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Eight OPEC+ participants have consented to raise daily oil‑production quotas by 206,000 barrels for May, a modest adjustment given that several key producers are constrained by the US‑Israeli conflict with Iran that has sealed the Strait of Hormuz.The strategic waterway has been blocked since late February, halting shipments from the core OPEC+ exporters Saudi Arabia, the United Arab Emirates, Kuwait and Iraq, thereby tightening global supply.During a virtual session, the eight members—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman—endorsed the May quota increase and reiterated their commitment to monitor market dynamics closely.The joint statement highlighted ongoing vigilance over market conditions and expressed concern that attacks on energy infrastructure make restoration costly and time‑intensive, further limiting supply availability.Although the increase accounts for less than 2% of the volume lost due to the Hormuz closure, OPEC+ sources told Reuters the decision signals a willingness to expand output once the strait reopens.Crude prices have surged to around $120 per barrel, a four‑year high, driving up transport‑fuel costs worldwide.JPMorgan warned that if the blockage persists into mid‑May, oil could breach $150 a barrel, an unprecedented level.The May adjustment mirrors the April decision made on March 1, yet the conflict is estimated to have removed between 12 and 15 million barrels per day—approximately 15% of global supply.Iran has allowed certain regional vessels to navigate the strait; Iraqi crude was observed transiting, and Oman is conducting talks with Tehran to facilitate smoother passage.U.S. President Donald Trump has threatened to expand attacks on Iranian civilian infrastructure, including bridges and power plants, if the Strait of Hormuz does not reopen by Monday.

The US labor market demonstrated unexpected strength in March, with the unemployment rate dropping to 4.3% despite concerns over economic instability and the ongoing conflict with Iran. According to the US Bureau of Labour Statistics, non-farm payrolls grew by 178,000 jobs in March, rebounding from a downwardly revised loss of 133,000 jobs in February.The healthcare sector led the gains, adding 76,000 jobs in March, significantly higher than the 29,000 average monthly increase over the last year. This surge follows a large-scale nursing strike that ended on February 24, which had temporarily removed over 30,000 healthcare workers from payrolls.The construction sector also saw notable growth, with 26,000 jobs added in March. Additionally, the transportation and warehousing sector grew by 21,000 jobs over the previous month, although it has experienced an overall loss of 139,000 jobs since February 2025.In contrast, the federal government, the largest employer in the US, continued to shrink, cutting 18,000 federal employee positions in March. This marks a 355,000 job decline from the same period last year.The White House has praised the jobs report as evidence that President Trump's policies are stimulating the domestic economy. Kush Desai, White House deputy press secretary, stated that the March jobs report 'blew out expectations' with strong construction job growth and a surge in manufacturing job creation.However, experts warn that the impact of the US conflict with Iran, dubbed Operation Epic Fury, is not yet fully reflected in the job numbers. Economists at JPMorgan cautioned that negative payroll readings could become more common, and Angela Hanks, chief of policy programmes at The Century Foundation, noted that wage growth has stalled, and oil prices are skyrocketing, threatening to weaken the job market.The economic uncertainty is also affecting US consumers, with the University of Michigan's consumer sentiment survey dropping by 6% in March to its lowest level since December 2025. Furthermore, the average price for a gallon of petrol has increased to $4.09 ($1.08 per litre), up from $3.10 ($0.82 per litre) this time last month.

Lawyers estimate that as many as 75 women could have a claim in the $72.5 million settlement reached with Bank of America over alleged involvement in Jeffrey Epstein’s sex‑trafficking network. U.S. District Judge Jed Rakoff has instructed counsel to assemble a broad list of publications by the upcoming Friday to ensure every potential victim receives notice, emphasizing that "nobody is left out." A final approval hearing is scheduled for August 27. The settlement was first disclosed in court filings on March 27 after a proposed class‑action lawsuit was permitted to move forward. In October, a plaintiff using the pseudonym Jane Doe filed the suit on behalf of herself and other alleged victims, accusing the bank of overlooking suspicious transactions tied to Epstein’s operations. According to the complaint, Bank of America allegedly benefited knowingly from its relationship with Epstein and impeded enforcement of the Trafficking Victims Protection Act, a federal statute aimed at combating sex trafficking. Bank of America reiterated its stance that it did not facilitate Epstein’s crimes, stating that the resolution allows the institution to move past the matter and provides "further closure for the plaintiffs." Judge Rakoff gave preliminary approval, noting that while no monetary figure can fully compensate for the magnitude of Epstein’s offenses, victims are entitled to restitution from any party that "knowingly, recklessly or otherwise unlawfully facilitated" the trafficking. This agreement follows similar settlements in 2023: JPMorgan Chase paid $290 million and Deutsche Bank settled for $75 million with Epstein victims. Rakoff previously dismissed a suit against Bank of New York Mellon; the plaintiffs are now appealing that decision. He stressed that liability should be limited to entities that knowingly assisted or profited, not to every organization that merely intersected with Epstein’s network. Jeffrey Epstein, a wealthy financier who died by suicide in a New York City jail in 2019, was accused of preying on girls and young women for decades and maintained ties to high‑profile figures across politics, arts, and business. One of Doe’s attorneys, David Boies, believes that 60 to 75 women may qualify for the settlement, and cautions that additional claimants could emerge as the search continues.

