World
Newsletter: G7 ministers to hold talks on war’s economic fallout
Good morning and welcome to Monday – I’m Mared Gwyn.
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Criticism has poured in from all corners of the world after Israeli police stopped the heads of the Catholic Church in Jerusalem from entering the Holy Sepulchre on Palm Sunday, preventing them from privately celebrating mass in what the Latin Patriarchate has said is a first in “centuries”. We have more in our top story below.
But first, G7 crisis talks: G7 energy and finance ministers as well as central bank governors will hold urgent online talks later today amid fears that the economic fallout of the war in Iran is about to hit a tipping point – with another release of strategic oil reserves under consideration.
The US’s European and Asian allies are most vulnerable to the looming economic shock, putting added stress on the fraught Group of Seven. Tensions brimmed to the surface when G7 foreign ministers met in France last week, with US Secretary of State Marco Rubio clashing with the EU’s foreign policy chief Kaja Kallas when she asked when US “patience” with the Kremlin would run out, according to an Axios scoop.
European markets opened lower on Monday, with futures pointing to declines across major indices.
With oil and gas prices already spiralling, there is now fear that a protracted conflict could upend global supply chains as key commodities including fertilisers are trapped in the Strait of Hormuz, the critical waterway which has been effectively closed since the conflict broke out a month ago.
Signs of inflationary pressure and soaring borrowing costs are now making the looming crisis hard to ignore for the G7, which is yet to jointly introduce radical measures to cushion the impact on their economies beyond the release of strategic oil reserves. Several developing countries are already rationing fuel and subsidising energy costs.
My colleague Marta Pacheco reports that EU energy ministers are mulling a cap on oil prices or taxing the windfall profits of energy companies to rein in prices ahead of a virtual meeting tomorrow, Tuesday. Officials in Brussels acknowledge that while the crisis is not yet as acute as that of 2022 in the wake of Russia’s invasion of Ukraine, there is more limited “financial manoeuvring room” this time. Marta has the details.
Marta also reports that agriculture ministers gather in Brussels today, with France leading calls for swift action to tackle insecurity in Europe’s fertiliser market by easing measures tied to the EU’s carbon border rules. Fertilisers are essential to food production and EU farmers are already hit by soaring prices since the EU banned these chemicals from Belarus and Russia in July 2025.
Paris wants the bloc to temporarily suspend the bloc’s Carbon Border Adjustment Mechanism – a pricing tool based on carbon emissions with which importers need to comply – on fertilisers and ammonia with retroactive effect from 1 January 2026.
An EU official told Marta that, should a suspension not get adequate political support, Paris could table a workaround which would involve compensating farmers using existing EU budget resources to cushion the impact of higher fertiliser costs.
France is also pressing the European Commission to accelerate work on a long-promised “European Fertilizer Sovereignty Plan” – a sign that concerns extend beyond short-term relief to the bloc’s long-term strategic autonomy.
Meanwhile, in the Middle East: The situation remains on a knife edge, with no warring party represented in talks on de-escalation between the top diplomats of Pakistan, Turkey, Saudi Arabia and Egypt in Islamabad on Sunday.
Discussions explored ways to reopen the Strait of Hormuz including introducing toll-like systems similar to the Suez Canal, Reuters reported, while broader diplomacy aims at a ceasefire and stabilising oil flows disrupted by the conflict. The mediators also contemplated the 15-point plan President Trump has passed on to Iran through Islamabad.
Yet, Trump has told the Financial Times in an interview that his preference is to “take the oil in Iran” by seizing the Iranian export hub of Kharg Island, all the while insisting that he is “pretty sure” that Iran will strike a deal.
The Washington Post meanwhile reports this morning that the Pentagon is preparing for a possible ground invasion into Iran. The Iranian parliament speaker accused the US yesterday of plotting a ground invasion in secret while publicly signalling appetite for talks, warning Tehran is waiting to “rain fire” on any American soldiers who enter its territory.
Outrage after Israeli police block Latin Patriarch from Palm Sunday mass
World leaders have voiced deep concern after Israeli police prevented the head of the Catholic Church in Jerusalem, Cardinal Pierbattista Pizzaballa, from entering the Church of the Holy Sepulchre for Palm Sunday mass, with the Vatican and Italy convening their Israeli ambassadors in response.
Both Cardinal Pizzaballa and the Custos of the Holy Land Father Francesco Ielpo were turned away by authorities in an incident the Latin Patriarchate has said “disregards the sensibilities of billions of people around the world”. It said the two were stopped while proceeding privately without any characteristics of a procession or ceremonial act, and had to turn back.
Italy’s Prime Minister Giorgia Meloni has led criticism, describing the Israeli police’s actions as an “offence to the faithful” and to “every community that recognises religious freedom”. French President Emmanuel Macron condemned the incident and said it fits in a pattern of a “worrying increase in violations of the status of the Holy Places in Jerusalem”.
