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World Economy Apr 03, 2026

Iran-Israel Conflict Triggers Sudden LNG Shortage for Pakistan, Turning Surplus into Crisis

The U.S.-Israel strike campaign against Iran and the ensuing retaliation have crippled Qatar's LNG …
At the start of 2026 Pakistan was sitting on a surplus of imported liquefied natural gas (LNG). Three consecutive years of falling demand – from a peak of 8.2 million tonnes in 2021 to 6.1 million tonnes by late 2025 – were driven by cheap solar panels and reduced industrial activity. The government responded by quietly selling excess cargoes abroad and shutting down domestic wells to avoid over‑pressurising pipelines. Any gas that could not be diverted would have been pushed into household networks at a loss, adding billions to the sector’s crippling debt. Everything changed on 28 February when the United States and Israel launched the "Epic Fury" operation against Iran. The strikes killed Supreme Leader Ali Khamenei and targeted missile sites, air defences and military infrastructure. Iran retaliated with hundreds of missiles and drones, choking traffic through the Strait of Hormuz – a chokepoint for roughly 20 % of global oil and gas. As part of its retaliation, Iranian drones hit Qatar’s Ras Laffan Industrial City on 2 March, the world’s largest LNG export hub. Qatar, the second‑largest LNG exporter after the United States, declared force majeure and halted all production, releasing it from contractual delivery obligations. The fallout was immediate. Qatar’s forced shutdown cut its LNG output by 17 % and disrupted the supply chain that fuels Pakistan, which sources almost all of its imported gas from Qatar and the United Arab Emirates. Pakistan’s LNG arrivals plummeted from 12 shipments in January to just two in March. Monthly cargo data from the Oil and Gas Regulatory Authority (OGRA) show that the country received between eight and twelve shipments a month through 2025, but only two arrived after the conflict began. Price pressure followed. On 13 February state‑owned Pakistan State Oil and Pakistan LNG Limited bought eight cargoes at an average of $10.47 per MMBtu (totaling $257.1 million). By 12 March the two cargoes that did arrive cost $12.49 per MMBtu – a 19 % increase in just one month. Long‑term contracts have left Pakistan with little flexibility. Two government‑to‑government agreements with Qatar, spanning 15 and 10 years, commit the country to nine shipments a month. Even as domestic demand fell – LNG’s share of Asian markets dropped from ~30 % in 2020 to ~18 % in 2025 – the contracts remained binding. Solarisation has been a double‑edged sword. By 2025 Pakistan installed 34 GW of solar capacity, with about 25 GW feeding the national grid, driving an 11 % decline in overall electricity demand between 2022 and 2025. Gas‑fired power plants built for imported LNG are now under‑utilised, especially during daylight hours. Analysts warn that the surplus was predictable. “Pakistan’s energy planning has been locked into long‑term contracts with little room for adjustment,” says Haneea Isaad of the Institute for Energy Economics and Financial Analysis (IEEFA). The resulting circular debt now stands at 3.3 trillion rupees (≈ $11 billion), and the government is negotiating to off‑load 177 unwanted shipments worth $5.6 billion through 2031. With Qatar’s LNG shipments effectively halted, the country faces a potential shortfall of more than 21 % of its power generation capacity. The National Electric Power Regulatory Authority confirmed that LNG supplies are under force majeure, while coal imports from South Africa and Indonesia continue. To mitigate the gap, Pakistan is reviving domestic gas production that had been throttled during the surplus period. Roughly 350–400 million cubic feet per day of domestic gas were previously held back for LNG imports, now being released to the grid. Nevertheless, analysts caution that even with restored domestic gas, imported coal and hydropower, “the energy shortage may persist, especially during the peak summer months.” Summer pressure is already building. The State of Industry Report 2025 recorded peak electricity demand of over 33,000 MW last summer, while winter demand sits around 15,000 MW, helped by solar generation of 9,000–10,000 MW daily. Furnace oil, the primary backup fuel, now costs 35 rupees per unit (≈ $0.12), more than double since the Strait of Hormuz disruption. Consumers with grid electricity face higher bills and possible outages; industrial users reliant on gas risk production cuts; those equipped with rooftop solar and battery storage are best insulated. “Returning to the spot market is unlikely given Pakistan’s dire financial position, and competing with wealthier nations would price the country out,” Isaad warns. “The realistic outcome may be planned load‑shedding of two to three hours daily.”
#pakistan #lng #qatarenergy
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Sports Apr 03, 2026

