EU ETS Overhaul: The European Commission has proposed a major Emissions Trading System reform, easing the pace of the cap and extending support for clean tech investment, while trying to balance industry competitiveness concerns with warnings that weakening the ETS could punish early movers. Russia Sanctions Deadlock: EU talks on a 21st Russia sanctions package are stuck, with Greece pushing for exemptions to keep its shipping fleet transporting Russian LNG for non-EU buyers as a bloc-wide ban looms in 2027. Heatwave Toll: Europe’s early-summer heatwave is linked to more than 10,000 excess deaths, with researchers warning many heat-related fatalities may never be officially recorded as such. UK Energy Bills: Octopus Energy says Labour leader Andy Burnham’s agenda could cut UK electricity bills by about £200 a year via wholesale market reform and levy changes. Home Heating Oil Shock (UK): A UK regulator review highlights how heating-oil pricing volatility hit Northern Ireland and Scotland hard after Middle East tensions and refinery changes. Germany Gas Output: Germany’s natural gas production rose slightly in 2025 for the first time in over 20 years, while crude output kept falling. North Sea Politics: Burnham’s rise is also reigniting debate over North Sea oil and gas as part of a broader cost-of-living and growth push.