Politics

Prime Minister Rob Jetten has warned that Europe is being sidelined in Middle East diplomacy, urging the EU to take a more decisive stand in regional conflicts. Speaking ahead of a summit in Cyprus, Jetten proposed abolishing national vetoes to allow for faster collective action and called for stronger economic and military ties with neighbours like Lebanon and Syria. By providing more coordinated aid and building closer friendships, he believes Europe can help reduce regional tensions and better manage the resulting migration flows that directly impact the continent.

The European Union and the United States are set to sign a preliminary agreement this Friday to strengthen cooperation on critical minerals, which are essential for manufacturing products like smartphones and electric car batteries. Aimed at reducing a heavy global reliance on Chinese supplies, the deal between European Trade Commissioner Maroš Šefčovič and US Secretary of State Marco Rubio is expected to include incentives like minimum price guarantees. By supporting non-Chinese suppliers, the partnership seeks to secure more resilient supply chains for these vital raw materials.

ING expects the eurozone’s trade surplus to fall sharply this year because of the Middle East war and rising competition from China, with the bloc at risk of a sizeable trade deficit in 2026.

The Dutch cabinet wants to introduce cheaper off-peak train fares this summer, backing a €49 subscription proposal to boost public transport use.

ASML is joining forces with major European tech companies to push for stronger EU semiconductor policies, warning that Europe’s limited share of its sales is a “huge red flag.”

Protesters demonstrated outside the Senate in The Hague, urging senators to vote against proposed asylum laws. They cited criticism from official bodies and warned that the measures would be ineffective and inhumane. The chair of VluchtelingenWerk Nederland said asylum policy has become increasingly politicised.

The Party for the Animals says it was caught off guard by reports that it has been sidelined in The Hague’s minority coalition. Other coalition parties say trust has broken down over disagreements on relocating waste companies. The move comes amid parallel talks to form a new city coalition after recent elections.

Oil prices plunged by approximately 11% on Friday following the announcement that the Strait of Hormuz has reopened to commercial shipping. The strategic waterway, which carries 20% of the world's oil, had been largely closed by Iran during recent hostilities, causing significant market volatility. This de-escalation led US crude to fall to $83.30 and Brent crude to $87.90 a barrel, while European gas prices also dropped by nearly 8% as fears of a prolonged energy supply crisis began to fade.