After a prolonged period of uncertainty, the County Championship returns on Good Friday with renewed vigor, its schedule finally settled and the controversial three‑year Kookaburra ball trial abandoned.The England and Wales Cricket Board (ECB) is now trialling a full‑substitute system in domestic matches. Unlike the traditional “covering fielder” approach, a player can be replaced by a fully‑playing substitute for injury, illness or significant life events such as the birth of a child or a family health crisis.Alan Fordham, the ECB’s head of cricket operations, highlighted the change: “Most seasons we get three or four questions about a player being replaced to witness the birth of a child… the answer will now be yes.” He also recalled the Blair Tickner incident, where the New Zealander’s wife was diagnosed with leukaemia during a match, forcing him to continue playing with a ten‑man side.The substitute scheme is being tested at the ICC’s request, which asks member boards to experiment domestically before considering a similar rule for Test cricket. By allowing replacements for personal emergencies, the ECB has moved further than counterparts in India, Australia and South Africa.To curb potential abuse, any player replaced for illness or injury must observe an eight‑day “stand‑down” period before returning. Derbyshire head coach Mickey Arthur praised the intent but warned of loopholes, noting that the rule does not account for bye weeks, season‑ending fixtures or the transition from red‑ball to white‑ball cricket.Following a disappointing Ashes winter, the ECB is keen to restore the Championship’s relevance. Managing director Rob Key signalled that England‑team places are no longer guaranteed, urging county coaches and players to re‑engage.England head coach Brendon McCullum, speaking to counties via Zoom, stressed the competition’s value for talent identification, especially for players adept against high pace and spin. He also announced the return of Troy Cooley as the ECB’s pace‑bowling lead.Test captain Ben Stokes backed the message, urging players to seize the early weeks of the Championship as a platform for national selection: “It’s a great opportunity for a lot of people around the country… use it to push your case forward.”Enthusiasm is palpable across the counties. Glamorgan, back in Division One for the first time since 2005, aim to showcase their spinners. Lancashire chase promotion despite the late loss of Mitch Perry, while Surrey, Nottinghamshire and Warwickshire marshal their senior talent. Even clubs hit by setbacks—Leicestershire, plagued by injuries and the sudden withdrawal of captain Peter Handscomb, and Sussex, docked 12 points before the season began—remain determined as they kick off their fixtures at Grace Road.

England's preparations for the 2026 World Cup are underway, with manager Thomas Tuchel working to finalize his squad. Jordan Pickford remains the undisputed No 1 goalkeeper, while Harry Kane is irreplaceable up front. Declan Rice and Elliot Anderson look certain to start in midfield.The team's recent friendlies against Japan and Uruguay have provided some insights into Tuchel's plans. Marc Guéhi wore the captain's armband during the loss to Japan and is emerging as the senior centre-back. However, there are still many questions about the team's composition, particularly in defense and midfield.John Stones and Anthony Gordon face uncertain futures due to injuries and inconsistent form. Trent Alexander-Arnold continues to be overlooked by Tuchel, despite his exceptional talent. The manager has been experimenting with different players and formations, including Cole Palmer and Phil Foden in various roles.The article also mentions several players who are likely to miss out on the World Cup, including Fikayo Tomori, Myles Lewis-Skelly, and Ivan Toney. On the other hand, young players like Max Dowman and Archie Gray could be considered for wild-card picks.Tuchel's squad selection will be crucial in determining England's success in the 2026 World Cup. The team's predicted squad includes:Goalkeepers: Jordan Pickford, Dean Henderson, James Trafford.Defenders: Marc Guéhi, Ezri Konsa, John Stones, Harry Maguire, Nico O'Reilly, Lewis Hall, Reece James, Jarell Quansah, Tino Livramento.Midfielders: Declan Rice, Elliot Anderson, Jude Bellingham, Jordan Henderson, James Garner, Morgan Rogers.Forwards: Harry Kane, Bukayo Saka, Cole Palmer, Anthony Gordon, Eberechi Eze, Noni Madueke, Marcus Rashford, Danny Welbeck.

Glamorgan's cricket team is gearing up for their biggest season in years, back in Division One of the County Championship for the first time since 2005. A key player to watch is Asa Tribe, who had a standout performance last season, scoring a thousand runs and earning a spot on the Lions tour in the winter.Tribe's impressive form has not gone unnoticed, with England managing director Rob Key taking note of his unbeaten 129 against Australia A in the unofficial Test. His captain, Kiran Carlson, praises Tribe's work ethic and talent, comparing him to another Glamorgan star, Marnus Labuschagne.Tribe's journey to the top has been swift, moving from the Glamorgan second team to the first team, the Lions, and then a franchise gig with Paarl Royals in the South Africa T20 within a year. He remains focused on his goals, saying, 'There's a bit of talk around it and it's quite easy to get sucked up into that thinking, but if I don't put in performances like I did last season, it becomes irrelevant whether there's hype or not.'With his sights set on Test cricket for England, Tribe is determined to continue improving and making a name for himself in the cricket world. His teammate, Carlson, has no doubt that he'll achieve his goal, saying, 'I have no doubt that he'll play a lot of Test cricket for England. His ceiling's incredibly high.'

