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Australia’s recent fuel squeeze is reshaping the second‑hand car market, with used electric vehicles (EVs) now commanding higher prices while traditional petrol and diesel models face steep discounts.MotorMetrics’ live inventory data shows that dealers have lifted prices on a range of EVs, most notably a more than 6% increase for the Tesla Model Y during the final two weeks of March. Similar upward pressure is evident for the Model 3, MG4 and Polestar 2, indicating dealer confidence that new stock will settle at these elevated levels.At the same time, the supply of used EVs is tightening, creating a classic demand‑supply imbalance that fuels price growth.Conversely, the same data reveal that many used diesel and petrol vehicles have been slashed by as much as 20%, reflecting a rapid shift in consumer preference toward electric power as fuel costs climb.Rental platform Turo reports a 70% jump in bookings for EVs and hybrids compared with the same period last year. Managing director Rob Chan describes the surge as a “unique wave of consumer interest” reminiscent only of the post‑pandemic “revenge travel” boom.Australia’s EV fleet is expanding steadily; the Electric Vehicle Council estimates that over 454,000 battery‑electric and plug‑in hybrid vehicles were on the road at the end of 2025, giving EVs roughly 13% of new car purchases. Analysts expect this share to rise further as more models enter the market and charging infrastructure improves.Economist Peter Esho warns that while oil shocks are not new, this one “could very well be one of the last”, as the current price environment makes EVs a financially sensible alternative for many drivers.Petrol prices rose almost daily throughout March across major cities, only easing after a government fuel‑excise cut. In parallel, Commonwealth Bank data shows a 161% increase in weekly loan volume for new battery‑electric vehicles in March versus February, underscoring growing consumer financing for EVs.Individual stories echo the broader trend. Sydney motorist Har Rai Singh, who rented several EVs through Turo to test long‑distance capability, says he now sees little reason to stick with a combustion engine, noting that “people are waiting for petrol pumps and paying over $100 to fill a tank – it doesn’t make sense any more to hold on to a combustion engine.”

Romanian director Radu Jude is known for his wildly improvised and low-budget filmmaking style, often incorporating elements of TV ads, AI-generated content, and amateur dramatics into his movies. His latest film, 'Dracula', continues this trend, presenting a satirical take on Romania's dark past and the country's most reliable export: the legend of Dracula. The film is a meta-cinematic experiment, featuring a smug and supercilious film-maker, Adonis Tanta, who introduces the audience to his cheapo film about Dracula, created on his iPad using unbearable AI. The story is interspersed with set-piece mini-films-within-a-film on Dracula-adjacent themes, including a communist-era tale of a truck driver who falls in love with a local woman. Jude's film is a scathing critique of Romania's persistent strains of fascism, antisemitism, clerical arrogance, exploitative service economy, and stakeholder capitalism. Specifically, it relates to a proposal for a Dracula theme park in the late 1990s, in which thousands of Romanian citizens invested money that they would never see again. While the film may test the audience's patience at times, it features moments of startling insanity and is a testament to Jude's innovative filmmaking style. As the reviewer notes, 'one day, I predict, Jude will make a biopic of political vampirism about the most pressing Romanian subject of all: Nicolae and Elena Ceaușescu.' 'Dracula' is set to premiere at the ICA in London on April 10.

Iran’s sports minister, Ahmad Donyamali, warned on Sunday that his country’s participation in the 2026 World Cup remains doubtful unless FIFA agrees to shift Iran’s group‑stage fixtures from the United States to Mexico. The Iranian Football Federation (IFF) formally asked the global governing body to relocate the matches, but, according to Donyamali, it has yet to receive a definitive response. “If our request is accepted, Iran’s participation will be certain,” Donyamali told Turkey’s Anadolu news agency, underscoring the link between venue security and the team’s willingness to travel. The request comes amid heightened tensions after Israel and the United States launched attacks on Iran on February 28, sparking a broader regional conflict. Tehran retaliated with missile and drone strikes targeting Israeli sites, U.S. bases in the Middle East, and Gulf infrastructure. Iran, the first Asian nation to qualify for the tournament, is slated to play all three group matches on the U.S. West Coast – Los Angeles on June 16, Belgium in Los Angeles on June 22, and Seattle on June 26. Former President Donald Trump recently said Iran was “welcome” in the United States but added that he doubted the venue was “appropriate for their own life and safety.” In response, the Iranian team posted on social media that “no one can exclude Iran’s national team from the World Cup.” Iranian football chief Mehdi Taj echoed the sentiment, stating, “When Trump explicitly says he cannot guarantee our security, we will not travel to America.” Taj confirmed ongoing negotiations with FIFA to move the games to Mexico. FIFA, however, rejected the relocation request, reaffirming that the schedule announced last year will stand. President Gianni Infantino told IFF Vice President Mehdi Mohammad Nabi that “the matches will be played where they are supposed to be, according to the draw.” Despite the diplomatic deadlock, Donyamali affirmed that Iran’s players continue training and will be ready for the tournament, provided that adequate security guarantees are secured from the host nations. “Under these circumstances, the possibility of Iran playing in the United States is very low; if the necessary security assurances are given, our government will make the final decision,” Donyamali said, adding that former President Trump’s remarks were “morally and ethically unbalanced.” The World Cup kicks off on June 11 in Mexico, with the opening matches in the United States and Canada following on June 12. The final is set for July 19 in East Rutherford, New Jersey.

