Breaking AI & Tech News Analyzed

Oil and gas markets rallied on Thursday as investors grappled with the shaky outlook for the two‑week Iran‑Israel ceasefire. Brent crude rose more than 2% to $96.77 a barrel, while New York light crude climbed nearly 3% to $97.23, still shy of the $100 threshold that many traders watch. The previous session had seen Brent plunge 13.29% to a four‑week low of $94.75. In the gas sector, the UK month‑ahead contract rebounded 1% to 115.35p per therm after a 15% drop the day before. European natural‑gas futures also recovered, edging toward €46/MWh from a five‑week trough of €45.30. The price uptick reflects growing scepticism about the durability of the ceasefire announced a day earlier by the United States and Iran, which included a pledge to reopen the Strait of Hormuz. UAE and Kuwait reported intercepting Iranian drones, and Iran’s parliamentary speaker accused the United States and Israel of breaching several agreement points. Iran’s Revolutionary Guards warned of a “regret‑inducing response” if Israeli strikes on Lebanon continue. The latest Israeli barrage killed at least 254 people and wounded 837, prompting the Fars news agency to note that oil‑tanker traffic through the strait had been halted. Former President Donald Trump used his Truth Social platform to threaten that U.S. forces would remain in the region until a “real agreement” is fully honoured, warning that any non‑compliance would trigger “stronger than anyone has ever seen before” military action. Asian equity markets reacted negatively: Japan’s Nikkei slipped 0.7%, South Korea’s Kospi fell 1.7%, and Hong Kong’s Hang Seng edged down 0.4%. In Europe, the FTSE 100 dipped 0.1%, Germany’s DAX fell 0.6%, France’s CAC 40 dropped 0.3%, and Italy’s FTSE MIB slipped 0.2%. The pan‑European Stoxx 600 trimmed 0.1% after a near‑4% rally the day before, while U.S. futures pointed to a lower opening on Wall Street. Deutsche Bank strategist Jim Reid noted that market stress has eased compared with 24 hours earlier, as the ceasefire news generated renewed optimism and reduced fears of a stagflationary shock. On the diplomatic front, White House press secretary Karoline Leavitt announced that Vice‑President JD Vance will lead a delegation to Islamabad, with initial talks slated for Saturday morning. Jefferies chief European economist Mohit Kumar argued that, despite its fragility, the truce is likely to hold because of the “mutually assured destruction” calculus. He added that both sides now see a ceasefire as the lesser‑evil, given the escalating costs of continued conflict and the strategic challenges of securing cheap drone interceptors and a reliable Hormuz passage.

The UK's reliance on glyphosate, a widely used herbicide, has come under fire from campaigners who argue that its use has spiralled out of control. Glyphosate, known for its effectiveness in killing weeds, has been linked to various health risks, including cancer, and environmental damage.Originally pioneered by Scottish farmers in the 1980s to dry crops before harvest, the use of glyphosate has expanded globally. In the UK, over 2,200 tonnes of glyphosate were applied in 2024, with more than half used on wheat and other cereals. This represents a 10-fold increase in usage over the past three decades.Despite the World Health Organization classifying glyphosate as 'probably carcinogenic to humans' in 2015, its use has remained high. Bayer, the manufacturer, maintains that its herbicides do not cause cancer, but this stance is contested by many health and environmental organizations.Campaigners, including Nick Mole of Pesticide Action Network UK, are urging the government to phase out and ultimately ban glyphosate, citing its links to a range of cancers and other life-threatening diseases, as well as its impact on the environment. They argue that safer, more sustainable alternatives are available and should be adopted by farmers and local councils.However, some agricultural experts, like Helen Metcalfe of Rothamsted Research, suggest that glyphosate is used differently in the UK compared to the US, where genetically modified crops are involved. The shift towards 'regenerative' farming practices has contributed to the increased use of glyphosate, as it helps protect soil health and prevent erosion.The debate over glyphosate's safety and environmental impact continues, with the EU banning its use in pre-harvest desiccation in 2023 due to concerns about food accumulation. In the US, Bayer has offered $7.25bn to settle lawsuits alleging that Roundup, which contains glyphosate, can cause cancer. The UK government maintains that pesticide use is strictly regulated and only approved if it does not harm human or animal health or the environment.

