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Iranian authorities announced a swift reversal of the Strait of Hormuz’s reopening, reinstating tight military oversight after Washington declared it would maintain the blockade on Iranian ports.IRGC vessels engaged a tanker attempting to transit the waterway on Saturday, and a separate Indian‑flagged crude carrier was also reported to have come under fire, according to a UK maritime agency and Reuters.The Khatam al‑Anbiya joint military command stated that the strait has returned to its "previous status" and is now under "strict management and control by the armed forces". The restrictions will stay in place unless the United States guarantees full freedom of navigation for vessels traveling to and from Iran, a condition reiterated by Deputy Foreign Minister Saeed Khatibzadeh and the IRGC navy command.Speaking at a Turkish diplomatic forum in Antalya, Khatibzadeh warned that the U.S. cannot impose a "siege" on Iran while Tehran seeks to ensure safe passage through the strategic chokepoint.On the social platform X, the IRGC navy warned that any perceived breach of U.S. commitments would elicit a "appropriate response" and that the strait’s status would remain unchanged as long as Iranian shipping faces threats.Iran initially closed the strait on 4 March following U.S.–Israeli airstrikes, reopening it only after a 10‑day ceasefire between Israel and Lebanon was brokered. The latest U‑turn follows President Donald Trump’s declaration that the U.S. blockade will remain in force until a permanent peace agreement with Tehran is reached, and he hinted that the temporary Pakistan‑mediated ceasefire may not be extended.The UK’s Maritime Trade Operations Centre reported that a tanker was approached and fired upon by two IRGC gunboats about 20 nautical miles northeast of Oman. The vessel’s captain confirmed that no radio warning was given, but the crew emerged unharmed and authorities are investigating.Despite the brief reopening, maritime tracking showed that only eight oil and gas tankers managed to pass through the strait before Iran’s reversal.Approximately 20% of global oil and liquefied natural gas transits the Strait of Hormuz, making it a focal point of the broader U.S.–Israeli‑Iran conflict. Its closure has already contributed to rising energy prices worldwide.Regional diplomats remain cautiously optimistic: Egypt’s foreign minister Badr Abdelatty expressed hope for a deal "in the coming days," noting that the prolonged conflict harms not only the Middle East but the entire world.

Sixteen Polymarket accounts each earned more than $100,000 by correctly forecasting the U.S. airstrike on Iran on 27 February, while a single user, known as “Magamyman,” pocketed over $550,000 by betting on the removal of Ayatollah Ali Khamenei moments before his death in an Israeli strike.Just before former President Donald Trump announced a temporary cease‑fire on 7 April, traders placed a staggering $950 million wager that oil prices would fall – a bet that proved accurate.These synchronized bets, which also included $855,000 in contracts predicting the 27 February strike and $580 million in oil‑futures positions placed minutes before Trump’s “productive talks” comment on 23 March, have raised alarms about possible insider information being used in online prediction markets.Platforms such as Polymarket and Kalshi now allow contracts on virtually any news event, blurring the line between traditional sports betting and financial speculation. The ease of accessing commodity derivatives, especially oil futures, amplifies the potential for profit – and for regulatory scrutiny.Law professors Joshua Mitts (Columbia) and Andrew Verstein (UCLA) note that while the trades could be “lucky,” the timing and scale suggest “hallmarks of suspicious activity” that merit investigation. The Commodity Futures Trading Commission (CFTC) has reportedly opened inquiries into the March 23 and April 7 oil‑futures trades, though it has not publicly confirmed the probes.Regulators face a dilemma: existing legislation may be inadequate for the technological realities of blockchain‑based prediction markets. CFTC Commissioner Michael Selig, appointed by the Trump administration, warned that “we will find you and you will face the full force of the law,” yet the agency cannot issue new rules until it has a full five‑member commission.State‑level challenges further complicate oversight. Nevada temporarily banned Kalshi for operating without a gambling license, while Arizona filed criminal charges over election‑betting contracts. Kalshi argues that the CFTC holds exclusive jurisdiction over such markets.A recent academic study screened over 200,000 “suspicious wallet‑market pairs” from February 2024 to February 2026, finding that traders in this cohort achieved a near 70% win rate, generating roughly $143 million from well‑timed bets on events ranging from the capture of former Venezuelan leader Nicolás Maduro to celebrity engagements.Congressional leaders have responded with legislation aimed at prohibiting federal employees, including members of Congress and White House staff, from participating in prediction‑market contracts tied to political or policy outcomes. However, experts caution that the legal framework for insider trading in commodity futures remains under‑developed, making enforcement challenging.As prediction markets continue to intersect with geopolitical events, the risk of market distortion grows. “When financial bets are based on classified military information, it undermines both market integrity and public trust,” warned Verstein, highlighting the broader implications for the real economy.

