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Closing the Strait of Hormuz has choked a vital artery that carries roughly one‑fifth of the world’s crude oil and LNG, sending energy prices soaring and unsettling global trade. Even if the waterway reopens tomorrow, analysts say the ripple effects will endure for months. Nils Haupt, senior director of corporate communications at German carrier Hapag‑Lloyd, told Al Jazeera that the end of hostilities does not equate to the end of logistics challenges. “Once the bombardments stop, the real work begins,” he said, noting that hundreds of vessels will scramble for berths in Persian Gulf ports, creating a prolonged bottleneck for containers and bulk cargo. According to the International Maritime Organization, about 2,000 ships are currently stranded because of Iran’s partial blockade, with only a handful of vessels from “friendly” nations granted passage. Maritime‑intelligence firm Windward estimates that roughly 400 of those ships are anchored in the Gulf of Oman, waiting for a green light. Diverted traffic has already forced many carriers to reroute via the Suez Canal or take the far longer Cape of Good Hope passage, inflating transit times and costs for shipments bound for Asia and Europe. Oil exports from Saudi Arabia are now being sent around the Red Sea, bypassing the strait entirely. Svein Ringbakken, managing director of the Norwegian Shipowners’ Mutual War Risks Association, cautioned that even with ports operating at full capacity, clearing the backlog of oil, gas and other goods will take months. He added that repeated attacks on regional energy and transport infrastructure have compounded the problem. The International Energy Agency reports that more than 40 energy assets across the Middle East have suffered “severe or very severe” damage, prompting companies such as QatarEnergy, Kuwait Petroleum Company and Bahrain’s Bapco Energies to declare force majeure. Beyond the immediate loss of flow, the shutdown has disrupted exports of petrochemicals, fertilisers and raw materials essential for plastics production, further straining global supply chains. Industry leaders warn that the risk landscape has fundamentally shifted. SV Anchan, chairman of US‑based logistics group Safesea, highlighted the rise of asymmetric threats, including unmanned vessel attacks, which have already accounted for at least 18 confirmed assaults since the conflict began. “A full reopening will only bring normalcy after a sustained period of stability and credible security guarantees,” Anchan said. Insurance costs have exploded as a result. Marco Forgione of the Chartered Institute of Export & International Trade noted that hull and cargo premiums have surged up to 300 %, a pressure point that could force shipping firms to curtail operations if rates remain high. Oscar Seikaly, CEO of NSI Insurance Group, stressed that war‑risk coverage will only normalize when a “truly permanent” security solution is in place, not a partial one. Recent data from Lloyd’s List show that a few vessels have managed to obtain Tehran’s permission to transit, with one ship reportedly paying $2 million for the right to pass. Iranian lawmakers have also moved to formalise transit fees for the strait. Nick Marro, lead global‑trade analyst at the Economist Intelligence Unit, warned that the security guarantees demanded by shippers may be hard to meet, citing the volatile Red Sea experience where commercial traffic remains below pre‑2023 levels. Marro predicts that the Hormuz shutdown will accelerate a broader trend of route diversification, similar to the supply‑chain shifts triggered by the COVID‑19 pandemic. “Geopolitical uncertainty will become a permanent feature of risk management, not a temporary reaction,” he said. Seikaly echoed this outlook, suggesting that exporters will increasingly explore alternative corridors for strategic and political reasons, ultimately reducing traffic through the Strait of Hormuz over the long term.