England manager Thomas Tuchel has cast doubt on Phil Foden's place in the World Cup squad, citing concerns over his recent form. Foden, a key player for Manchester City, struggled to make an impact in friendlies against Uruguay and Japan.Tuchel gave Foden opportunities in the starting lineup during the international window but was left unimpressed. In the 1-1 draw against Uruguay and 1-0 defeat by Japan, Foden failed to make a significant impact.The manager faces tough decisions on which players to take to the World Cup, with Jude Bellingham, Morgan Rogers, and Eberechi Eze also vying for spots. Foden's recent struggles, including limited playing time for Manchester City, have raised questions about his readiness for the tournament.“Phil tried everything,” Tuchel said. “He was excellent in camp but struggled to show it on the pitch. He didn’t have a lot of minutes for City recently.”Tuchel emphasized that while he can take a struggling player to the World Cup, it's not a guarantee that Foden will be part of the squad. Foden's uncertain future with the national team adds to the challenges Tuchel faces in selecting his final squad.

On a surprisingly quiet evening at Wembley, England’s 1-0 defeat to Japan unfolded in a half‑hour that was more ceremonial than competitive. The opening thirty minutes were fluffy and formless, offering little in the way of decisive play but plenty of clues about the team’s underlying issues.For manager Thomas Tuchel, the concession of the opening goal will likely linger in post‑match analysis sessions. The loss adds another chapter to what critics describe as the “never‑ending story of England footballdom,” where each friendly serves as a diagnostic test rather than a showcase of progress.Injuries and omissions forced Tuchel to field a makeshift side featuring Phil Foden, Morgan Rogers, Cole Palmer and Kobbie Mainoo. The line‑up lacked traditional power runners and aerial threats, resembling a “false nine” formation that felt experimental but ultimately failed to generate a clear tactical identity.Japan’s solitary goal came after Palmer lost possession in an attacking area, leaving a void that England’s midfield could not fill. The Japanese attack exploited the space, threading a pass through the centre of England’s formation and scoring with ease. The goal underscored England’s lack of pressure and positional awareness in the defensive third.Despite the disappointment, the match offered a glimpse of individual talent. Harry Maguire and Dan Burn were deployed on set‑pieces, and Jude Bellingham remained an unused asset, highlighting the depth of options available for the upcoming World Cup.Atmospherically, the match resembled a village fête more than a high‑stakes international fixture. Pre‑match entertainment featured a medley of music, fireworks and quirky performances, creating a backdrop that contrasted sharply with the on‑field performance.Analysts noted that England’s approach felt like an attempt to dress up “borrowed tactical clothes” rather than a coherent game plan. The lack of a defined structure left the side vulnerable to Japan’s disciplined, technically sound play.Looking ahead, Tuchel now faces the task of reconciling his experimental selections with the need for a pragmatic, battle‑ready squad. The friendly serves as a reminder that, while England possesses individual brilliance, the team must resolve its tactical ambiguities if it hopes to contend seriously for the 2026 World Cup.

England's World Cup preparations took a hit with a dismal 1-0 defeat to Japan, with Harry Kane's absence from the squad being keenly felt. Coach Thomas Tuchel experimented with various formations and players in Kane's absence, but the team struggled to create scoring opportunities.Tuchel deployed a fluid front four consisting of Phil Foden, Cole Palmer, Morgan Rogers, and Anthony Gordon against Japan, but the system failed to yield the desired results. The lack of creativity and goal-scoring threat without Kane was evident, raising concerns about England's reliance on their captain for goals this summer.“Why would Argentina not rely on Messi or Portugal on Ronaldo?” Tuchel said, highlighting the importance of key players to top teams and nations. He emphasized that Bayern Munich and no other team in the world have the same threat without Kane, underscoring his influence on the team.Tuchel, who was also without several key players including Jude Bellingham, Declan Rice, John Stones, Reece James, and Bukayo Saka, tried different approaches in recent matches. Despite the challenges, he expressed confidence that England can win games without Kane, but acknowledged that having him makes it “easier to win matches.”The coach reiterated that he is not looking for a second Harry Kane, as there is no replacing the influential striker. Tuchel stated that Kane's absence disrupts not only the team's on-field performance but also the squad's dynamics, given his role as captain and a key personality.Tuchel's comments suggest that England's World Cup prospects are heavily dependent on Kane's form and availability. The team's performance in their final camp before the World Cup has given Tuchel “more clarity” over his 26-man squad selection, but the absence of Kane and other key players has raised concerns about their readiness for the tournament.