The European Union could lose up to 1.3 million jobs this year as a direct result of skyrocketing energy prices triggered by the ongoing U.S.-Iran conflict, the European Commission warned on Wednesday.

António Costa, who is visiting the Balkans, said on Tuesday in Sarajevo that the European Union’s commitment to the Western Balkans is real, as is the opportunity for EU enlargement.

The European Union is considering implementing targeted sanctions against hardline Israeli ministers accused of inciting human rights abuses, following the controversial interception of a Gaza-bound humanitarian aid flotilla in international waters.

On Monday, negotiators agreed on new measures to accelerate and expand deportations from the European Union, including provisions allowing rejected asylum seekers to be sent to processing hubs outside the bloc.

The European Union is preparing to launch a major regulatory assault on American tech supremacy. According to draft documents leaked ahead of schedule, Brussels is planning to propose strict new criteria for cloud computing services in critical state tenders—a protectionist shift that could effectively freeze Amazon, Microsoft, and Google out of highly lucrative government contracts.

Russia's Foreign Ministry has praised Georgia for pursuing what it described as a multi-vector foreign policy despite pressure from the European Union to take a more confrontational approach towards Moscow.

Russian President Vladimir Putin has warned that Armenia could face a significant economic impact if it moves away from the Eurasian Economic Union (EAEU) amid its growing interest in European Union integration.