Former Iranian Foreign Minister Mohammad Javad Zarif presented a comprehensive peace roadmap in Foreign Affairs on Friday, seeking to move beyond a temporary cease‑fire in the war that erupted on February 28 after coordinated US‑Israeli strikes on Iran. The plan urges Iran to place limits on its nuclear program under international monitoring, including a commitment to never pursue nuclear weapons and to blend its enriched uranium below 3.67 %. This would address the International Atomic Energy Agency’s estimate that Iran holds roughly 440 kg (970 lb) of uranium enriched to 60 %—a level close to the 90 % threshold needed for a bomb. Zarif also proposes a mutual non‑aggression pact with the United States, coupled with the immediate lifting of all US sanctions and United Nations Security Council resolutions against Tehran. To secure regional stability, he suggests forming a regional fuel‑enrichment consortium that would involve China, Russia and the United States alongside Iran and its Gulf neighbours, using West Asia’s sole enrichment facility. Additionally, a broader security framework could include Gulf states, UN Security Council powers and possibly Egypt, Pakistan and Turkey to guarantee freedom of navigation through the Strait of Hormuz, which Iran has largely blocked since the conflict began. Beyond security, Zarif calls for “mutually beneficial trade, economic and technological cooperation” between Iran and the United States, framing the roadmap as a “well‑timed off‑ramp” for President Donald Trump, who recently warned Iran it had 48 hours to negotiate a deal or face “all hell”. Gulf officials reacted sharply. UAE diplomatic adviser Anwar Gargash dismissed the proposal as ignoring Iran’s aggressive missile and drone attacks on Gulf infrastructure, calling the strategy “hubris & strategic failure.” Former Qatari Prime Minister Hamad bin Jassim Al Thani acknowledged the plan’s cleverness but warned that the war has “eroded the trust built over years” and increased regional danger. The United States has offered a 15‑point cease‑fire plan, while Pakistan, Turkey and Egypt continue to push for direct talks, yet no substantive progress has emerged. Should the roadmap gain traction, it could reopen the Strait of Hormuz—through which one‑fifth of global crude oil and natural gas normally flows—alleviate the economic shockwaves rippling through world markets, and reshape the geopolitical landscape of the Middle East.

Ukrainian drones have launched targeted strikes on key Russian oil infrastructure, hitting the Baltic Sea port of Primorsk and the NORSI oil refinery in the central Nizhny Novgorod region. According to Ukrainian drone forces commander Robert Brovdi, these overnight attacks were confirmed by Russian officials on Sunday.In Primorsk, which serves as one of Russia's main oil exporting outlets, Governor Alexander Drozdenko of Russia's northwestern Leningrad region reported that a pipeline was damaged. He later updated that a fuel reservoir in the port area leaked when it was hit by shrapnel.The NORSI oil refinery, Russia's fourth largest, was also targeted. Governor Gleb Nikitin of Nizhny Novgorod stated that a fire broke out at the plant after two facilities were hit. The attack also resulted in damage to a power station and several houses, although there were no reported injuries.These strikes are part of Ukraine's strategy to disrupt Russia's oil infrastructure and reduce a key source of revenue funding Moscow's war efforts. At one point last month, about 40 percent of Russia's oil exporting capabilities were shut down due to these attacks and other disruptions.Diplomatic efforts to end the conflict have stalled, with high-level talks between the US, Russia, and Ukraine yielding no progress on critical issues like territorial concessions in eastern Ukraine.

