live Iran, U.S. make competing claims over control of Strait of Hormuz
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over t...
The United Kingdom and the European Union have agreed to a 12-year deal granting EU fishing vessels access to UK waters, in exchange for reduced border checks on British food exports to the EU, as leaders gathered in London for a major summit aimed at "resetting" post-Brexit relations.
The agreement was confirmed as UK Prime Minister Keir Starmer welcomed senior EU figures, including European Commission President Ursula von der Leyen and European Council President António Costa, to Lancaster House. The summit marks the highest-level engagement between the two sides since the UK formally left the EU in January 2020.
ALSO READ | What's in the UK-EU reset deal?
Key Points of the Agreement:
Political Reactions:
The fishing access deal sparked immediate backlash from opposition leaders and the fishing industry. Elspeth Macdonald, chief of the Scottish Fishermen’s Federation, called the outcome “a total capitulation to the EU,” warning it would severely limit the UK's leverage in future fisheries talks.
Tory leader Kemi Badenoch criticized the agreement, saying: “We’re becoming a rule-taker from Brussels once again.” Nigel Farage, leader of Reform UK, warned the deal could signal "the end of the fishing industry."
Despite this, the UK government defended the deal as a balanced compromise. Business Secretary Jonathan Reynolds rated it a “solid eight out of ten,” citing benefits for “jobs, bills, and borders,” and emphasized that “people will see and feel immediate benefits.”
Broader Context:
The summit reflects a changing political climate, with both sides seeking stability amid challenges such as Russia’s war in Ukraine and uncertainty over U.S. foreign policy under President Donald Trump. Closer UK-EU cooperation on security, trade, and mobility is seen as strategically beneficial for both.
EU diplomats confirmed the deal extends full reciprocal fishing access through June 30, 2038, and includes provisions for ongoing energy cooperation. Meanwhile, the UK announced a new £360 million coastal growth fund to support communities affected by fishing policy changes.
More details are expected at a joint press conference later today, with leaders from both sides emphasizing their commitment to rebuilding trust and pragmatic cooperation post-Brexit.
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of August, covering the latest developments.
Taiwan staged military defence drills on Wednesday as China concluded joint naval exercises with Indonesia in waters east of the island.
Washington’s counter-narcotics push is expanding as Colombia’s new conservative government backs deeper security cooperation.
Meta said it had removed more than 750,000 Facebook and Instagram accounts suspected of belonging to Australians under 16, as the country’s internet regulator weighs enforcement action over its teen social media ban.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
Russian President Vladimir Putin has used Pacific Fleet drills to criticise Japan, NATO and possible Western moves against Russian commercial ships. He made the comments during his first visit to Iturup, a Japan-claimed island at the end of the Kuril chain near the island of Hokkaido.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment