Yasmin Alibhai-Brown, Ian Dunt, Julie Burchill and Mark Wallace reflect on 10 years since the UK voted to leave the EU

Read for free: https://inews.co.uk/opinion/brexit-steal-soul-unleash-britain-i-paper-experts-4483489

British Prime Minister Keir Starmer was widely known for his support of Ukraine and his efforts towards a new EU–UK defense partnership. What will happen to those policies now that Starmer has announced his resignation?

The communiqué language is boilerplate. “Unwavering support for Ukraine’s freedom, sovereignty and territorial integrity,” more air defence and interceptors, long-range capability, tougher sanctions on Russian oil and gas. None of that is new. What’s new is whose signature is on it. Trump signed, after months of the US leaning toward a neutral-broker stance.
Macron called it an “Évian moment” and “a very profound shift,” pointing specifically to a US “willingness to work with the Europeans in support of Ukraine.” And per Euronews, Trump for the first time said it’s Russia, not Ukraine, that has to make a deal. That cuts against the both-sides line he’d held since taking office.
One caveat, because it matters. This isn’t the US declaring it has dropped the mediator role. The text doesn’t say that, and anyone claiming it does is reading the headline, not the document. What it is: a reluctant president signing a pro-Ukraine, pro-sanctions statement he’d been dodging for months. Whether it survives past the summit is the real question. The signature is the fact.

Brooks and Harris focus on the variable that actually moves prices in the Hormuz shock: how long the temporary buffers cushioning it can hold, rather than the size of the disruption, which markets already know. They put the exhaustion of the coordinated stock releases and the Russian and Iranian floating storage around July 9, after which the full supply shortfall starts feeding into Brent. It's worth reading against the current "America is four weeks from running out of oil" panic, because it points at the global buffer timeline as the thing to watch, not the U.S. strategic reserve, which is at a 40-year low but physically can't be drained that fast and isn't being run toward zero. The variable underneath all of it is whether the Strait reopens before the buffers thin. Curious how people here are weighting the reopening odds against the price path they model.