Report says EU draws up tariff list last year but keeps it suspended until 6 February to avoid a transatlantic trade war

The European Union's aviation regulator on Friday recommended the bloc's airlines stay out of Iran's airspace, amid simmering tensions over Tehran's deadly crackdown on protests and U.S. threats of intervention.

European Union crude oil imports fell sharply in volume and value last year, while liquefied natural gas imports surged, reinforcing Europe’s growing dependence on LNG despite ongoing efforts to curb Russian energy revenues.

Bulgarians have begun withdrawing euros for the first time after joining the euro currency union, as its 21st member.