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The International Monetary Fund (IMF) and the World Bank have announced the resumption of ties with Venezuela under the country's interim leader, Delcy Rodriguez. This move comes after a period of severed relations that began in 2019 due to international disputes over the legitimacy of Venezuela's leadership. The IMF and World Bank had cut ties with Caracas in 2019 amid a split in the international community over whether to support Nicolas Maduro or Juan Guaido as the country's rightful leader following disputed presidential elections. IMF Managing Director Kristalina Georgieva stated that the institution had resumed dealings with Venezuela under Rodriguez's administration, guided by the views of its members. This step is expected to ultimately benefit the Venezuelan people. The World Bank followed suit, announcing that it would re-engage with Venezuela based on the outcome of the IMF's decision-making process. The bank had last made a loan to Caracas in 2005. These announcements come several weeks after the United States President's administration lifted sanctions on Rodriguez, further conferring legitimacy on her leadership. Rodriguez welcomed the announcements, calling it a significant achievement for Venezuelan diplomacy. Venezuela has one of the highest debt burdens in the world, with total external liabilities estimated at more than $150bn. The resumption of ties with the IMF and World Bank clears the way for Venezuela to request financial assistance if necessary to shore up its finances. In 2020, the IMF had rejected Venezuela's request for an emergency loan of $5bn to help fund its response to the COVID-19 pandemic, citing the lack of international consensus on Maduro's legitimacy. Venezuela has been a member of the IMF and World Bank since 1946.

Despite a ceasefire that has been in place for seven months, Israeli attacks have killed several Palestinians in the Gaza Strip over the past two days. The violence has resulted in the deaths of at least six people, including brothers Abdelmalek and Abdel Sattar al-Attar, who were killed in an Israeli drone strike in Beit Lahiya.Nine-year-old Saleh Badawi was also shot dead by Israeli forces in the Zeitoun neighbourhood east of Gaza City. Additionally, Mohsen al-Dabbari, 38, was killed by Israeli fire south of Khan Younis.On Friday, three more Palestinians were killed, including brothers Mohammed and Eid Abu Warda, who were shot dead on Mansoura Street in the Shujayea neighbourhood east of Gaza City. An Israeli drone strike on a water desalination facility in the same neighbourhood killed one Palestinian and wounded several others.The Gaza Government Media Office has reported that Israel has committed 2,400 violations of the ceasefire, which began in October. These violations include killings, arrests, blockades, and starvation policies.The violence has also spread to the occupied West Bank, where Israeli forces and settlers have carried out raids and attacks. Israeli settlers set fire to two vehicles during an attack on Palestinian homes in the southern West Bank, while Israeli forces stormed ar-Ram town north of Jerusalem and arrested a number of Palestinians.The United Nations has expressed concern over the continued violence, with UN Women reporting that an average of at least 47 women and girls were killed each day during the war in Gaza.

France and the United Kingdom are convening dozens of countries to advance plans for a multinational maritime force to secure the Strait of Hormuz, a critical waterway that has been closed since Iran imposed a blockade on February 28.The meeting, taking place at the Elysee presidential palace in Paris, is being chaired by French President Emmanuel Macron and British Prime Minister Keir Starmer, with around 30 to 40 countries participating in person or by video conference.The talks will focus on the Strait of Hormuz Maritime Freedom of Navigation Initiative, a defensive mission aimed at restoring free passage through the waterway once a lasting ceasefire in the US-Israel war on Iran is in place.European leaders have warned that the ongoing closure threatens consumers with higher inflation, food shortages, and flight cancellations as jet fuel supplies dwindle. Over 20,000 seafarers are trapped on board hundreds of vessels caught in the blockade.“The unconditional and immediate reopening of the strait is a global responsibility, and we need to act to get global energy and trade flowing freely again,” Starmer said, accusing Iran of “holding the world’s economy to ransom”.The initiative mirrors Europe’s earlier efforts to assemble a security force for Ukraine and carries similar conditions: deployment only when the conflict ends and security conditions allow.A French presidential official stated that allies would need “an Iranian commitment not to fire on passing ships and a US commitment not to block any ships leaving or entering the Strait of Hormuz” before any mission could proceed.Washington’s absence from the discussions is deliberate, with Macron emphasizing that the mission to provide security for shipping through the strait would be “strictly defensive” and limited to non-belligerent countries.