Donald Trump's presidency has had an unexpected consequence: he has done more to accelerate the energy transition than anyone else alive. Despite fossil fuel companies bankrolling his campaign to hinder the transition, his volatile nature and policies have led to a surge in demand for renewable energy technologies.The recent attack on Iran has caused oil prices to soar, and executives from companies like Chevron have cashed in on record-breaking share sales. However, this has also led to a global surge in demand for electric vehicles (EVs), solar panels, and heat pumps. Inquiries about buying EVs have risen by 23% in the UK, 50% in Germany, and 160% in France.The logic of switching to renewables appears ineluctable. Governments and voters are seeking to reduce their dependency on fossil fuels, and advances in battery technology are making renewable energy more viable. Solid-state batteries and quantum batteries could soon transform the energy storage landscape.Countries that fail to adapt to this new reality will be left behind, facing high bills and insecurity. The UK should invest in grid batteries, heat pumps, and induction hobs, rather than trying to extract the last dregs of fossil fuel from the North Sea. Half-measures offer nothing but delay and wasted costs.The consequences of Trump's actions are far-reaching, and his support for autocrats like Viktor Orbán has contributed to the fall of their regimes. The anti-green campaigning in the UK may have been financed by Russian oil, but greens who were once dismissed as idealistic now look like hard-headed pragmatists and true patriots.

Iran's foreign minister, Abbas Araghchi, has announced that the Strait of Hormuz is now fully open to commercial vessels. This development has sparked hopes for an end to the conflict in the Middle East and led to a significant decrease in oil prices.US President Donald Trump celebrated the reopening, claiming that Iran had agreed never to close the strategic waterway again. However, this claim has not been verified, and Iran's parliamentary speaker warned that the strait could be shut again if the US blockade continues.The Islamic Revolutionary Guard Corps (IRGC) has reinforced its authority in Tehran during the war, and commercial vessels are only allowed to travel through the strait along a determined route and with the permission of the IRGC navy. The US blockade of Iranian ports and shipping remains in place, making it uncertain when normality will return.

Fifteen people who were deported from the United States have arrived in the Democratic Republic of Congo (DRC). The deportees landed in the capital, Kinshasa, overnight Thursday to Friday as part of an agreement between the US and the DRC.The group includes nationals from Peru and Ecuador, with seven women among them, according to a diplomatic source. An official at the DRC migration agency confirmed the arrivals but did not provide details.US lawyer Alma David, who represents one of the deportees, said the deportees are all from Latin America and the Congolese government plans to keep them in the country for a short period. All the deportees have legal protection from US judges shielding them against being returned to their home countries, David told The Associated Press.The DRC Ministry of Communications announced earlier this month that it would temporarily accept migrants deported from the US. It said that Washington would cover the costs involved, and that facilities had been prepared near Kinshasa to accommodate them.The International Organization for Migration (IOM) said that the DRC asked the UN agency for humanitarian assistance with the migrants. The IOM may also offer assisted voluntary return to those migrants who request it.The US policy has drawn criticism from rights groups over the legality of sending deportees to countries where they are not from and could face human rights violations. In some cases, the deportees have been later sent back to their home countries despite receiving legal protection from US courts to prevent that from happening.The Trump administration is thought to have spent at least $40m to deport about 300 migrants to third countries up to the end of January, according to a report compiled by Democrats on the US Senate Foreign Relations Committee. Countries have received lump sums ranging from $4.7m to $7.5m to receive deportees.

US President Donald Trump has made a series of claims about concessions secured from Iran ahead of possible ceasefire talks, including that Tehran has agreed to keep the Strait of Hormuz open and turn over its nuclear stockpile.On Friday, Trump posted on Truth Social that Iran had agreed to open — and “never close” — the Strait of Hormuz, a critical waterway for global oil shipments. He also claimed that Iran would turn over its “nuclear dust” and that Israel would be “prohibited” from launching attacks in Lebanon.Iran has confirmed reopening the Strait of Hormuz for the “duration” of the current pause in fighting, which is set to end early next week. However, officials have pushed back on claims regarding its nuclear stockpile, with a source telling Al Jazeera negotiations remain at a preliminary stage.Despite the outstanding questions, Trump struck a celebratory tone, calling Friday “A GREAT AND BRILLIANT DAY FOR THE WORLD!” He also told Bloomberg News that he expected talks to move forward on Sunday with a permanent ceasefire deal in sight.“We’re not seeing the full picture,” Yezid Sayigh, a senior fellow at the Carnegie Middle East Center, told Al Jazeera, pointing to Trump’s penchant for hyperbole and several unresolved issues. “But this does suggest a positive momentum towards something that may end up being a comprehensive deal.”Sayigh added that Trump could have ulterior motives in striking an upbeat tone, at a time when the chokehold in the Strait of Hormuz is driving up prices for everything from fuel to fertiliser.“It is very interesting that President Trump is putting such a positive spin on things, not only to encourage markets and talk down oil prices and talk stock market prices up,” Sayigh said. “But also, I suspect, because he’s preparing the ground for more revelations about what is being negotiated with Iran.”

