The EU must be open to resuming Russian gas imports in the event of a peace deal being brokered to end the war in Ukraine, Austria has said — one of few countries in the bloc to openly float such an option. Brussels “must maintain the option to reassess the situation once the war has ended”, the Austrian energy ministry told the Financial Times.

U.S. President Donald Trump on Tuesday said Japan was being "tough" in trade talks and the European Union had not yet offered what he considered a fair deal, as a team led by Treasury Secretary Scott Bessent stayed at the G7 meeting in Canada to keep working on trade issues after Trump's abrupt early departure.