclear talks with their Iranian counterpart on Friday, as President Donald Trump mulls the prospect of US involvement in the Iran-Israel war.

From Li-ion batteries and electric vehicles to drones and solar panels, nearly all clean technologies depend on critical raw materials, such as lithium, nickel and cobalt. As the demand for these technologies surges, so too does the demand for their components, placing immense pressure on supply chains.

Europe aims to use diplomacy to prevent an all-out war between Israel and Iran. On Friday, some of the continent's top diplomats are set to meet Iranian representatives in Geneva to de-escalate tensions.

Iran, UK, Germany, France and EU foreign policy chief meet in bid to avoid further escalation between Israel and Iran.

The Foreign Secretary is meeting Abbas Araghchi on Friday alongside counterparts from France, Germany and the EU, as the US backs away from conflict.

The European Union on Friday banned Chinese firms from government medical device purchases worth more than five million euros ($5.8 million) in retaliation for limits Beijing places on access to its own market.

Donald Trump offers Iran the chance to make a deal to end its nuclear programme before launching any US strikes, saying he would delay his final decision for up to two weeks