NATO Secretary General Mark Rutte revealed that Donald Trump was 'clearly disappointed' that US allies refused to join the war against Iran during a closed-door meeting in Washington. This comes as the alliance faces scrutiny over its response to the conflict.Rutte described the meeting with Trump as 'very frank, very open' between 'two good friends,' but declined to directly address whether Trump raised his threat to withdraw from NATO over the Iran war.The meeting occurred against the backdrop of a fragile two-week ceasefire deal between the US and Iran, which includes reopening the Strait of Hormuz. This agreement was reached after Trump threatened to target Iran's civilian infrastructure if Tehran didn't allow safe passage through the strait.Trump has been critical of NATO, calling it a 'paper tiger' and suggesting the US may consider leaving after NATO member countries ignored his call for military assistance to help reopen the critical waterway. Global oil prices have soared due to the closure of the Strait of Hormuz.In a post on Truth Social, Trump wrote: 'NATO WASN'T THERE WHEN WE NEEDED THEM, AND THEY WON'T BE THERE IF WE NEED THEM AGAIN.' Trump's frustrations with the alliance 'began' with their opposition to his desired takeover of Greenland.Despite these tensions, Republican senator Mitch McConnell issued a statement in support of the alliance, urging Trump to be 'clear and consistent' and emphasizing that it's not in America's interest to 'spend more time nursing grudges with allies who share our interests than deterring adversaries who threaten us.'Congress passed a law in 2023 that prevents any US president from pulling out of NATO without its approval, championed by Trump's current secretary of state, Marco Rubio.

Europe is undergoing a significant transformation in its relationship with the US, marked by a growing desire for independence and a shift away from Trump's aggressive policies. The recent crisis in the Middle East, where Trump's threat to annihilate Iranian civilisation was temporarily called off, has been a turning point in this journey. Initially, many European leaders had tacitly supported the US and Israeli attack on Iran, driven by a desire for a transatlantic detente and antipathy towards the Iranian regime. However, as the war escalated, Europe's stance began to shift, with countries like Italy, Poland, and France taking steps to distance themselves from Trump's policies. The cooling of European support for the war has taken various forms, including Italy denying US warplanes permission to use an airbase in Sicily, Poland refusing to send Patriot air defence systems to the Middle East, and France rejecting overflight rights and opposing a US-sponsored resolution at the UN security council. This shift in European policy is driven by a number of factors, including the realisation that the war has been a windfall for Russia, through higher oil prices and a depletion of air defence interceptors available to Ukraine. European leaders have also been reminded that the erosion of international law is bad news for the world, Europe included. As Europe finds its footing in distancing itself from Trump, it may also find its voice. Europe's diplomatic role in the Iranian nuclear file in the early 2000s grew out of its opposition to the Iraq war. Today, the same dynamic could unfold, with Europe promoting a permanent end of hostilities and a multilateral initiative in the region. The proposal by a group of European, Gulf, and Asian countries to contribute to ensuring safe passage through the strait of Hormuz was originally aimed at placating Trump. Europeans then backed a UN-led fertiliser corridor to prevent a food crisis in the global south. The UK is also leading a coalition of more than 40 countries seeking to reopen the strait once the US and Israel definitively end their offensive. If a sustainable reopening of Hormuz succeeds, it could eventually extend to a new nuclear agreement, a non-aggression pact between the US and Iran, and a similar one between Israel and Iran – including Lebanon. It could involve the release of Iranian funds frozen abroad to rebuild infrastructure destroyed by US and Israeli attacks, and the selective lifting of EU and US sanctions.

US President Donald Trump's recent statements threatening Iran have raised concerns about the potential consequences for global power and regional stability. Trump's vow to 'wipe out' Iran has been met with warnings of a potentially catastrophic impact on the region.The Strait of Hormuz, a critical waterway for global oil shipments, has become a focal point in the tensions between the US and Iran. The US has been pressing Iran to open the strait, which has led to a significant escalation in rhetoric between the two nations.Experts warn that such brinkmanship could have far-reaching consequences, potentially reshaping global power dynamics and impacting the stability of the Middle East. The situation remains volatile, with many concerned about the potential for conflict.Trita Parsi, executive vice president of the Quincy Institute, provides insight into the complexities of the situation and the potential implications for US foreign policy.

