Europe news

Europe news

While 41% of European aviation fuel goes through the strait of Hormuz, market analysts showed global shipments of jet fuel and kerosene fell below 2.3 million tonnes last week, the lowest level on record. The world uses about 100 million barrels of oil a day, most of it from oilfields, with about 15 million barrels a day typically passing through Hormuz.

Central banks are maintaining interest rates and borrowing costs steady despite rising energy bills and inflation pressures, which are squeezing businesses and households globally.

The five-member jury had previously announced in a statement that they would not consider any countries whose leaders are currently being charged by the International Criminal Court (ICC), a decision that would have directly impacted the inclusion of Russia and Israel.

The Philippine Institute of Volcanology and Seismology (Phivolcs) warned of a 'high level of magmatic activity,' with lava flows stretching several kilometers.

Data centres across the country swallow more than 20pc of the electricity on the grid, while the average use of data centres in other European countries is about 4pc.

The European Central Bank has kept interest rates on hold, despite inflation rising to an estimated 3.0% in April 2026, driven primarily by energy prices.

The price of Brent oil briefly reaches $119 per barrel as Iran continues to block traffic through the Strait of Hormuz amid a US blockade on its ports.

While Heathrow has temporarily absorbed demand from elsewhere, passenger numbers for the rest of the year are likely to be impacted whilst there is significant uncertainty in the Middle East.

Collecting and completing the official Panini Fifa World Cup Qatar 2022 album cost fans about 870. This year's World Cup in the United States, Canada and Mexico will present the biggest challenge yet, though, and will require a considerable amount of pocket money.