President Donald Trump has made a bold statement regarding the ongoing conflict with Iran, suggesting that the US could potentially end the war within two to three weeks. He emphasized that a deal is not a prerequisite for the US to withdraw from the conflict, indicating a possible shift in his diplomatic approach.Trump's comments come amid rising tensions and escalating energy prices, with domestic petrol prices in the US jumping past an average of $4 a gallon. The conflict has disrupted energy supplies and shaken the global economy, with Iran's attacks on Gulf oil facilities and its continued control over fuel supplies through the Strait of Hormuz, a vital waterway through which one-fifth of the world's oil and liquified natural gas passes.In a surprising move, Trump has criticized allied countries for not providing sufficient support in the conflict. He took aim at countries like the UK, telling them to either buy US fuel or get involved in the rapidly escalating war. 'Go get your own oil!' he stated, emphasizing that the US wouldn't be there to help them anymore.Trump's statements have been met with caution by experts, who note that it would not be easy for him to simply walk out of a conflict that has spread across the region and resulted in thousands of deaths. Trita Parsi, a foreign policy expert, suggested that Trump's comments should be treated with skepticism, predicting that the timeline for the conflict would likely continue to be extended.The conflict has also drawn in other countries, with Israeli Prime Minister Benjamin Netanyahu arguing that the war on Iran was 'definitely beyond the halfway point.' The situation remains volatile, with experts warning that Iran will continue to control the Strait of Hormuz and potentially continue to target it.

The rising cost of gaming consoles and components, such as the recent £90 price hike of the PlayStation 5, can be attributed to the growing demand for computing power driven by artificial intelligence (AI) data centers. This surge in demand has led to increased prices for RAM and storage, affecting not only console manufacturers like Sony but also PC gamers.AI data centers require massive amounts of computing power to present information, which has driven up the demand and pricing for critical components. The 30% rise in the cost of living over the past half-decade, coupled with Nvidia's market cap hitting £5 trillion, highlights the significant economic impact of AI investment.The situation is further complicated by global economic disruptions, including the wars in Ukraine and Iran, which have contributed to rampant inflation. The video game industry, including major players like Valve, Nintendo, and Sony, is feeling the strain. Valve has run out of Steam Decks, and Nintendo has raised the price of physical games by $10 in the US.Critics argue that the focus on AI is misguided and that it doesn't need to be this way. As Chris Person notes, "I'm tired of these useless jackasses making the computer expensive." The emphasis on AI over consumer needs has led to frustration among gamers, who feel that technology is being forced into everything, making desirable products prohibitively expensive.The article concludes that the issue isn't just about Sony's greed but an indication of a closed economic system in big tech, which prioritizes profits over consumer needs. This shift has resulted in consumers paying more for products like the PlayStation 5 so that a select few can benefit financially from AI advancements.

Turkey's football team has qualified for the World Cup under the leadership of coach Vincenzo Montella, achieving a milestone that had eluded them for two decades. Montella's team secured a win against Kosovo in a playoff match, with Kerem Akturkoglu scoring the decisive goal in the 53rd minute.The Turkish team's journey to the World Cup has been marked by progress and determination, with Montella's guidance playing a crucial role in their success. The team's performance has been characterized by a disciplined midfield and a solid central defense, marshaled by Abdulkerim Bardakci.Montella expressed his excitement and pride in the team's achievement, stating that they will continue on a beautiful path together. The team's star player, Kenan Yildiz, shone in the match against Kosovo, showcasing his burgeoning talent.The World Cup group stage draw has pitted Turkey against USA, Australia, and Paraguay. While the team's chances are uncertain, Montella's macho approach and the team's steadiness and toughness could make them a formidable opponent.Kosovo, despite their valiant effort, were unable to secure a spot in the World Cup. However, their rising football development and young talent make them a promising team to watch in the future.

