Oil prices plunge as U.S.-Iran hostilities pause
Oil prices have fallen more than six per cent as a pause in U.S.-Iran hostilities eased fears of wider supply disruption around the Gulf....
French President Emmanuel Macron has signaled that France is open to extending its nuclear deterrent to European allies, warning that Russia now poses a direct threat to the continent.
In a televised address, Macron outlined plans to increase defence spending while urging Europe to prepare for a world where U.S. security guarantees may no longer be reliable.
France and Britain are Europe’s only nuclear-armed nations, with France’s deterrent consisting of Rafale fighter jets and nuclear submarines capable of launching strikes at any time on presidential orders.
Macron said that while the final decision on nuclear weapons would remain solely in French hands, he is open to discussions about offering extended nuclear protection to European partners.
“Russia has become a threat to France and Europe. To watch and do nothing would be madness,” Macron said.
The remarks mark a major shift in France’s nuclear strategy, which has traditionally been independent of NATO. The policy dates back to Charles de Gaulle’s Cold War doctrine, which sought to position France as a nuclear power outside U.S. control.
Amid growing security concerns, Macron pledged to boost military spending, though he stopped short of providing exact figures. He ruled out tax hikes, suggesting that budget reallocations would be necessary to fund the increase.
"I want to believe the U.S. will remain at our side, but Europe must be ready if that is no longer the case."
His comments reflect mounting concerns among European leaders following Donald Trump’s decision to freeze military aid to Ukraine and question NATO’s collective defence commitments.
Macron’s speech comes ahead of a crucial EU summit on defence, where European leaders will discuss how to maintain support for Ukraine and strengthen their own security measures.
France and Britain are also working on a joint peace plan for Ukraine, which could be finalised within days and presented to Washington and Moscow as a potential diplomatic solution.
The plan aims to repair relations between Trump and Ukrainian President Volodymyr Zelenskiy after their tense Oval Office meeting last week, where Trump berated Zelenskiy for being ungrateful for U.S. aid.
Europe’s security landscape has changed dramatically since Russia’s full-scale invasion of Ukraine in 2022. With Trump’s unpredictability and fading U.S. involvement, European countries are scrambling to reassess their defence strategies.
While France’s nuclear deterrent has long been viewed as a national security asset, Macron’s willingness to extend protection to European allies signals a shift towards greater European military integration in response to Russia’s aggression and U.S. unpredictability.
Russian authorities said 11 people, including four children, had been killed by Ukraine in an overnight attack on a holiday camp, accusing Kyiv on Saturday of deliberately targeting civilians.
Iran will halt its own attacks as long as the United States maintains its pause on strikes, but Tehran remains sceptical of U.S. intentions, a senior Iranian source told on Sunday.
Italian Defence Minister Guido Crosetto recently offered the dismissed Ukraine’s Defence Minister, Mykhailo Federov an adviser role in Italy.
Marvel Studios used its return to San Diego Comic-Con to reveal several major projects, including a new Ghost Rider film starring Ryan Gosling and the long-awaited Black Panther 3.
U.S. President Donald Trump says Israeli Prime Minister Benjamin Netanyahu will visit Washington next week as tensions continue to rise across the Middle East.
Officials in Russia and Ukraine reported new civilian casualties on Monday after a series of air attacks hit cities on both sides of the war
Former South Korean president Yoon Suk Yeol has been given a suspended 18-month prison sentence after being found guilty of violating election law during his 2022 presidential campaign.
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French President Emmanuel Macron convened an interministerial crisis meeting on 26 July as wildfires spread across southwest France, with flames advancing to within 15 kilometres of the city of Bordeaux.
Israeli Prime Minister Benjamin Netanyahu has said he intends to travel to New York for the United Nations General Assembly this September, dismissing calls from the city's mayor that he should not be welcome.
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