US Energy Secretary Wright: The impact on gasoline prices to last for weeks, not months
06.03.2026 12:33
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US Energy Secretary Wright: The impact on gasoline prices to last for weeks, not months
NEW: MP Joani Reid resigns the Labour whip after her husband was arrested on suspicion of spying for China.
She suggests “internal investigations” are now under way, but denies doing anything wrong.
FULL STATEMENT:
Alongside Canada, Australia is “championing efforts to build a bridge” between the EU and CPTPP trade blocs, Canadian PM, Mark Carney, told Australia’s parliament on Thursday.
www.bloomberg.com/news/article...
“Some people in the UK are always keen to fabricate facts and concoct so-called ‘espionage cases’ to maliciously slander China," said a Chinese Embassy spokesperson.
“We strongly condemn this and have lodged a solemn protest with the British side."
www.politico.eu/article/thre...
The Foreign Office's elite Great Britain-China Centre paid Asia House to host a two-day leadership conference for MPs' staff late last year.
publications.parliament.uk/pa/cm/cmsecr...
Think tank Asia House's Director of Policy & Programmes is reportedly one of those arrested by the Met Police today on suspicion of assisting Chinese intelligence services in the UK.
www.dailyrecord.co.uk/news/politic...
Three men have been arrested in London and Wales on suspicion of assisting Chinese intelligence services in the UK, the Metropolitan Police has said.
www.bbc.co.uk/news/article...
The British government should stop being "unnecessarily secretive" about its plans for closer relations with the EU and be much clearer about what it wants, the chair of the U.K. parliament's Foreign Affairs Committee has said.
NATO’S RUTTE SAYS THERE ARE ‘ABSOLUTELY NO PLANS’ FOR NATO TO BE INVOLVED IN IRAN CONFLICT
Crude oil prices leaped and the euro slumped against the U.S. dollar this morning as the world’s financial markets reacted to the prospect of an extended conflict around the Middle East.
The Trump administration is making the case that it ordered expansive, deadly strikes to stop an imminent threat from Tehran, but is providing no evidence Iran had such plans.
www.politico.com/news/2026/03...
Don’t look away: High-ranking federal election officials attended a summit last week at which prominent figures who worked to overturn Donald Trump’s loss in the 2020 election pressed the president to declare a national emergency to take over this year’s midterms. @dougbockclark.bsky.social
Just spoke to Mohamed Bin Zayed of the United Arab Emirates.
I conveyed our full support and extended our condolences following Iran’s strikes and the resulting casualties.
Europe strongly condemns these unjustifiable attacks.
China’s foreign ministry calls for immediate stop of military actions against Iran launched by US and Israel – Xinhua: ‘China is highly concerned […], said the spokesperson, adding Iran’s sovereignty, security and territorial integrity should be respected.’
More than two years ago, the European Commission restricted Chinese company Huawei from accessing the EU’s Horizon Europe research program.
But public data reviewed by POLITICO shows the tech giant is still involved in 16 projects.
🔗 www.politico.eu/article/huaw...
🔴 LIVE: The U.S. and Israel launched "major combat operations" against Iran early today.
Donald Trump said the strikes are intended to "raze their missile industry to the ground."
Follow reactions from Europe as the situation unfolds: www.politico.eu/article/us-i...
The recent Decision of the United States Supreme Court concerning TARIFFS could allow for Hundreds of Billions of Dollars to be returned to Countries and Companies that have been “ripping off” the United States of America for many years, and now, according to this Decision, could actually continue to do so, at an even increased level. I am sure that the Supreme Court did not have this in mind! It doesn’t make sense that Countries and Companies that took advantage of us for decades, receiving Billions and Billions of Dollars that they should not have been allowed to receive, would now be entitled to an undeserved “windfall,” the likes of which the World has never seen before, as a result of this highly disappointing, to say the least, ruling. Is a Rehearing or Readjudication of this case possible??? PRESIDENT DONALD J. TRUMP
Trump is alarmed about having to pay back taxes based on invalidated tariffs and wants the Supreme Court to redo the case. Doesn't want cash going back to companies he says are "ripping off" nation even though tariffs were largely paid by Americans.
Come on @alanbeattie.bsky.social , don't mince words, tell us what you really think...
Not long after President Donald Trump announced on social media he was imposing a 15% global tariff, U.S. Trade Representative Jamieson Greer was on the phone with his British counterpart.
The U.K.’s top negotiator, Peter Kyle, had a plea for Greer — and an offer.
www.politico.com/news/2026/02...
POLITICO Op-Ed: UK Chancellor Rachel Reeves & Swedish Finance Minister Elisabeth Svantesson.
Don’t believe Putin’s lies. Economic pressure is working
www.politico.eu/article/rach...
"It is time to reset the partnership between the European Union and the United Kingdom."
President Roberta Metsola (@president.europarl.europa.eu) speaking at our 2026 Security and Defence conference this week called for closer UK-EU ties post-Brexit⤵️
The U.K. backs a ban on maritime services for Russian oil shipments and could act alongside the European Union in a future crackdown even without U.S. support, a minister and a senior government official confirmed Wednesday.
www.politico.eu/article/uk-s...
America’s ambassadors in Europe are targeting just one person with their charm offensive:
Donald Trump.
Everyone else can expect little charm and plenty of offense.
U.K. Foreign Secretary Yvette Cooper will announce a critical minerals deal with Kazakhstan on Thursday as the West scrambles to diversify its supply chains away from China.
www.politico.eu/article/uk-s...
British Defence Minister Al Carns described the failure to agree U.K. entry into the EU's SAFE program as "self-defeating" for European security.
"If we look at Ukraine, one or two drones equates to about 20 rounds of artillery in lethality and accuracy."
Alistair Carns MP speaking today at our 2026 Security and Defence conference⤵️
The British government has launched a charm offensive to secure a place in the EU’s “Made in Europe” club.
France isn’t buying the pitch.
🔗 www.politico.eu/article/made...
UK business secretary urges EU to stop ‘putting up barriers’ ft.trib.al/dN7kmY3
‘Made in Europe’ row brings back Brexit’s bitter memories
www.politico.eu/article/made...
Trump sells his tariffs by arguing they will one day replace income taxes
In State of the Union speech, Trump brushes aside Supreme Court ruling and vows to push ahead with a new tariff regime under different federal authorities.
www.politico.com/live-updates...
