Tehran has quietly agreed a €500m purchase of advanced missile systems from a major Eurasian state to rebuild air defences, with deliveries due by 2026. The kit can target aircraft and drones. Western officials warn it heightens regional risk and are weighing tougher measures.

After a 6-3 Supreme Court ruling voided his “liberation day” levies, Trump vowed a new 10% tariff on all imports and criticised the justices. He said he’ll recast the plan to comply with the law, pitching it as support for US industry and jobs.

Trump set a 10‑day deadline to decide on US military action against Iran, while reinforcing forces in the region. Tehran pressed for a deal to reduce tensions. Oil rose, and the UK voiced caution over allowing its bases to be used.

Christine Lagarde is poised to exit the ECB early, allowing Macron and Merz to agree her successor. The move, expected before the French election, is intended to steady policy direction and counter the risk that rising Eurosceptic sentiment disrupts the choice.