As the clock ticked down to President Donald Trump’s 8 p.m. deadline to force the reopening of the Strait of Hormuz, the six‑week Middle East conflict teetered on the brink of a far more devastating escalation.Trump’s rhetoric had escalated dramatically, with his Truth Social posts warning that the United States would unleash strikes capable of “decimating every bridge and power plant in Iran” and that “a whole civilisation will die tonight.” Legal experts labeled the language as bordering on a genocidal threat.Amid the rising tension, a series of rapid developments unfolded on Tuesday:12:06 GMT – Trump announced a plan to target Iran’s civilian infrastructure, promising total destruction of bridges and power facilities.15:21 GMT – Iranian media confirmed that US strikes hit Kharg Island, the nation’s primary oil‑export hub, but reported no significant damage.15:40 GMT – In the UN Security Council, China and Russia vetoed a Bahraini resolution aimed at protecting commercial shipping in the Strait of Hormuz, arguing the draft was biased against Tehran.16:54 GMT – Qatar’s defence ministry reported a successful missile interception, while the United Arab Emirates warned of a barrage of missile and drone attacks.18:23 GMT – Iran’s envoy to Pakistan, Reza Amiri Moghadam, signalled a “step forward” after a “critical, sensitive stage,” praising Pakistan’s “positive and productive” peace efforts.19:17 GMT – Pakistani Prime Minister Shehbaz Sharif appealed to Trump to extend the deadline by two weeks, urging Tehran to keep the Strait open as a goodwill gesture.20:25 GMT – Iran warned it would target US and Gulf‑allied energy infrastructure, threatening to block regional oil and gas supplies for years.20:41 GMT – Joint US‑Israeli airstrikes struck the Amirkabir Petrochemical Plant in Mahshahr, Iran, prompting local assessments of damage.With less than ninety minutes remaining, diplomatic channels intensified. Pakistani officials, including the military chief Asim Munir, facilitated talks that culminated in a two‑week, double‑sided cease‑fire announced by Trump at 22:45 GMT. The United States claimed to have received a “workable” 10‑point proposal from Tehran.Iranian Foreign Minister Abbas Araghchi quickly confirmed the truce, stating Iran would honor it provided attacks on its territory ceased. Sharif then invited both Iranian and US delegations to Islamabad for further negotiations aimed at a permanent settlement.Early Wednesday, Trump’s tone shifted dramatically. In a Truth Social post he hailed the cease‑fire as a potential “Golden Age for the Middle East,” celebrating the pause in hostilities and the reopening of the Strait of Hormuz.The episode underscores how last‑minute diplomacy, spearheaded by Pakistan, averted a catastrophic escalation and opened a narrow window for a broader peace process in a region long mired in conflict.

US Defense Secretary Pete Hegseth announced on Wednesday that the United States had achieved a "decisive" military victory over Iran, claiming the Iranian missile programme has been "functionally destroyed." Speaking alongside General Dan Caine, chairman of the Joint Chiefs of Staff, Hegseth described the operation—codenamed Operation Epic Fury—as a "historic and overwhelming" triumph that met every objective, including the dismantling of Iran’s navy, air‑defence systems and missile‑production capability. The declaration came a day after President Donald Trump stepped back from a threatened full‑scale assault on Iran, just two hours before a self‑imposed deadline for Tehran to reopen the blockaded Strait of Hormuz. The resulting cease‑fire agreement stipulates that Iran will not possess a nuclear weapon and that the United States will monitor the country’s enriched uranium stockpiles. While Hegseth emphasized that "they can still shoot here and there, but that would be very unwise," he also warned that US forces will remain in the region to ensure compliance with the two‑week cease‑fire and to oversee the safe transit of vessels through the strategic waterway. Iran’s response was equally emphatic. The Supreme National Security Council, cited by IRNA, congratulated the Iranian people on a "victory" and urged perseverance until the details of that victory are finalized. The council highlighted Iran’s alliances with the so‑called "axis of resistance" in Lebanon, Iraq, Yemen and occupied Palestine, claiming the coalition has delivered blows to the enemy over the past 40 days. At the same briefing, General Caine confirmed that US military objectives in Iran have been met, but framed the cease‑fire as a "pause" rather than a permanent end to hostilities, noting that forces remain ready to resume combat if necessary. In parallel diplomatic developments, a senior Iranian official told Reuters that Tehran could reopen the Strait of Hormuz on Thursday or Friday, contingent on a cease‑fire framework being reached ahead of a scheduled US‑Iran meeting in Pakistan. The closure of the strait has previously disrupted global oil and gas markets, making its reopening a critical economic signal. Trita Parsi, vice‑president of the Quincy Institute for Responsible Statecraft, told Al Jazeera that President Trump needed an exit from a war he described as "an absolute disaster" and that the next two weeks are "crucial" for any genuine diplomatic opening, though he cautioned that the situation is not yet resolved. Analysts note that the cease‑fire’s success will hinge on Iran’s willingness to allow unfettered navigation through the Strait of Hormuz and on US verification of Iran’s uranium holdings. The coming fortnight will test whether the declared victory translates into lasting stability in a volatile region.

