After two months of high-voltage community drama, billions in European Eurobonds can now start to reach Ukraine. The EU formally unblocked this Thursday the 90 billion loan that had been blocked until now by the still Hungarian Prime Minister, Viktor Orbán. Once the elections were lost and Russian oil flowing towards Budapest, Hungary has raised no further objections, and European leaders are now starting to turn the page, now considering the next challenge: opening the first round of negotiations in Ukraine’s EU accession process.

The indefinite truce between Iran and the United States, announced on Tuesday by President Donald Trump, remains fragile after the capture of at least five ships since then in the region, three intercepted by Tehran and two by Washington. The naval blockade imposed by the Pentagon on Iranian ports, which overlaps with the effective closure of the Strait of Hormuz by the Revolutionary Guard, is making a second round of peace talks impossible, as the Iranian regime considers it an “act of war” that violates the terms of the agreement. Financial markets breathed a sigh of relief when Trump extended the ceasefire just hours before it expired, but have stabilized, cautious because peace still seems distant.