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The recent ceasefire between the US and Iran offers a glimmer of hope for the energy crisis that has been exacerbated by the conflict in the Strait of Hormuz. However, the deal's stability is already being questioned, with Iran claiming that Israel's attacks on Lebanon breach the agreement. Even if the ceasefire holds and hundreds of tankers stranded in the Gulf start to transit once more, analysts fear that it will not be enough to return the flow of oil, gas, chemicals, and other vital items to pre-crisis levels. An estimated 2,000 vessels with about 20,000 seafarers onboard have been trapped in the Gulf since the outbreak of the conflict. Shipping analysts and owners have cautioned that even a temporary ceasefire does not provide a sufficient guarantee that it is safe to make the passage, particularly because Iran's foreign minister has stated that transit will be under Iranian military management. Many questions remain for shipowners and their captains over whether it is safe to navigate through the strait. The disruption has been compounded by the forced shutdown of oil and gas production across the Gulf as storage facilities reached capacity. In addition, many key energy production sites have been damaged by drone attacks. Experts have said it could take months or years to fully restore the Gulf's energy production. Energy markets have fallen sharply on the hope that millions of barrels of crude oil and gas trapped in the Gulf could soon help to relieve a crisis that the International Energy Agency has said is more serious than the energy flashpoints in 1973, 1979, and 2022 combined. However, traders are also expected to price in a continuing 'geopolitical risk premium' to reflect uncertainty over whether the ceasefire will hold.

Riccardo Calafiori, the Italy defender for Arsenal, has found solace in the team's recent Champions League victory against Sporting, which has reignited their trophy hopes. The win came after a tough couple of weeks for Calafiori, who was part of the Italy squad that failed to qualify for the World Cup for the third consecutive time.Calafiori reflected on the painful period for both his country and club, where Arsenal suffered successive defeats either side of the World Cup qualification failure. However, he emphasized that the beauty of football lies in its unpredictability and the opportunity to bounce back. “It’s been tough, but that is the beauty of football: it is 100% better now,” Calafiori stated.The defender acknowledged that the defeat to Southampton in the FA Cup and the broader disappointment of the period had been challenging. Yet, he expressed gratitude for the chance to play against Sporting just three days later, which helped him shift focus away from the negativity. Calafiori mentioned that while the World Cup failure might have given him more desire to succeed at the club level, he remains disappointed and sad.Arsenal's recent performance was marked by goalkeeper David Raya's heroics, who made crucial saves to secure a 1-0 win against Sporting. This victory was a significant confidence booster for the team, especially with Kai Havertz scoring the winning goal in injury time. Calafiori praised Raya, stating that his return to the lineup after being rested had engendered confidence in the defence.Looking ahead, Calafiori and Arsenal are set to face Bournemouth in the Premier League, an opportunity to extend their lead at the top of the table to 12 points before Manchester City travels to Chelsea. Calafiori emphasized the importance of every upcoming game, stating, “Every game is really important now.”

Footage captured on the streets of Tehran shows small groups of citizens gathering around Enghelab Square – a historic rally point for pro‑regime supporters – some waving Iranian flags, others draped over their backs. The atmosphere is far from uniform; debates and arguments erupted shortly after the ceasefire announcement, reflecting a spectrum of emotions from shock to tentative hope.The video, posted by Majid Nouri – son of former prison official Hamid Nouri – includes his running commentary. He notes that the discussions began around 3 a.m. and continued into the morning, with participants expressing both anger and disbelief. "In no way do we trust America," Nouri declared, echoing a sentiment he says is shared by virtually every Iranian.Pro‑government demonstrators were heard chanting "Death to America, death to Israel, death to compromisers!" and burning U.S. and Israeli flags, according to the Associated Press. The chants persisted despite attempts by organizers to calm the crowd, underscoring the depth of anti‑Western feeling among hardliners.While the ceasefire halted active hostilities, the war has already claimed at least 1,900 lives in Iran. With internet services largely blacked out, gauging the broader public mood is challenging, but pockets of Tehran reported subdued celebrations in the early hours of Wednesday.Local resident Ali, a 31‑year‑old, summed up the prevailing uncertainty: "Most people here don’t trust the US and still don’t know exactly what is going to happen, so they are unsure whether they should be happy or worried." He warned that the ceasefire’s two‑week duration offers no guarantee of lasting peace.Business owners are beginning to test the waters. Hamid, a 43‑year‑old shopkeeper whose grocery and cleaning‑supplies store closed after the February bombings, said, "Today feels like there is no war," and he has reopened his shop, hoping to recover lost income for his family.Iranian officials are framing the pause as a diplomatic victory. Former foreign minister Ali Akbar Velayati posted on X that the conflict has reshaped the global power balance, positioning Iran within a new multipolar order. President Masoud Pezeshkian praised the ceasefire as the fruit of the blood of Iran’s “great martyred leader” and the collective will of the people.Strategically, the ceasefire highlights Tehran’s ability to disrupt the vital Strait of Hormuz, a chokepoint for global oil shipments. Analysts note that this leverage could bolster Iran’s negotiating stance, even as former U.S. President Donald Trump previously warned that a full‑scale clash would threaten "a whole civilisation." As sunrise illuminated the capital, daily life resumed with shops reopening and traffic returning to the streets, yet the prevailing mood remains a blend of exhaustion, cautious optimism, and lingering mistrust of the United States.

