German government spokesman said Chancellor Merz pledged to Ukrainian President Zelenskiy that Ukraine can rely on Germany for firm, sustained civilian and military support.

European forward annual power contracts rose Wednesday after natural gas hit a 43-month high following overnight US and Iran air strikes. French year‑ahead baseload climbed 6.2% to €78.25/MWh, its highest since Dec 2024; German year‑ahead baseload rose 2.6% to €123/MWh. Forward curves were firmer across maturities, with near‑month and near‑season contracts also higher. EnergyScan said the ongoing gas rally, approaching winter, low gas inventories and drought‑reduced hydro reservoirs are sustaining support for the near end of the forward curve. Spot power in Germany and France fell as wind generation rebounded and residual load dropped.

Interfax reported Russia's finance minister said that despite current complexities there remain reasons to develop financial ties with the United States and that dialogue should continue.