Israel has claimed the priests were stopped due to “security concerns” amid the ongoing war with Iran. Prime Minister Benjamin Netanyahu said overnight that Cardinal Pizzaballa had been asked to “refrain from holding mass” out of “special concern for his safety”, but that Israel has since ensured he is “granted full and immediate access to the Church of the Holy Sepulchre in Jerusalem.”
Yet a spokesperson for the Latin Patriarchate has said that private masses have been taking place at the Church of the Holy Sepulchre since the start of the war, and that it remains unclear why the access of the two priests to Sunday’s Mass was any different.
Aadel Haleem and Orestes Georgiou Daniel have more.
Israel says it will crack down on settler violence in the West Bank, expands Lebanon incursion
A document seen exclusively by Euronews’ Sophie Claudet shows instructions by the office of Prime Minister Benjamin Netanyahu to the Israeli army and police to crack down on settler violence against Palestinians in the West Bank.
The instructions, shared in a non-public document titled “Prime Minister’s Directive on Combating Nationalist Crimes in Judea and Samaria,” are an exceedingly unusual move for the Netanyahu administration. Judea and Samaria are the biblical names of the area known today as the West Bank.
The army had announced last week it was diverting troops away from its ongoing offensive in Lebanon to the West Bank in order to rein in Jewish settler violence, in what would be the first time Israel pulls out forces from an active war front to dispatch them to a territory deemed far less dangerous or critical.
Yet since, Israeli Prime Minister Benjamin Netanyahu has ordered the military to “further expand the existing security buffer zone” in southern Lebanon, as its war against Hezbollah intensifies. Almost a fifth of Lebanon’s population has now been
displaced as a result of the conflict.
Read the full story.
More from our newsrooms
EU calls for Black Sea grain model to unblock Strait of Hormuz. The EU’s special envoy to the Gulf, Luigi di Maio, told Euronews in an interview in Doha on Friday that the EU wants to replicate the Black Sea deal agreed in the wake of Russia’s invasion of Ukraine to unblock global supplies of grain in the Strait of Hormuz. Aadel Haleem has thefull story.
Two unidentified drones crash in southeastern Finland in ‘suspected territorial violation’. Finland’s Prime Minister Petteri Orpo says they are likely Ukrainian drones that went astray due to Russian jamming of signals as Kyiv carries out drone attacks on Russian territories along the border with Finland. Malek Fouda hasthe story.
Huge crowds protest against Trump in ‘No Kings’ rallies in the US and abroad. Millions of people took to the streets across the US – and to a lesser extent worldwide – on Saturday to protest against what they see as Trump’s authoritarian style of governance, hardline immigration policies, climate change denial and the war with Iran. Lucy Davolou has the details.
We’re also keeping an eye on
- EU agriculture and fisheries ministers gather in Brussels
- Syrian President Ahmed Al-Sharaa in Germany for talks with Chancellor Friedrich Merz
That’s it for today. Marta Pacheco contributed to this newsletter. Remember to sign up to receive Europe Today in your inbox every weekday morning at 08.30.
World
Schools, shops shut in northern Israel to protest the Lebanon ceasefire
Shops and schools shut in northern Israel as residents protested a 10-day ceasefire with Lebanon that took effect on April 16, saying “nothing was achieved”. Israeli officials say operations may continue, with forces still deployed inside southern Lebanon.
Published On 19 Apr 2026
World
Pope Leo says remarks about world being ‘ravaged by a handful of tyrants’ were not aimed at Trump: report
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Pope Leo XIV said Saturday that remarks he made this week in which he said the “world is being ravaged by a handful of tyrants” were not directed at President Donald Trump, a report said.
The pope, speaking onboard a flight to Angola during his 10-day tour of Africa, said reporting about his comments “has not been accurate in all its aspects” and his speech “was prepared two weeks ago, well before the president ever commented on myself and on the message of peace that I am promoting,” according to Reuters.
The news outlet cited the pope as saying his comments were not aimed at Trump.
“As it happens, it was looked at as if I was trying to debate the president, which is not in my interest at all,” the pope reportedly said.
’60 MINUTES’ ACCUSED OF USING LEFT-LEANING CARDINALS TO BAIT TRUMP INTO FEUD WITH VATICAN
Pope Leo XIV answers journalists’ questions during his flight from Yaoundé, Cameroon, to Luanda, Angola, Saturday, April 18, 2026. (Luca Zennaro/Pool Photo via AP)
Vice President JD Vance later took to X to thank the pope for clearing the record.
“While the media narrative constantly gins up conflict — and yes, real disagreements have happened and will happen — the reality is often much more complicated,” Vance wrote. “Pope Leo preaches the gospel, as he should, and that will inevitably mean he offers his opinions on the moral issues of the day.
“The President — and the entire administration — work to apply those moral principles in a messy world,” he continued. “He will be in our prayers, and I hope that we’ll be in his.”
The vice president’s comments came days after he told Fox News’ Bret Baier on “Special Report” that it would be best for the Vatican to “stick to matters of morality.”
“Let the President of the United States stick to dictating American public policy,” Vance said Tuesday.
Trump last Sunday accused Pope Leo XIV of being “terrible” on foreign policy after the pontiff criticized the U.S.-Israeli war on Iran.
