According to Trump, European countries, at his bidding, agree to release a “massive amount” of diesel reserves as fuel prices continue to soar worldwide, the American president blaming Ukraine for the supply shortage. EU stockpiles dwarf those of the US (as do China’s) because the bloc requires members maintain a ninety-day emergency contingency, and the energy shock was blunted by Beijing’s decision to tap its reserves rather than buying on the open market and further tightening the stocks and driving up prices even further.
The reasons behind this magnanimity remain unclear but EU should at minimum leverage their decision with a demand for ending tariffs or be consulted before casting the world into chaos—or perhaps it’s just like the potash from Belarus deal. Houthi rebels clash with Yemeni forces in Sanaa as the struggle for control of the country escalates. Iraq is granted an exemption to US sanctions on Iranian air carriers and allowed to administer a limited number of flights between Najaf and Tehran. The supreme court of Israel unanimously overturns the earlier decision by the country’s central elections commission to exclude Arabic parties from the upcoming parliamentary vote.