Jason Tarry, the CEO of John Lewis Partnership, which owns John Lewis and Waitrose, saw his basic pay rise by 21% to £1.2m in the year to January. This increase comes as the retailer announced significant job cuts, with 3,300 positions eliminated.Tarry's total pay package, including a £22,700 annual bonus, reached almost £1.26m. This substantial increase is part of a broader restructuring effort at the company, which has been facing challenges in the retail sector.The John Lewis Partnership, a staff-owned business, has been undergoing significant changes, including reducing its workforce from 69,000 to 65,700 employees. The company has attributed most of the reduction to natural attrition, with fewer than 0.5% of partners leaving through redundancy.Despite the job cuts, the total pay for key management, including directors, remained steady at £8m. Tarry was the highest-paid director, reflecting his combined role as chairman and CEO.The company has been exploring ways to operate more efficiently, including the use of electronic shelf labels and AI technology. However, it has not commented on potential future job cuts.In a positive note, John Lewis Partnership paid an annual bonus to workers in March for the first time in four years, following a 6% rise in underlying profits. Each worker, including Tarry, received a bonus equivalent to 2% of their salary.

Paris Saint-Germain dominated Liverpool in the Champions League quarter-final first leg, securing a 2-0 victory at the Parc des Princes. The gulf in quality between the two teams was evident throughout the match, with PSG creating numerous scoring opportunities.The hosts took the lead through a fortunate deflected strike from Désiré Doué, which looped over Liverpool goalkeeper Giorgi Mamardashvili. The Georgian goalkeeper made a vital contribution to prevent further damage at halftime, producing a fine save to tip away a Khvicha Kvaratskhelia shot that was heading towards the bottom corner.PSG extended their advantage in superb style through Kvaratskhelia, who held off Liverpool midfielder Ryan Gravenberch, rounded Mamardashvili, and converted into an unguarded net. The win leaves Liverpool facing a tough task to overturn the deficit in the second leg.

Delta Air Lines chief executive Ed Bastian told investors that customers should expect higher airfares as oil prices climb in response to the ongoing US‑Israel conflict with Iran. The carrier has already absorbed an additional $330 million in fuel costs and anticipates a further $2 billion increase in fuel expenses for the current quarter. Despite the cost pressure, Delta forecasts a 10% rise in revenue, citing robust passenger demand that it describes as a "healthy" travel environment. Bastian noted that the surge in demand is especially strong among affluent travelers who continue to purchase premium‑class seats. Other U.S. airlines have begun raising baggage fees, attributing the move to volatile fuel markets. Bastian suggested that such fee hikes could become a permanent feature of airline pricing, adding that "at this level of fuel pricing, it’s hard to call anything temporary." Oil markets showed a brief reprieve after Iran announced the reopening of the Strait of Hormuz under a two‑week cease‑fire agreement with the United States. Brent crude fell from roughly $110 per barrel to just under $95 per barrel, yet prices remain about $20 per barrel above pre‑conflict levels. U.S. carriers have felt the ripple effects of the conflict. Since the start of the year, American Airlines shares have slipped about 25% and United Airlines about 13%. United’s CEO, Scott Kirby, warned that fares could climb as much as 20% if fuel costs stay elevated, even as airlines strive to keep demand strong. Delta’s stock, which surged 17% last year, has been flat so far in 2026, reflecting both consumer resilience and the headwinds from the conflict. The shares did gain 6% in early trading on Wednesday. To mitigate fuel consumption, Delta plans to trim capacity on lower‑load midweek and overnight routes, mirroring a similar capacity‑reduction announcement from United earlier in the month. Bastian also highlighted that Delta has benefited from a "K‑shaped" economic recovery, where wealthier consumers continue to spend on travel while lower‑income households curb discretionary spending. "Our customers at the top of the K are still investing in travel," he told CNBC, emphasizing that premium travel remains a priority for this segment.

