Ukrainian drones strike a crucial Russian oil port, according to local governor. Meanwhile, the EU's new Industrial Accelerator Act aims to foster closer ties with 'trusted partners' while restricting Chinese investment. This policy shift has sparked debate, as the European Commission's President Ursula von der Leyen shifts the blame for the EU's economic struggles onto national leaders. The tension escalates when German Chancellor Friedrich Merz joins industry leaders in criticizing the EU's carbon market, despite von der Leyen's defense of its benefits. The situation intensifies as European manufacturers express concerns about the potential weakening of the carbon border tax, which could have far-reaching implications for industries ranging from fertilizers to cement.
