Armenia-EAEU Standoff: Russia-led Eurasian Economic Union leaders say they will consider suspending Armenia later this year over Yerevan’s EU ambitions, urging a referendum that would give voters a choice between the EU path and staying in the Moscow-led bloc. EU Funds Unlock: Hungary struck a political deal with the European Commission to release €16.4bn in previously frozen EU money, tied to anti-corruption and rule-of-law reforms, including joining the European Public Prosecutor’s Office. Ireland Energy Politics: An Irish councillor calls for revoking the 2021 ban on new offshore oil and gas exploration, arguing Ireland’s energy dependence leaves it exposed to supply shocks. Oil & Gas Markets: Oil prices slid as hopes grew for a US-Iran ceasefire extension, while Europe’s gas outlook stayed tight with storage concerns and volatile geopolitics. EU Building Rules: New EU energy-performance rules for buildings take effect on 30 May, pushing renovation plans to cut bills and emissions. Poland Biofuels Push: ORLEN launched a 300,000-tonne HVO plant in Płock to expand renewable fuel supply and reduce reliance on imports. EU Financial Integration: Six major EU economies urged stronger, more centralized supervision of markets, backing expanded ESMA powers.