The families of British citizens held in the United Arab Emirates over allegations that they shared images of the conflict with Iran have expressed frustration at the British government's failure to help.Several British citizens are among more than 100 foreign nationals who have been detained under draconian Emirate rules that outlaw publishing or sharing material that could 'disturb public security'.UK government ministers have refused to condemn the arrests, amid claims they are too fearful of offending the Emirates because of their economic clout.The campaign group Dubai Watch, which is supporting nine British detainees, said their identities could not be revealed for fear of reprisals. But it has shown the Guardian anonymised correspondence from their increasingly anxious families.A mother whose daughter is being held wrote: 'This experience is exhausting, mentally and emotionally.'She described reading media reports about the continuing conflict in which Iran has retaliated against US and Israelis strikes by firing drones and missiles against its Gulf neighbours, including the UAE.She said: 'I have just read another article, and quite frankly I could do one purely on the inadequacies and sycophantic responses from this [UK] embassy.'She also expressed increasing fears for her daughter's safety as attacks continued. The mother said: 'I spoke to [my daughter] last night and they are no longer allowed to go outside in the courtyard as it's now deemed too dangerous to do so. This is an even bigger worry as they are all just sitting ducks.'Another message from a woman whose husband had been detained under the same law said the case had been 'mishandled'. She added: 'We are scared because nobody is telling us the truth. Can you please help us.'Police in Abu Dhabi said those detained had 'filmed sites and events and disseminated inaccurate information via social media platforms during the ongoing events, an action that could stir public opinion and spread rumours among community members'. In a statement, the officials said these 'violations' amounted to a 'misuse of social media'.Daisy Cooper, the deputy leader of the Liberal Democrats, confirmed that one of the detainees was a St Albans' constituent. She said their family was frustrated by the lack of consular help.Cooper told the Guardian: 'I'm deeply concerned that my constituent has been held with very little contact with their family, with no clear access to legal counsel, and no confirmation that UK consular officials have been permitted to visit them. The family are distressed and desperate for information about their wellbeing.'Cooper also criticised the UAE's round-up of anyone it has accused of sharing images of the conflict. She said: 'The response from the authorities appears wholly disproportionate given the nature of the allegations.'The Foreign, Commonwealth and Development Office confirmed that five UK nationals were receiving consular assistance in the UAE.David Haigh, a human rights lawyer and founder of Dubai Watch, said: 'There's an awful lot more than five cases. The embassy is overwhelmed.'He added: 'There hasn't been any government intervention because it would offend the UAE and they don't want to do that. Impotent is the best way to describe the response. They're too scared – it's all about the money and investment from the UAE.'

Recent commentary on the Iran school bombing rightly challenges the knee‑jerk tendency to blame artificial intelligence for the tragedy. The deeper issue, however, lies in the emerging linguistic habit of labeling incidents as "AI errors," which subtly removes the human actors from the narrative.When responsibility is shifted from people to systems, moral accountability becomes vague. Human designers, authorisers and operators remain the decision‑makers, even if the technology automates the final act. Concealing this fact is not a technical flaw; it is a civic failure that hampers accountability.Beyond accelerating warfare, AI is fostering a subtler shift: using automation as an alibi. If public discourse cannot pinpoint who acted, the public cannot hold anyone to account.Critics also note that the language used to describe rogue AI agents—terms like “connived,” “lied,” or “cheated”—anthropomorphises machines and further obscures responsibility. As Dr. Felicity Mellor of Imperial College London observes, such phrasing assigns moral agency to large language models instead of the people who deploy them.Consider a hypothetical where a company releases high‑speed vehicles without functional brakes. We would not say the cars "connived" to cause accidents; we would blame the company’s reckless leadership. Similarly, if uncontrolled AI ever harms civilians, we must be able to hold technology firms and the governments that endorse them accountable, which requires clear attribution of moral agency in our language.Anthony LawtonMarket Harborough, LeicestershireDr. Felicity MellorDirector, Science Communication Unit, Imperial College London

