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Senior British diplomats and MI6 reportedly warned the government against rushing sanctions on Israeli settlements, suggesting delaying action could avoid harming intelligence cooperation and domestic political repercussions ahead of Israel’s upcoming election, according to The Spectator.
German Chancellor Friedrich Merz gathers leaders from the Netherlands, Finland, Austria, Denmark and Sweden to push for hundreds of billions in cuts to the next seven-year EU budget, while António Costa tours the bloc courting compromises; the debate centers on shrinking the budget, reorienting spending from agriculture toward defense and security, and possibly funding reforms through new EU taxes or “own resources.” With no precise numbers yet, unanimity is required for any deal, and upcoming elections in Saxony-Anhalt and Sweden could influence leverage, as October compromise figures loom ahead of a year-end agreement.
Ukraine reportedly carried out a drone attack on the St. Petersburg Oil Terminal early July 4, with social-media posts showing smoke and fire; Kyiv Independent could not verify the claims and Russia said dozens of drones were shot down. The terminal is a major fuel storage/export hub on the Gulf of Finland with about 12.5 million tons of throughput annually, but the extent of damage is unclear as the story develops.