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Watch: European Council meets today. What will be discussed - and why it will be war?

Today, 27 EU leaders meet in Brussels for the European Council. The official agenda highlights competitiveness and migration, but war overshadows it all. Your reporter does not yet know exactly what they will say. But we can certainly guess what keeps them up at night.

READ MORE : http://www.euronews.com/2026/03/19/watch-european-council-meets-today-what-will-be-discussed-and-why-it-will-be-war

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Transcript
00:01Today, 27 EU leaders meet in Brussels for the European Council.
00:05The official agenda highlights competitiveness and migration.
00:09But war overshadows it all.
00:12And your reporter doesn't yet know exactly what they will be saying.
00:15But we can certainly guess what keeps them up at night.
00:18Especially as Russia's war in Ukraine and the US-Israeli war in Iran
00:23have become deeply interlinked.
00:25Let's take a look together.
00:27With the Strait of Hormuz effectively closed, energy and petrol costs are soaring.
00:32And because that vital waterway handles a massive share of global fertiliser shipments,
00:37it also means higher grocery prices for everyone.
00:40To ease that pressure, Trump announced last week that he is lifting some sanctions on Russian oil.
00:46The US Treasury issued a temporary permit allowing countries to purchase Russian crude currently stranded at sea.
00:53And Washington insists this only applies to already loaded cargo.
00:58Strictly ruling out new trades or major financial benefits for Russia.
01:03But European leaders are strongly pushing back.
01:07German Chancellor Friedrich Merz called the move wrong.
01:10While Council President Antonio Costa argued it directly undermines European security by letting Moscow cash in.
01:18But here is the bitter irony.
01:21Since Trump's decision, oil prices have not drastically fallen.
01:25But European security has.
01:28This sanctions relief could hand the Kremlin a staggering $150 million a day.
01:34That single day of revenue buys up to 7,000 Iranian-designed Shahid drones.
01:39Or could fund sign-up bonuses for 5,000 new Russian soldiers.
01:45Every single day.
01:46And after bashing traditional diplomacy, Trump is disappointed Europe is not rushing to help secure the Middle East.
01:54But as EU leaders gathering Brussels just days after the Ides of March,
02:00one could say they know a political backstabbing when they see one.
02:04When the

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