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Oil from seized Russian tanker to be sold to benefit Ukraine
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Oil from seized Russian tanker to be sold to benefit Ukraine

Sir Keir Starmer is considering a plan to sell sanctioned oil seized from a Russian shadow tanker to fund the war in Ukraine. The Telegraph reports ministers could auction about 100,000 tons of Russian crude on board the Smyrtos, which was stopped by Royal Marines in the Channel on June 14. Officials believe the oil legally belongs to the UK and could be sold for roughly £35 million, with proceeds potentially transferred to Ukraine or used to fund equipment sent to the front lines.

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France intercepts Russian “shadow fleet” oil tanker off Sicily
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France intercepts Russian “shadow fleet” oil tanker off Sicily

France’s navy boarded the crude tanker Deliver off the coast of Sicily on Tuesday, French President Emmanuel Macron said, citing concerns over its registration. The vessel, flying a Cameroonian flag while sailing from Russia’s Primorsk, is linked to Russia’s “shadow fleet,” used to get around Western sanctions. Macron said the operation is aimed at preventing Russia from financing its war via sanctions evasion.

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Greece moves to shield renewable energy producers from zero price power market penalties
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Greece moves to shield renewable energy producers from zero price power market penalties

Greece is introducing a legislative measure to protect renewable electricity producers from losses tied to “zero-price” periods in the wholesale market. Under the amended scheme, operators with Differential Increment Support Contracts (SEDP) will keep receiving operational support for power produced during hours when the day-ahead price is zero for more than two consecutive hours. However, support will be reduced or suspended only if negative prices occur for more than two consecutive hours. The change is set to apply retroactively from June 1, 2026.

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Ryanair “reluctantly” allows parents to sit with children for free
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Ryanair “reluctantly” allows parents to sit with children for free

Ryanair will let parents sit next to their children for free from Thursday after the UK Competition and Markets Authority (CMA) opened a probe into the airline’s prior “family seat” charge, which typically cost around £8 each way. Families can still choose to pay to reserve seats, but otherwise seats will be allocated so parents and children sit together without the fee.

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Eleven EU Countries Urge Delay of Methane Rules Citing Energy-Security Concerns
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Eleven EU Countries Urge Delay of Methane Rules Citing Energy-Security Concerns

Eleven EU member states are pressing the European Commission to postpone parts of the EU methane regulation, arguing that some requirements could tighten supply, raise costs, and create energy-security risks. Environmental groups and methane-rule supporters say delaying would undermine a proven, fast lever for cutting emissions and could reduce clarity for industry about compliance.

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