Manchester City vs Liverpool FA Cup Quarter‑Final: Salah’s Farewell, Guardiola Suspension and Line‑up Preview

Manchester City host Liverpool at the Etihad in an FA Cup quarter‑final that could be Mohamed Salah…
Match details: Manchester City will meet Liverpool at the Etihad Stadium on Saturday, 4 April, kicking off at 12:45 pm local time (11:45 GMT) in the FA Cup quarter‑final.Salah’s impending exit: The Egyptian forward announced during the international break that he will leave Liverpool at the end of the season, having scored 255 goals for the club. Manager Arne Slot praised his “ever‑present hunger” and said the striker remains a legend despite a brief spell out of the squad earlier in the campaign.Guardiola’s suspension: City boss Pep Guardiola will miss the fixture after receiving a sixth yellow card in the 3‑1 FA Cup win over Newcastle United. The booking came after he protested a referee’s decision on a challenge to Jeremy Doku. This could be his last appearance against Liverpool as speculation grows over his future at Manchester City.Stakes for both sides: City are chasing a historic domestic treble – League Cup, FA Cup and Premier League – a feat last achieved in 2018/19. Liverpool, sitting fifth in the Premier League, view the cup as their only realistic route to silverware and a chance for Slot to secure his position after delivering a record‑equalling 20th league title.Upcoming fixtures: A win for Liverpool would be followed by a Champions League quarter‑final clash with Paris Saint‑Germain on 8 and 14 April. City, meanwhile, will look to build on their recent 2‑0 League Cup final victory over Arsenal.Team news – Manchester City: Centre‑back Josko Gvardiol remains sidelined with a tibial fracture. Ruben Dias and John Stones face late fitness tests for hamstring and calf issues. If Dias is unavailable, Abdukodir Khusanov or Nathan Ake could partner Marc Guehi in central defence. Goalkeeper James Trafford is expected to start, giving him a chance ahead of Gianluigi Donnarumma.Predicted City XI: Trafford; Nunes, Khusanov, Guehi, Ait‑Nouri; Bernardo, Rodri, O’Reilly; Semenyo, Haaland, Cherki.Team news – Liverpool: Mohamed Salah missed the recent 2‑1 loss to Brighton with a muscle injury but is expected to be fit. Conor Bradley, Giovanni Leoni and Wataru Endo are out, and Alisson Becker remains doubtful due to a muscular problem. Jeremie Frimpong’s availability is pending after a knock on international duty; Dominik Szoboszlai may cover at right‑back if needed. Alexander Isak has returned to training but is unlikely to feature this weekend.Predicted Liverpool XI: Mamardashvili; Szoboszlai, Konate, Van Dijk, Kerkez; Mac Allister, Gravenberch; Salah, Wirtz, Gakpo; Ekitike.Historical head‑to‑head: The two clubs have met 220 times, with Liverpool winning 110 matches, City 62 and 58 draws. Their most recent league encounter ended in a 2‑1 City win thanks to a stoppage‑time penalty from Erling Haaland.Other quarter‑final ties: After the early kickoff, Chelsea face Port Vale, Arsenal travel to Southampton, West Ham host Leeds, and the remaining fixtures will determine the final four.
#city #cup #liverpool
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Sports Apr 03, 2026

Thunder Thrash Lakers 139-96, Deal Crushing Blow to LA's Winning Streak and Luka Doncic's Health

The Oklahoma City Thunder handed the Los Angeles Lakers a humiliating 139-96 defeat, snapping LA's …
The Oklahoma City Thunder delivered a 43-point blow to the Los Angeles Lakers, defeating them 139-96 in a game that will be remembered for its one-sidedness and the injury to Luka Doncic. The Thunder's fourth consecutive win and 16th victory in 17 games showcased their dominance, while the Lakers' four-game winning streak came to an abrupt end.Shai Gilgeous-Alexander led the Thunder with 28 points, complemented by Luguentz Dort's all-around performance and Jalen Williams' impressive stats of 10 points, nine rebounds, and eight assists. The Thunder controlled the game from the outset, building a double-digit lead within four minutes that never dipped below nine points thereafter.The game's most concerning moment came when Luka Doncic suffered a strained left hamstring in the second half. The Lakers' star player will undergo an MRI on Friday to determine the extent of the injury. Doncic's night was already off, as he missed his first four field goals and finished with just 12 points on 3-of-10 shooting, tied for his second-lowest scoring game of the season.The Lakers' worst loss since November 2023 was compounded by the fact that they were outplayed in every facet. Austin Reaves led the Lakers with 15 points, but it was a night to forget for the team as a whole. The Thunder's 139 points were the most surrendered by the Lakers this season, highlighting their defensive struggles.
#Oklahoma City Thunder #Los Angeles Lakers #Luka Doncic
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News Apr 03, 2026

