Donald Trump said the United States will stop providing military aid to Israel by the end of the year, citing an agreement with Israeli Prime Minister Benjamin Netanyahu. In an interview with Fox, Trump said Israel was prosperous and did not need $4 billion in aid. He added that the United States would continue to help Israel if needed, and that the country could buy American weapons.
Separately, European Commission President Ursula von der Leyen said the closure of the Strait of Hormuz had cost the European Union an additional €127 billion in fossil-fuel imports, without bringing in any extra energy. Speaking at the WinWin Brussels Summit, she warned that dependence on imported oil and gas also exposes Europe to the shocks and crises associated with them.
Von der Leyen said the clean-energy transition was important for Europe’s climate, competitiveness and independence. She pointed to droughts, wildfires and floods, as well as the cost of reliance on fossil-fuel imports. She also reiterated the EU’s goal of becoming climate-neutral by 2050 and its commitment to cut European emissions by 90% by 2040.
She said more than €1.2 trillion had been invested in sustainable activities across the EU since 2021, adding that such investments require long-term certainty.
Sources: ANSA Economia.