Turkish doctoral student Rumeysa Ozturk has decided to return to her native Turkey after a nearly yearlong legal battle with the Trump administration. Ozturk was targeted for deportation due to her pro-Palestinian advocacy, which the US government claimed was in support of Hamas.Ozturk, who received her PhD in child study and human development in February, made the announcement through the American Civil Liberties Union (ACLU) on Friday. She cited the 'state-imposed violence and hostility' she faced in the United States as the reason for her decision.The controversy began when Ozturk co-signed an opinion column in her student newspaper, The Tufts Daily, calling on her university's president to acknowledge the Israeli genocide of Palestinians and divest from companies with ties to Israel. The Department of Homeland Security (DHS) accused her of having 'engaged in activities in support of Hamas', although there is no evidence to back that assertion.Ozturk's case was one of the most high-profile instances of the Trump administration seeking to punish foreign students for their pro-Palestinian advocacy. Her arrest on March 25, 2025, was captured on surveillance video, showing six plain-clothed immigration officers surrounding her on the street outside her Massachusetts apartment.After her arrest, Ozturk was transported to New Hampshire, then to Vermont, and eventually to Louisiana, where she was held in ICE detention for 45 days. She described squalid conditions at the detention centre, including overcrowding, insufficient food, and a lack of medical care.Ozturk's legal team had submitted a habeas corpus petition, and on May 9, she was ultimately released. However, her legal proceedings continued, and this week, the ACLU announced that Ozturk's legal team had reached a settlement with the Trump administration to dismiss the deportation push.In a statement announcing her departure, Ozturk explained that countries should understand it is a 'privilege' to host international scholars. She also expressed support for other scholars fearing for their livelihoods and work, stating that she stands 'firmly in solidarity with academic communities in the US and elsewhere who live in fear for nothing more than their scholarship'.Ozturk will put her 13 years of study to use in her native Turkey, saying she is choosing to return home as planned to continue her career as a woman scholar without losing more time to the 'state-imposed violence and hostility' she experienced in the United States.

Lebanese President Joseph Aoun has declared that his country will no longer be treated as a pawn in international conflicts, following a recent ceasefire with Israel. In a televised address, Aoun emphasized that Lebanon is committed to protecting its rights, unity, and sovereignty. The ceasefire, which was announced after over 2,200 deaths and a million displaced due to Israeli attacks that began on March 2, marks a significant shift in the country's stance. Aoun stated that Lebanon is transitioning from a focus on ceasefire agreements to working on permanent agreements that ensure the rights of its people and the integrity of its land. The Lebanese president expressed gratitude to several international parties, including US President Donald Trump and the Kingdom of Saudi Arabia, for their role in ending the hostilities. He also assured that any future agreements would not compromise Lebanon's rights or territorial integrity. Aoun's statements come after direct talks between Lebanon and Israel in Washington, which drew criticism from the Lebanese public. The president outlined Lebanon's objectives, including the cessation of Israeli aggression, the withdrawal of Israeli forces, and the return of prisoners and displaced persons. Despite the ceasefire, Israel continues to occupy areas of southern Lebanon, with Prime Minister Benjamin Netanyahu asserting that troops would not withdraw during the ceasefire. Aoun's firm stance signals Lebanon's determination to assert its sovereignty and protect its interests in the face of ongoing challenges.

The U.S. Congress has passed a 10‑day extension of the controversial Section 702 provision of the Foreign Intelligence Surveillance Act (FISA), keeping the authority in place until April 30. The measure cleared the House of Representatives and was signed off by the Senate on Friday. Section 702 permits the National Security Agency and other intelligence agencies to gather data on foreign individuals located abroad, a scope that can encompass their communications with U.S. citizens. Critics argue this creates a “backdoor search” that sidesteps traditional warrant requirements, raising alarm among privacy advocates. President Donald Trump had earlier urged Congress to approve an 18‑month renewal without amendments, claiming the law is essential for protecting troops overseas and preventing foreign terror attacks. His effort stalled after resistance from within his own party, notably from Republican Congressman Thomas Massie, who warned he would vote against the bill unless it included a warrant provision and other privacy safeguards. Senate Majority Leader John Thune acknowledged the need for reform, stating, "We’ve got to pivot and figure out what can pass, and we’re in the process of figuring out how to do that here." This signals ongoing bipartisan discussions about tightening oversight while preserving national security capabilities. Supporters of the provision, including Trump, maintain that any dilution could create a "lapse in national security" and hamper efforts to counter foreign threats. The short‑term extension therefore serves as a stop‑gap, allowing intelligence operations to continue while legislators negotiate potential amendments. Originally enacted in 1978, FISA was amended in 2008 to add Section 702 amid the U.S. “global war on terror.” Since then, revelations that the Bush administration had already employed similar tactics have fueled ongoing debates over the balance between security and civil liberties.