Colorado Election Clerk Tina Peters Faces New Sentence After Appeals Court Overturns Nine‑Year Prison Term

A Colorado appeals court has vacated the nine‑year prison sentence of former Mesa County clerk Tina…
An appellate panel in Colorado has ordered a new sentencing hearing for former Mesa County clerk Tina Peters, whose original nine‑year prison term was overturned on procedural grounds. The three‑judge panel ruled that the trial court improperly considered Peters's personal belief in alleged 2020 election fraud when determining her punishment, rendering the sentence invalid. While the conviction for assisting an out‑of‑state actor in accessing and copying Mesa County voting‑machine data remains intact, the court emphasized that the sentence, not the guilt, was flawed. "The trial court’s comments about Peters’s belief in the existence of 2020 election fraud went beyond relevant considerations for her sentencing," the opinion read. Judge Matthew Barrett, who previously described Peters as a “charlatan” peddling “snake‑oil” claims, was specifically cited for remarks that the appeals court deemed extraneous to the sentencing decision. Peters was found guilty in August 2024 of facilitating the theft of election‑system files for a person linked to efforts to overturn former President Donald Trump's 2020 loss. The stolen copies were later disseminated on social media, fueling the broader election‑denial movement. In December, President Trump issued a pardon for Peters. However, the appellate court clarified that a presidential pardon cannot override state convictions, stating, "We have found no instance where the presidential pardon power has been stretched in such a way as to invade an individual state’s sovereignty." Governor Jared Polis of Colorado has hinted at the possibility of clemency, though no formal action has been announced. The case continues to serve as a rallying point for Trump supporters who claim the 2020 election was riddled with fraud, a narrative that persists despite the former president’s re‑election in 2024 and ongoing legal scrutiny.
#trump #court #election
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Tv And Radio Apr 03, 2026

Jon Hamm dazzles in the high‑stakes second season of Apple TV+’s ‘Your Friends & Neighbours’

The second season of Apple TV+’s dramedy ‘Your Friends & Neighbours’ deepens its satire of ultra‑we…
‘Your Friends & Neighbours’ returns for a second season that doubles down on its deliciously dark satire of the ultra‑rich enclave of Westport, New York – a thinly veiled stand‑in for Westchester’s high‑finance playground. The series remains a “rich dessert” of a show: indulgent, a little unhealthy, but undeniably moreish.Jon Hamm reprises Andrew “Coop” Cooper, a former Manhattan hedge‑fund star who now survives by burgling the opulent homes of his equally extravagant neighbours. Coop’s charisma is built on a blend of oak‑like steadiness and a perpetual tumbler of $500 whisky, allowing him to charm both victims and collaborators. Unlike Don Draper’s secret shame, Coop’s anxiety is a quieter, more comedic driver that fuels the season’s caper.Season two opens with Coop, now approaching fifty, injuring his back while rifling a mansion’s study. The mishap forces him to rely on his longtime lookout Elena (Aimee Carrero) and brings a new, reluctant ally into the fold. Meanwhile, the arrival of the flamboyant billionaire Owen (James Marsden) rattles the delicate Westport ecosystem, adding fresh tension to the criminal enterprise.The narrative also shifts focus to the personal toll of wealth. Coop’s ex‑wife Mel (Amanda Peet) navigates perimenopause and the looming emptiness of her children leaving for college, while their daughter Tori (Isabel Gravitt) deliberately flunks a Princeton interview, railing against the university as a “engine of rigged, corrosive capitalism.” This scene underscores the show’s satirical edge, reminding viewers that the glittering excess is built on fragile foundations.Despite its glossy façade, the series offers unexpected emotional depth. Hamm and Peet convey a wistful sadness that resonates beyond the bank‑balance zeros, suggesting that middle‑aged ex‑lovers remain bound by past mistakes. The season balances heist thrills with moments of genuine heart, positioning the show as a guilty‑pleasure dramedy that “gets away with it.”Your Friends & Neighbours is currently streaming on Apple TV+.
#his #coop #your
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Sport Apr 03, 2026