Leicester City's bid to overturn a six-point deduction has been unsuccessful, leaving the club's survival hopes in jeopardy. The Foxes were initially docked points by an independent commission in February for breaching English Football League financial rules, which dropped them from 17th to 20th in the Championship table.Despite their appeal, Leicester have now slipped to 22nd place, a point adrift of safety with just five fixtures remaining. This development has heightened concerns that the club, currently managed by Gary Rowett, could be relegated to League One, a decade after their Premier League triumph.In a statement, Leicester acknowledged the appeal board's decision, stating: “We acknowledge that an independent commission’s decision to recommend a six-point deduction on the club this season has been upheld by an independent appeal board.” The club emphasized their focus on the remaining matches and thanked supporters for their backing.The Premier League initially charged Leicester in May 2025 for profitability and sustainability breaches related to the 2023-24 season. The independent commission found Leicester guilty of breaching the EFL’s profit and sustainability rules, leading to the six-point deduction. The appeal board upheld this sanction, dismissing Leicester's challenges regarding the commission's power and the level of the penalty.

Miles Jupp, a well-known actor, writer, and comedian, recently shared his thoughts on how the 2005 Ashes series had a profound impact on his life. Sitting at the Oval cricket ground, a place he considers one of his favorites, Jupp reminisced about the life-changing experience of watching the final day of the series on September 12, 2005. Jupp was in his early 20s at the time, working as a standup comedian and actor. He had won the So You Think You're Funny? competition in 2001, which helped launch his career. However, it was the 2005 Ashes that truly altered his path. The series, which ended with England's first victory in 18 years, sparked something in Jupp. He recalls feeling inspired by the journalists in the press box and decided that he wanted to be part of that world. Jupp's passion for cricket and his desire to be part of the action led him to blag his way into the press corps for England's Test tour of India in March 2006. He documented his experiences in his standup show and book, Fibber in the Heat. While Jupp admits that part of him thought the experience would be good material for a story, he claims he was genuinely invested in becoming a cricket journalist. Jupp's journey as a cricket journalist was not without its challenges. He struggled to understand the workings of the press box and found it difficult to maintain the theatrical neutrality required. Ultimately, he concluded that he preferred to watch cricket as a fan, enjoying the excitement of the stands rather than the press box. Despite the difficulties, Jupp's love for cricket runs deep. He reflects on his experiences, including battling a brain tumor and undergoing surgery, and emphasizes that cricket remains massively important to him. His story serves as a testament to the power of sports to inspire and transform lives.

Rob Reiner’s 1986 film ‘Stand by Me’ transforms Stephen King’s novella The Body into a quintessential American coming‑of‑age story, echoing the timeless tone of Mark Twain’s tales. The movie, now entering its 40th anniversary, has acquired a fresh layer of melancholy following the 2025 homicide of Reiner and his spouse, Michele Singer Reiner. The narrative follows four twelve‑year‑old boys in a fictional Oregon town during the late 1950s, embarking on a secret trek to locate the body of a missing peer rumored to lie beside a railway line. Their perilous journey—marked by near‑misses with a train, a drowning episode, and a hostile junkyard dog—serves as a conduit for exploring the fragility of youth and the inevitable confrontation with mortality. At the heart of the quartet are Chris (River Phoenix), the tough leader; Teddy (Corey Feldman), scarred by an abusive father; Vern (Jerry O’Connell), the clumsy sidekick; and the introspective Gordie (Wil Wheaton), an aspiring writer haunted by his older brother’s accidental death. As an adult, Gordie is portrayed by Richard Dreyfuss, who reflects on his past while typing the story that has defined his life. The film’s moral undercurrent emphasizes that, despite the boys’ rough edges, an innate decency persists—perhaps reinforced by the looming presence of the dead boy whose fate they seek. A standout meta‑scene features Gordie’s fictional tale The Revenge of Lard‑Ass Hogan, a miniature film‑within‑a‑film that mirrors the real‑world cruelty, voyeurism, and fear the characters experience. Reiner’s direction is complemented by a soundtrack that weaves in period hits by the Chordettes and Buddy Holly, reinforcing the nostalgic atmosphere. While the story glosses over certain darker possibilities—such as the anticipated retribution from the local bully Ace (Kiefer Sutherland)—its portrayal of childhood innocence remains remarkably resonant. ‘Stand by Me’ returns to UK cinemas on 10 April 2026, offering both longtime fans and new audiences a chance to revisit a film that continues to grip hearts, now underscored by the real‑world sorrow surrounding its creator.