Brussels is seeking a “Farage clause” in a Brexit reset: any new UK–EU pact would include a financial penalty if a future government withdraws, including under pressure from Reform. The aim is a durable framework for trade and cooperation, reducing the scope for repeated renegotiation.

Iran has intensified its response to widespread unrest, alleging some protesters act for foreign interests. Authorities have imposed an internet blackout, expanded arrests and warned of severe penalties, as officials seek to reassert control and deter further demonstrations.

Downing Street plans a reset with Brussels that sidesteps financial services. City firms, citing post‑Brexit reforms and the scale of the UK market, resist closer alignment and prefer domestic rule‑making. Some warn uncertainty could grow, while ministers aim to deepen cooperation in other areas.

Washington has seized a tanker and said it will control Venezuelan crude exports indefinitely, channelling revenues via US‑managed accounts. The move challenges Opec+ authority, aims to reshape oil flows and prices, and raises compliance risks for traders and firms dealing in Venezuelan barrels.