The UK is bracing for a potential third inflationary shock in less than a decade as the conflict between Iran and the US threatens to disrupt oil supplies. The Strait of Hormuz, a critical waterway for global oil supplies, is at risk of being blocked, which could lead to a significant increase in oil prices. The impact of such a disruption would be felt globally, with Asia being particularly affected as it buys 80% of the oil transported through the strait. Countries in the region are already experiencing the effects, with governments imposing limits on driving and shortening working weeks to conserve energy. Populations are struggling with dramatic hikes in food prices and shortages of petrol and diesel. In Bangladesh, the government reportedly believes it will run out of oil and gas within weeks. To conserve fuel, some temples in Thailand have stopped cremations. The energy-supply storm may well hit the UK's shores just before next month's elections, prompting Keir Starmer to call Cobra meetings and Rachel Reeves to summon business leaders into Downing Street. The poorest households will be hit hardest by the inflationary shock, with food producers predicting prices will rocket nearly 10% this year. According to calculations done exclusively for this column by the Energy and Climate Intelligence Unit (ECIU), that will add £127 to the average household's annual food bill. However, the ECIU also notes that because the poorest spend proportionately more of their money on food, they will be hit far worse. The author suggests that the UK needs to adopt a more progressive approach to utility pricing, with a move away from fossil fuels and from the current system of ownership. The days of relying on a growth miracle are over, and the UK needs to focus on addressing the inequality and regressive utility pricing that will exacerbate the impact of the inflationary shock.

According to reports from Bloomberg and the Wall Street Journal, SpaceX has quietly lodged a confidential registration statement with the U.S. Securities and Exchange Commission, signaling its intention to go public. The filing could set a valuation ceiling of $1.75 trillion, positioning the offering among the most valuable ever attempted. Regulators will now review the disclosed financials before the prospectus becomes public. Analysts anticipate that the IPO could be priced as early as June 2026, a timing that aligns with what industry observers describe as a “banner year” for mega‑cap listings. The move also coincides with rival AI firms—OpenAI, which recently closed a $122 billion funding round, and Anthropic—preparing their own public debuts. SpaceX’s parent, Elon Musk, already the world’s wealthiest individual, stands to increase his net worth further, potentially edging toward the elusive trillion‑dollar milestone. The public offering would also provide a clearer picture of a company that has become the cornerstone of both commercial spaceflight and satellite broadband. Beyond rockets, SpaceX’s Starlink satellite network now accounts for more than half of the firm’s revenue, according to Reuters. The service not only fuels the company’s earnings but also extends Musk’s geopolitical influence, with customers ranging from the Ukrainian military to remote communities worldwide. In February, SpaceX completed the acquisition of Musk’s artificial‑intelligence venture xAI, a deal that valued the AI unit at roughly $250 billion. The purchase is tied to plans for solar‑powered data centers in orbit, intended to meet the soaring compute and energy demands of the AI boom. The company’s financial details remain tightly guarded, and a full disclosure is expected only after the SEC clears the filing. International banks, including the UK‑based Barclays, have been tapped to manage the offering, underscoring the global scale of the transaction. SpaceX’s deepening ties with the U.S. government—spanning defense contracts and the majority of NASA’s launch schedule—further cement its strategic importance. As the firm pivots toward orbital data centers and supports NASA’s upcoming lunar missions, the traditional narrative of colonising Mars has taken a back seat.

Oracle, a US technology company with a market value of $420bn, has begun cutting thousands of jobs as it seeks to reassure investors that its bet on AI infrastructure will pay off. The company, which has a workforce of 162,000, has reportedly let go of around 10,000 people so far.The job cuts, which were announced via email, affect various roles including senior engineers, architects, operations leaders, program managers, and technical specialists. Oracle's decision to reduce its workforce comes as it steps up spending on datacentres, key infrastructure for developing and operating AI systems, in an effort to better compete with cloud rivals such as Alphabet and Amazon.Oracle's plans include a $300bn datacentre deal with OpenAI, the developer of ChatGPT. However, investors have grown concerned about the billions of dollars of expenditure attached to its plans, which includes raising $50bn in new debt. In a March filing, Oracle said it expected total costs tied to its 2026 restructuring plan to reach up to $2.1bn, largely owing to redundancies and related expenses.The job cuts are part of a broader trend in the tech industry, with over 70 tech companies cutting around 40,480 jobs so far this year, according to the tech redundancy site Layoffs.fyi. This trend is driven by companies reallocating resources towards artificial intelligence, heightening fears of AI-driven disruptions among workers.