Thousands of Muqtada al‑Sadr’s followers took to the streets of Baghdad and several other Iraqi cities on Saturday, staging one of the largest anti‑war rallies in recent memory. Demonstrators brandished Iraqi flags while chanting slogans such as “No, no to Israel” and “No, no to America,” signaling broad opposition to the escalating conflict. Iraq, already caught in a web of regional hostilities, has endured attacks aimed at both U.S. interests and pro‑Iranian groups within its borders. The protests underscore the country’s growing frustration at being drawn into a war it did not initiate. In the heart of Baghdad’s Tahrir Square, crowds—including women—filled the avenues, their voices amplified by a palpable sense of urgency. “What America and Israel are doing is not a conventional military operation but a senseless war,” declared Dhirgham Samir, a 40‑year‑old participant, speaking to AFP. Samir added that the demonstration represented a broader rejection of “aggression, arrogance and injustice” worldwide, emphasizing that civilians are the primary victims of this conflict. Since the war began, thousands of casualties have been reported across the region, a grim statistic that fuels public anger. Al‑Sadr himself called for peaceful rallies aimed at condemning what he described as “Zionist‑American aggression” and urging a return to regional stability. His appeal resonated with many, reflecting his deep-rooted influence among Iraq’s Shia majority. Protesters gathered beneath Baghdad’s Freedom Monument, a symbol of the nation’s independence, to denounce perceived foreign meddling. Muslim leader Ali al‑Fartousi told AFP, “Humanity must speak out against these forces; the world must unite against Zionist‑American arrogance.” Al‑Sadr commands a loyal base numbering in the millions and has repeatedly demonstrated an ability to mobilise large crowds. Though he has opposed various Iraqi governments over the years, his network extends into ministries and state institutions, amplifying the political weight of today’s demonstrations.

The White House announced on Truth Social that the United States has retrieved the second airman from the two‑person crew of an F‑15 fighter that Iran said was downed by its air defenses. The rescued officer, identified as a colonel, was described by President Donald Trump as a "brave Warrior" who endured injuries but is expected to recover fully. Trump’s post highlighted the operation as a "miraculous" rescue, adding that it followed a prior successful extraction of the first crew member the day before. He emphasized that the missions were carried out without any American fatalities or injuries, underscoring his claim of "overwhelming air dominance" over Iranian skies. Meanwhile, the Islamic Revolutionary Guard Corps (IRGC) reported that a U.S. aircraft searching for the missing officer was shot down in the southern province of Isfahan. According to Iran’s Fars news agency, the downed plane was a C‑130 transport, destroyed by the Faraj Rangers, a police commando unit. The agency posted images of thick smoke rising from the crash site and accused the U.S. of attempting to conceal a defeat. Iran has not officially confirmed or denied the rescue of the second pilot, though Al Jazeera’s correspondent in Tehran noted continued air strikes over the area where the fighter was downed. The rescue effort, which involved dozens of U.S. military aircraft, faced “fierce resistance” from Iranian forces, according to reports from Washington. U.S. officials, cited by Al Jazeera, said the downed airman evaded Iranian units for roughly two days before special‑operations troops engaged in a daylight firefight that lasted several hours. The operation, typically conducted under cover of darkness, was unusually prolonged. In a separate incident, an A‑10 Warthog crashed after being hit over Kuwait, with the pilot ejecting safely; details on injuries remain unclear. Trump concluded his statement by asserting that the dual successes—rescuing both pilots without casualties—demonstrated the United States' "air superiority" in the region.