Max Ojomoh vows to ‘choose greatness’ as Bath chase Champions Cup quarter‑final while England snub looms

After earning man‑of‑the‑match honours against Argentina, Max Ojomoh was dropped from England’s Six…
Bath’s historic Farleigh House training centre has been spruced up this week with black flags fluttering alongside a new “Choose Greatness” banner, signalling the club’s ambition as they approach a Champions Cup last‑16 tie with Saracens. For Max Ojomoh, the atmosphere feels like a personal challenge. Just weeks after collecting the Man of the Match award for his decisive performance against Argentina, the 25‑year‑old found himself omitted from Steve Borthwick’s Six Nations squad. Ojomoh believes that a dominant display for Bath – especially after the 62‑15 demolition of Saracens in the Premiership – could revive his England prospects, but he also acknowledges that national selectors may have a specific back‑line profile in mind for the upcoming World Cup. Reflecting on his Argentina heroics, Ojomoh said, “If that was my final Test, I’m happy to have left a mark on international rugby.” Yet the disappointment of watching England lose to Ireland from a Moroccan pub underscores how close the margins are for a player on the fringe. He explained the selection dilemma: with centre Ollie Lawrence returning from injury, the squad needed a more physical ball‑carrier, and Ojomoh’s role as a second‑receiver/playmaker meant he was the one to make way. England’s coaching staff have asked him to sharpen three key areas – post‑contact metres, defensive intensity and overall work‑rate. While these are valid targets, Ojomoh points out that few English centres combine his blend of pace, vision and creative kicking. Back at Bath, his partnership with newly‑signed Finn Russell has blossomed. “When we signed Finn, I didn’t expect us to think alike on attack,” Ojomoh remarked, highlighting a shared instinct that fuels his confidence. Coach Johann van Graan’s influence is evident, with the club’s motivational signage and a focused training environment that Ojomoh describes as “single‑minded”. He hopes the upcoming match will provide a platform for a first home Champions Cup quarter‑final since 2002. Family wisdom also plays a role; his father, former England centre Steve Ojomoh, reminded him that “the cream always rises to the top”. With a business degree from the University of Bath and a hobby of online chess, the younger Ojomoh is aware that consistent club performances could shift national perception. Looking ahead, Ojomoh is determined to make the 2027 World Cup squad. He admits that obsession over selection can be self‑destructive, emphasizing the need for mental clarity and playing with the same confidence he shows in his head. As Bath prepares for the high‑stakes clash with Saracens, Ojomoh’s mantra remains clear: choose greatness, stay true to his strengths, and let his on‑field X‑factor speak for itself.
#you #his #there
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Sports Apr 03, 2026

Arsenal boss Mikel Arteta calls Carabao Cup loss a ‘ball of poison’ and vows to turn pain into silverware

Mikel Artura admitted the Carabao Cup final defeat to Manchester City left him with a lingering sen…
Arsenal’s loss to Manchester City in the Carabao Cup final has haunted manager Mikel Arteta ever since the 2‑0 defeat at Wembley, where Nico O’Reilly scored both goals to crush the Gunners’ quadruple hopes.Artura described the aftermath as “a ball of poison in my stomach”, saying the feeling could linger for “the next 30 years” unless he channels it into improvement.He emphasized that the pain must be converted into motivation to secure silverware before the season ends, insisting the sting of the loss will remain a driving force for weeks, months and years to come.In the wake of the final, Arteta faced criticism for keeping Kepa Arrizabalaga in goal despite the keeper’s error that led to the first goal. The manager defended his choice, stating, “I never judge a player solely on an error; attitude and behaviour matter 100%.” He added that Arrizabalaga’s experience makes him ready for the upcoming FA Cup sixth‑round clash with Southampton.Artura also hinted at his selection criteria for the Southampton match, joking that the goalkeeper would be “European, under 32, right‑footed and speaks at least two languages.” While David Raya started the Carabao Cup final, the Spaniard is expected to feature again in the FA Cup run.Regarding squad availability, Arteta confirmed that Declan Rice is operating at only 70% fitness, a condition that has persisted for some time, and noted that Piero Hincapié and Noni Madueke will miss the Southampton game. He left open the possibility that Martin Ødegaard and Jurrien Timber could feature.Addressing criticism over the number of international withdrawals, Artura said, “It’s part of the narrative, but we’ve dealt with similar situations before; we’ll see who is available tomorrow and adjust accordingly.”
#arteta #his #arsenal
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Sport Apr 03, 2026

