EU Markets Watch: European shares edged up as energy stocks rallied on firmer oil prices, but investors stayed cautious over Middle East uncertainty and Hormuz-related inflation risks. Migration Politics: Spain’s Ceuta crisis is still sparking political friction, with a dispute over whether 72,000 or 80,000 people arrived, while Sweden’s PM warned Spain’s planned regularisation could trigger a 2015-style northward migration surge. Water & Heat: France moved to water restrictions affecting much of the country after drought pressures, as heatwave impacts keep spreading across Europe’s economy and daily life. Tech & Regulation: Slovenia’s insurance supervisor AZN selected Modulos to govern AI systems under the EU AI Act and other rules, signaling regulators are getting more hands-on with AI oversight. Business & Industry: Acwa Field Services bought EthosEnergy’s steam turbine services unit in Poland to expand its European maintenance footprint. Aviation & Trade: Malaysia’s transport minister said a strengthened China–Malaysia air corridor is boosting trade and travel, with carriers adding routes and freight demand staying strong. Sports & Politics: The European Parliament banned Iranian diplomats from its premises after protests crackdown in Iran. Space: Rocket Lab formally set up Rocket Lab Germany after acquiring Munich-based Mynaric.