The missing crew member of a US F‑15E jet, described by President Trump as a colonel, was located and rescued after a heavy firefight that involved hundreds of special‑forces operators, according to a US official speaking to Al Jazeera.Trump has set a 48‑hour deadline for Iran to reopen the Strait of Hormuz, a vital chokepoint through which 20% of global oil and gas transits. Iran’s central military command dismissed the ultimatum as “helpless, nervous, unbalanced and stupid.”Iran reports that US‑Israeli strikes have killed five people and wounded 170 at the Mahshahr Petrochemical Zone, while more than 30 universities have been targeted since the war began on 28 February.The rescued airman was the second of the two‑person crew; Iran has not yet issued a comment, though officials had previously urged citizens to help locate the missing officer in hopes of gaining leverage against Washington.During the rescue operation, Iranian media said strikes killed five civilians in the southwest. The Islamic Revolutionary Guard Corps (IRGC) claimed it shot down a US aircraft searching for the officer near Isfahan and destroyed an MQ‑9 Reaper drone, labeling the US effort a “desperate attempt to cover up a huge defeat.”Additional US‑Israeli attacks in Ardabil province near the Azerbaijani border killed three people, and the IRGC warned that the United States’ “target bank is inaccurate,” dismissing Trump’s threats to strike bridges as “laughable.”Russia has evacuated another 200 staff from the Bushehr Nuclear Power Plant after a deadly perimeter attack, while Iran’s foreign minister warned that such raids could expose the region to radioactive contamination.Tehran’s prosecutor’s office ordered the seizure and freezing of assets belonging to more than 100 high‑profile individuals accused of supporting the enemy abroad.In the Gulf, Iranian drones damaged two Kuwaiti power and desalination plants, shutting down two electricity‑generating units but causing no injuries. Bahrain’s civil‑defence teams extinguished a fire at an unspecified facility, also without casualties. Abu Dhabi halted operations at Borouge’s petrochemical plant after debris‑induced fires, and the UAE’s air defences responded to missile and drone attacks aimed at its aluminium industry. Former IAEA director‑general Mohamed ElBaradei urged Gulf nations to act before the situation “turns the region into a ball of fire.”President Trump confirmed the rescue on Truth Social, calling it “one of the most daring Search and Rescue Operations in U.S. History.” Meanwhile, former Army chief of staff General Randy George submitted a farewell letter after his removal, and satellite‑imaging firm Planet Labs announced an indefinite blackout of Iranian and regional imagery at the request of the Trump administration. Two individuals claiming to be relatives of the late Iranian general Qassem Soleimani were detained in the US, though Iranian media later disputed the familial link.Israel reported intercepting a missile launched from Yemen—the fifth such attack since the war’s start—and the Houthis, together with Iranian forces and Hezbollah, claimed a joint long‑range strike on Lod airport. Explosions were heard over Jerusalem, and missile attacks on Tel Aviv and central Israel wounded five civilians.In Lebanon and Syria, Israeli forces bombed the town of Kfar Hatta in Sidon, struck the southern city of Tyre after issuing evacuation warnings, and caused casualties in Maarakeh, where at least five people were reported killed.Energy markets are under pressure: OPEC is set to meet to decide May output policy after a modest April boost of 206,000 barrels per day. The war has driven crude prices above $100 per barrel, up from $65 before hostilities. Italy’s Prime Minister Giorgia Meloni visited Saudi Arabia and Qatar and is expected to travel to the UAE as oil supplies remain disrupted. Japan’s Mitsui OSK Lines reported that its LPG tanker Green Sanvi resumed Gulf crossing after being stranded. Iran announced it would allow Iraqi vessels to transit the Strait of Hormuz despite maintaining a broader blockade, a move aimed at easing Iraq’s severe economic distress.

Iran's Khatam al-Anbiya Central Headquarters announced on Saturday that Iraqi ships are free to pass through the Strait of Hormuz, a critical conduit for global energy supplies. This decision exempts Iraq from all restrictions in the strait, with controls only applying to 'enemy countries'.The announcement reflects Iran's easing of its stranglehold on the strait, which has been effectively blockaded since the US and Israel launched their war on Iran on February 28. Despite this, maritime traffic has seen an increase in recent weeks, with 53 transits recorded last week, according to Lloyd's List Intelligence.Iran's military command emphasized its 'profound respect for Iraq's national sovereignty' and praised Iraq's struggle against the US. This move comes in response to US President Donald Trump's demands for Tehran to make a deal or relinquish control of the waterway, warning that 'all hell' would ensue within 48 hours otherwise. Iran's Khatam al-Anbiya Central Headquarters rejected Trump's demand, calling it a 'helpless, nervous, unbalanced and stupid action'. The blockade has significantly impacted global energy markets, pushing up fuel prices and prompting emergency energy conservation measures in many countries. Brent crude has hovered above $109 a barrel, with predictions of further price surges if the strait remains blocked. Iraq's oil production, which provides most of Baghdad's revenues, has been particularly affected, falling to 1.2 million barrels a day from 4.3 million barrels.