Duke Freshman Cameron Boozer Wins AP Player of the Year, Joining Elite Freshman Hall of Fame

Cameron Boozer became only the fifth freshman to capture the Associated Press men’s college basketb…
Cameron Boozer earned the Associated Press men’s college basketball Player of the Year honor, marking the fifth time a freshman has captured the award and the second consecutive year a Duke freshman has done so. The 6‑foot‑9 forward was a cornerstone of a Duke squad that posted 35 victories, topped the AP Top 25 poll, secured the No. 1 overall seed for March Madness and advanced to the Elite Eight. Boozer’s versatility—scoring against physical defenses, stretching the floor with perimeter shooting, and facilitating the offense—proved decisive throughout the campaign. Joining the ranks of Cooper Flagg (2025), Zion Williamson (2019), Anthony Davis (2012) and Kevin Durant (2007), Boozer joins a short list of freshmen who later became top‑two NBA draft picks. He noted, “It’s not just about me; the team’s success amplifies these recognitions.” In the AP voting, Boozer secured 59 of 61 votes, with the remaining two cast for BYU freshman AJ Dybantsa, who averaged a national‑best 25.5 points per game. Statistically, Boozer averaged 22.5 points (ninth in Division I) and 10.2 rebounds (twelfth), while dishing out 4.1 assists. His shooting efficiency stood at 55.6% from the field and 39.1% from three‑point range**, and he tied for the national lead with 22 double‑doubles. These numbers underscore his readiness for the professional level. Highlights of his season include a career‑high 35 points against Arkansas, a 29‑point effort versus defending champion Florida, and a dominant 18‑point, 15‑rebound performance against Michigan State. Even in Duke’s season‑ending loss to UConn, Boozer contributed 27 points despite a swollen right eye from an early‑game blow. Duke associate head coach Chris Carrawell praised Boozer, saying the program has been “fortunate to have two of the best freshmen ever play back‑to‑back,” and placed him “right up there” with the sport’s recent legends. In related honors, Fred Hoiberg was named AP Coach of the Year after guiding Nebraska to a breakthrough 28‑win season.
#boozer #duke #top
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Sports Apr 03, 2026

Channel 4 Revamps the Boat Races with Fresh Talent and Innovative Coverage

Channel 4 is taking over the broadcasting rights for the Boat Races, marking a new era for the even…
Channel 4 is poised to shake up the traditional Boat Races with its debut coverage of the event, bringing a fresh perspective and new talent to the table. The network has acquired the broadcasting rights from the BBC, signaling a significant change in the event's media landscape. The Boat Races, a storied competition between Oxford and Cambridge universities, has been a staple of British sport since 1829. This year's event promises to be exciting, with Oxford's Heidi Long, a bronze medalist in the women's eight at Paris 2024, leading the charge against Cambridge's dominant women's team. Clare Balding, previously the face of the BBC's coverage, will continue as presenter, joined by newcomers Jamie Laing, a reality TV star and Radio 1 DJ, and Ade Adepitan, a TV presenter and Londoner. The on-screen team aims to bring a new dynamic to the event, appealing to a younger demographic. The production company, FilmNova, brings four years of experience from BBC broadcasts and has planned several innovations, including relatable comparisons and humanizing the rowers. One highlight is a 'fantasy boat' featuring well-known sportspeople, such as Serena Williams and Frankie Dettori. The Boat Races also shed light on pressing issues like Thames Water's mismanagement and sewage pollution in Britain's waterways, adding a layer of depth to the event. As Channel 4 takes the reins, the athletes can focus on their goals, with Long and her Oxford teammates striving to end Cambridge's eight consecutive wins. Heidi Long's remarkable story, balancing rowing with medical studies and personal loss, exemplifies the dedication and resilience of the athletes. Her leadership and experience are seen as key factors in Oxford's bid for victory.
#Channel 4 #Boat Race #Clare Balding
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