Since its inauguration in 1875, Mumbai’s Sassoon Dock has transitioned from a Gulf‑bound trading hub to the beating heart of the city’s fishing sector. Today, the once‑bustling harbour is marked by an unsettling silence.Rows of fishing boats sit idle under the morning sun, their colourful flags fluttering against the skyline. The familiar chorus of net‑unloading, diesel‑engine rumble, ice‑hauling and fish‑monger shouts has faded.Boat owner Shekhar Chogle, weather‑worn from years at sea, has been compelled to keep his vessel moored since the conflict began. Plummeting earnings, relentless labour costs and diesel prices soaring above $1.20 per litre ($4.54 per US gallon) have rendered fishing operations virtually impossible.The dock’s diesel pump now sits abandoned, draped with a wilted marigold garland. A worker returns from the petrol station empty‑handed, his wooden barrow holding six unfilled containers, underscoring the fuel shortage that has crippled cooperatives that normally supply affordable fuel, ice and equipment to fishers.This fuel crisis reverberates beyond Mumbai, affecting fishing communities throughout India and wider Asia. Fishers confront a stark choice: stay ashore and forfeit income, or brave the sea at the risk of further financial loss, jeopardising both individual families and entire coastal economies.A recently announced two‑week ceasefire between Iran, the United States and Israel offers a glimmer of hope, yet analysts warn that normalising fuel supplies will take time.For Chogle, the clock is ticking. “Our income has dropped significantly since we have not been able to take our boat out to sea,” he lamented.Despite the soaring fuel costs, a few boats still venture out. Morning markets persist, though catches are modest. Women in vibrant saris haggle over the limited fish, and a mother balancing a baby on her hip scrutinises each purchase, weighing cost against necessity.“If diesel prices don’t come down soon, I don’t know how we’ll survive,” Chogle warned, encapsulating the precarious future of Mumbai’s once‑thriving fishing trade.

The recent two-week ceasefire announced by US President Donald Trump in the war on Iran has sent shockwaves through Israel. The move has been met with criticism from Israel's opposition leader, Yair Lapid, who called it one of the greatest 'political disasters in all of our history'. Prime Minister Benjamin Netanyahu's office issued a statement supporting the US decision, claiming that 'Iran no longer poses a nuclear, missile and terror threat to America, Israel, Iran's Arab neighbours and the world.' However, Netanyahu's war aims of preventing 'Iran from developing nuclear weapons' and creating 'the conditions for the Iranian people so they can remove the cruel regime of tyranny' remain unachieved.Despite significant military successes over the past 40 days of attacks on Iran, neither of Netanyahu's goals has been achieved. The Iranian regime is still in place, its ballistic missile programme could be rebuilt quickly, and it still has 440kg of enriched uranium at 60 percent purity, enough for 10 bombs.Analysts say that Iran has emerged stronger as a result of the war, with key victories including the survival of the Iranian government and its decision to close the Strait of Hormuz, one of the world's key energy arteries. The ceasefire has also given Iran an opportunity to continue with newly imposed levies on ships for safe passage through the Strait.Criticism of Netanyahu's handling of the war has been swift, with Ofer Cassif of the left-wing Hadash party saying that the prime minister has 'failed politically, failed strategically, and didn't meet a single one of the goals that he himself set'. Ahron Bregman, a senior teaching fellow at the Department for War Studies at King's College London, said that 'Israel achieved almost nothing tangible' and that the ceasefire has 'strained the US relationship'.