EU Debates Taming Energy Costs as Iran War Threatens Supply
Source: Bloomberg Politics · Bias: Center
Summary
European Union nations are discussing ways to curb energy prices boosted by the Middle East conflict, as concerns mount over their economic impact and increasing risks to supplies.
EU Debates Taming Energy Costs as Iran War Threatens Supply
Center
European Union nations are discussing ways to curb energy prices boosted by the Middle East conflict, as concerns mount over their economic impact and increasing risks to supplies.
A Fox News host uncorked a bizarre on-air tirade against Democratic Senate candidate James Talarico, calling him a "demon in human skin."Emily Compagno appeared to lose her composure on Friday's edition of "Outnumbered" while discussing Talarico, a 37-year-old state representative now in a statistical tie with embattled Republican nominee Ken Paxton. Compagno was reacting to a conservative PAC attack ad featuring Talarico calling the American flag a "complicated" symbol for many Americans."Every single voter [in Texas] needs to understand exactly who they would vote into office, which is an anti-business, anti-commerce, anti-capitalist, anti-Texas Texan," Compagno railed.She then escalated sharply."This person is a demon in human skin, and they need to make sure he does not go anywhere — to the nation's capital, where he can actually do some real damage other than his horrible words that he keeps spewing," she said.A Talarico spokesman responded that the campaign could confirm the candidate is "in fact a human, and not a demon in human skin."The outburst lands as the race tightens into a genuine toss-up. A New York Times/Siena survey released Monday found Paxton and Talarico deadlocked at 47 percent among likely voters, with Talarico leading 58-31 among independents and 61-29 among Hispanic voters.Paxton defeated four-term Sen. John Cornyn in a May 26 primary runoff after President Donald Trump threw his backing to the state's scandal-plagued attorney general. Paxton was impeached by the Texas House in 2023 before being acquitted by the state Senate, and he has faced years of criminal securities fraud allegations and accusations of abusing his office.Trump himself has appeared unsettled by Talarico's rise. In a Truth Social post after the runoff, the president refused to use the Democrat's name, instead branding him "Alfred E. Neuman" and "the worst TEXAS candidate I have ever seen."On "Outnumbered," Compagno added that Talarico's past remarks were "patently disqualifying for any American senator."Compagno on Talarico: This person is a demon in human skin pic.twitter.com/BM5nohCvxT— Acyn (@Acyn) July 3, 2026
Despite efforts by U.S. negotiators, Iran says it wants to charge a toll for ships to pass through the Strait of Hormuz. It's yet another unresolved issue of the U.S.-Iran war.
Iran’s Parliament Speaker Mohammad Bagher Qalibaf has warned of an Iranian response if the U.S. and Israel breach the interim peace deal, as Tehran prepares to bury its former supreme leader, Ayatollah Ali Khamenei. “We strongly demand full implementation of the agreements, and if the U.S. and the Zionist regime fail to fulfill their commitments, Iran…
Iran's entire regime made a red carpet entrance to the first of three funeral ceremonies for late Supreme Leader Ali Khamenei — except the dead ayatollah's own son and successor.
Trump administration officials reportedly believed that the Israeli government intended to assassinate Iran’s top negotiators—including the country’s foreign minister—during peace talks with the US in an effort to sabotage diplomatic progress.The New York Times reported Thursday that “American concerns about the targeting of two particular Iranian officials—Abbas Araghchi, Iran’s foreign minister, and Mohammad Bagher Ghalibaf, the speaker of the Parliament—spiked during delicate ceasefire negotiations that began in April.” In response, the US “went so far as to ask other countries in the region to warn Iran about the possibility Israel could target the two officials,” according to the Times, which cited unnamed current and former American officials.The US and Israel have killed dozens of top Iranian officials since launching their illegal joint war in late February. But the allied countries reportedly removed Araghchi and Ghalibaf from their target list in late March, opening the possibility of high-level negotiations to end the war.But Israel remained bent on targeting the negotiators, according to the Times, whose reporting was later corroborated by The Washington Post.The Times detailed one dramatic incident in April, when Ghalibaf was planning to travel to Pakistan’s capital to meet with US Vice President JD Vance:Pakistani fighter jets escorted the Iranian airplanes carrying a delegation of more than 70 Iranians from the border of Iran to Islamabad and back again when the session was over.But on the way back to Tehran, an Israeli security threat emerged.Iran’s security forces notified the plane carrying Mr. Ghalibaf back to Tehran that they had picked up intelligence that Israel planned to attack the plane and that two Israeli fighter jets had entered Iran’s airspace from its western border near Iraq, the two officials said.Mahdi Mohammadi, a senior adviser for Mr. Ghalibaf, who accompanied him to Islamabad, confirmed this account on his social media page. The plane made an emergency landing in the city of Mashhad, Iran’s closest airport to the Pakistani border, and the Iranian delegation traveled some eight hours by land back to Tehran, Mr. Mohammadi and the two officials said.The Post reported that “cracks emerged” between the US and Israeli approaches to the war following Israel’s assassination of top Iranian national security official Ali Larijani in March.“They’ve wiped out everybody,” Trump told reporters in late March, suggesting Israel’s assassination campaign was making it difficult to find potential negotiating partners.Trita Parsi, executive vice president of the Quincy Institute for Responsible Statecraft, wrote in response to the new reporting that “Israel is a state that, on paper, is a US partner, but in reality is so extreme in its obsession to undermine US diplomacy that it even tries to assassinate those the US engages with in crucial negotiations.”“I can’t recall a government as terrified of peace as the one running Israel,” Parsi added.At present, the Israeli government—led by Prime Minister Benjamin Netanyahu—is endangering tenuous US-Iran peace talks with its continued occupation of and assault on Lebanon, which Iran has highlighted as a key factor in the negotiations.Visiting occupied southern Lebanon earlier this week, Netanyahu declared to Israeli troops that “our insistence is that we will not leave... until the threat is removed.”Parsi wrote earlier this week that “beyond his long-standing desire to use American force to subjugate Iran to Israeli domination and achieve a regional balance favorable to Israel,” Netanyahu “now also has stark political and personal reasons to restart the war” with Iran.“The [US and Iran’s memorandum of understanding] has come at a steep political cost for Netanyahu,” wrote Parsi. “His prospects for reelection in October are weaker than they have been in months. Once seen as the Israeli leader uniquely capable of delivering President Trump, he now confronts the prospect that both the war and the ensuing diplomacy will leave Israel in a strategically weaker position—undermining the very case he has made for his leadership.”“And of course,” Parsi added, “if he loses the elections, he will likely spend the next few years in jail, as he will lose his immunity as prime minister and face trial over corruption charges.”The story was published in partnership with Common Dreams, read the original here.
In our July Fourth special broadcast, we revisit our interview with longtime technology reporter Karen Hao, author of Empire of AI, which unveils the accruing political and economic power of artificial intelligence companies — especially Sam Altman’s OpenAI. Her reporting uncovered the exploitation of workers in Kenya, attempts to take massive amounts of freshwater from communities in Chile, along with numerous accounts of the technology’s detrimental impact on the environment. “This is an extraordinary type of AI development that is causing a lot of social, labor and environmental harms,” says Hao in an extended interview.