“He talks about ‘fear’ of the Trump Administration, but doesn’t mention the FEAR that the Catholic Church, and all other Christian Organizations, had during COVID when they were arresting priests, ministers, and everybody else, for holding Church Services, even when going outside, and being ten and even twenty feet apart,” Trump wrote in a Truth Social post.
“I don’t want a Pope who thinks it’s OK for Iran to have a Nuclear Weapon.”
POPE LEO SLAMS THOSE WHO ‘MANIPULATE RELIGION’ FOR MILITARY OR POLITICAL GAIN, TRUMP RESPONDS
Pope Leo XIV and President Donald Trump (Simone Risoluti/Vatican Media via Vatican Pool/Getty Images; Salwan Georges/Bloomberg via Getty Images)
During a speech in Cameroon on Thursday, the pope said, “We must make a decisive change of course — a true conversion — that will lead us in the opposite direction, onto a sustainable path rich in human fraternity.
“The world is being ravaged by a handful of tyrants, yet it is held together by a multitude of supportive brothers and sisters.
Pope Leo XIV speaks as he meets with the community of Bamenda at Saint Joseph’s Cathedral in Bamenda on the fourth day of an 11-day apostolic journey to Africa April 16, 2026. (Alberto Pizzoli/AFP via Getty Images)
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“Woe to those who manipulate religion and the very name of God for their own military, economic or political gain, dragging that which is sacred into darkness and filth.”
Fox News Digital has reached out to the White House for comment.
Fox News Digital’s Landon Mion contributed to this report.
World
Bulgaria votes in eighth election in five years
Bulgarians headed to the polls Sunday for the eighth time in five years, with anti-corruption candidate and former president Rumen Radev’s bloc tipped to win.
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The European Union’s poorest member has been through a spate of governments since 2021, when large anti-graft rallies brought an end to the conservative government of long-time leader Boyko Borissov.
Eurostat data shows Bulgaria consistently ranks last in the EU by GDP per capita. In 2025, Bulgaria (along with Greece) was at 68% of the EU average.
Radev, who has advocated for renewing ties with Russia and opposes military aid to Ukraine, was president for nine years in the Balkan nation of 6.5 million people.
He stepped down in January to lead newly formed centre-left grouping Progressive Bulgaria, with opinion polls before Sunday’s vote suggesting the bloc could gain 35% of the vote.
The former air force general has said he wants to rid the country of its “oligarchic governance model”, and backed anti-corruption protests in late 2025 that brought down the latest conservative-backed government.
“I’m voting for change,” Decho Kostadinov, 57, told reporters after casting his ballot at a polling station in the capital, Sofia, adding corrupt politicians “should leave — they should take whatever they’ve stolen and get out of Bulgaria”.
Polls are forecasting a surge in voter participation, with more than 3.3 million Bulgarians expected to cast ballots according to the Bulgarian News Agency.
Voting will close at 1700 GMT, with exit polls expected immediately afterwards. Preliminary results are expected on Monday.
‘Preserve what we have’
Borissov’s pro-European GERB party is likely to come second, according to opinion polls, with around 20%, ahead of the liberal PP-DB.
“I’m voting to preserve what we have. We are a democratic country, we live well,” said Elena, an accountant of about 60, who did not give her full name, after casting her vote in Sofia.
Front-runner Radev has slammed the EU’s green energy policy, which he considers naive “in a world without rules”.
He also opposes any Bulgarian efforts to send arms to help Ukraine fight back Russia’s 2022 invasion, though he has said he would not use his country’s veto to block Brussels’ decisions.
Pushing for renewed ties with Russia, Radev denounced a 10-year defence agreement between Bulgaria and Ukraine signed last month – drawing fresh accusations from opponents of being too soft on Moscow.
The ex-president also stoked outrage online for screening images at his final campaign rally of his meetings with world leaders including Russia’s Vladimir Putin.
“We need to close ranks,” he told around 10,000 cheering supporters at the rally, presenting his party as a non-corrupt “alternative to the perverse cartel of old-style parties”.
Borissov, who headed the country virtually uninterrupted for close to a decade, has dismissed suggestions that Radev brings something “new”.
At a rally of his party earlier this week, he insisted GERB had “fulfilled the dreams of the 1990s” with such achievements as the country joining the eurozone this year.
‘No one to vote for’
Radev is aiming for an absolute majority in the 240-seat parliament.
A lack of trust in politics has affected voter turnout, which slumped to 39% in the last election in 2024.
But with Radev rallying voters, high turnout is expected this time, according to analyst Boryana Dimitrova from the Alpha Research polling institute.
Miglena Boyadjieva, a taxi driver of about 55, said she always votes, but the “problem is that there is no one to vote for”.
“You vote for one person and get others. The system has to change,” she told reporters.
Political parties have called on Bulgarians to show up for the polls, also to curb the impact of vote buying.
In recent weeks, police have seized more than one million euros in raids against vote buying in stepped-up operations.
They have also detained hundreds of people, including local councillors and mayors.
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