Frenchman Herve Renard has been sacked as Saudi Arabia coach, less than two months before the start of the FIFA World Cup 2026 in North America. Renard, 57, had returned for a second spell as Saudi coach at the end of 2024, having led them at the last World Cup four years ago in Qatar.“That’s football … Saudi Arabia have qualified for the World Cup seven times, including twice with me,” Renard told the news agency AFP on Friday. “And there’s only one coach who has led them through both the qualifiers and the World Cup; that’s me, in 2022. At least there will be that sense of pride.”Renard, a two-time Africa Cup of Nations (AFCON) winner with Zambia and the Ivory Coast, was in charge of Saudi Arabia from 2019 to 2023 before being replaced by Italian coach Roberto Mancini. He served as coach of the France women’s team from 2023 to 2024 and reached the quarterfinals of both the 2023 Women’s World Cup and the 2024 Paris Olympics.Georgios Donis, a former Greece international, is reportedly being lined up as the man to take over from Renard. Saudi Arabia are in Group H at the 2026 World Cup, alongside two former champions, Spain and Uruguay, and debutants Cape Verde. All their group games are scheduled to be played across the United States.The Arab nation has made six World Cup appearances, with a round of 16 finish in 1994 in the US their best result thus far. They suffered a group-stage exit in the last World Cup in 2022 but made headlines worldwide with a shock 2-1 group win over eventual champions Argentina. Saudi Arabia is also due to host the 2034 World Cup.

Iran’s foreign minister Abbas Araghchi posted on X that, in line with the 10‑day Israel‑Lebanon ceasefire, the Strait of Hormuz is "completely open" for all commercial vessels for the remainder of the truce. The declaration follows a fragile agreement between Israel and Lebanon, whose acceptance by Hezbollah remains uncertain. The Iranian Ports and Maritime Organisation has already outlined a coordinated routing system for vessels, ensuring that traffic proceeds under strict supervision by the Islamic Revolutionary Guard Corps Navy, which will permit only non‑military ships. U.S. President Donald Trump echoed the openness of the strait in a social‑media post, emphasizing that it is "ready for business and full passage." However, he added that the U.S. naval blockade will continue "until Iran reaches a deal with the United States to end the war," signalling that commercial freedom does not equate to a lift of sanctions. Trump also claimed that Iran has pledged to "never close the Strait of Hormuz again," describing the waterway’s previous use as a "weapon against the world." A senior Iranian military official clarified that this promise applies solely to non‑military vessels, with IRGC Navy oversight. The conflict, which began on 28 February, has already claimed over 3,000 lives and saw Iran previously block the strait—a chokepoint through which roughly 20% of global oil and LNG shipments flow. After stalled U.S.–Iran talks in Pakistan, the United States expanded its blockade to Iranian ports in the Gulf. In Washington, Trump reiterated his administration’s pressure on Tehran to abandon its nuclear ambitions. He suggested a potential "cash‑for‑uranium" deal worth $20 billion, later describing the prospect of acquiring Iran’s "nuclear dust" without payment—a claim dismissed by Iran’s state media, which said no such negotiations ever occurred. Trump also announced that Israel is now "prohibited" from bombing Lebanon, stating that any U.S.–Iran agreement is not contingent on developments in Lebanon. UN peacekeepers reported no air attacks since midnight, though they accused Israeli forces of violating Lebanese airspace and conducting artillery fire. According to the U.S. Department of State, Israel may act in self‑defence against imminent threats but is barred from offensive operations in southern Lebanon. Senior analyst Mairav Zonszein of the International Crisis Group described the direct talks between Lebanon and Israel as a "potential breakthrough," while cautioning that a durable settlement remains distant. He noted that a diplomatic track strengthening the Lebanese government could gradually diminish Hezbollah’s political influence. Overall, the simultaneous declaration of an open strait and the continuation of a U.S. blockade underscores the complex interplay of commercial interests, regional security, and the broader quest for a diplomatic resolution to the Middle‑East conflict.

Kharg Island, a strategic location in the Persian Gulf, has become a front-line target in the ongoing conflict between the United States and Iran. The island is the heart of Iran's oil trade, and the US has struck military sites there, escalating tensions in the region.Despite the critical role Kharg Island plays in Iran's economy, 8,000 people call the island home. Their lives have been severely impacted by the conflict, with bombs falling and ships stopped from moving. The situation on the ground is dire, with residents facing significant challenges in their daily lives.The US naval blockade on Iranian ports has further exacerbated the situation, severely impacting Iran's oil exports and economy. The blockade is part of a broader effort by the US to enforce sanctions on Iran and limit its ability to export oil.The conflict has significant implications for the global economy, particularly in terms of oil prices and supply chains. As tensions continue to escalate, the international community is watching closely to see how the situation will unfold.

Amid a wave of Israeli air strikes that have killed hundreds and displaced roughly 20 % of Lebanon’s population from the south, Lebanese banker Antoun Sehnaoui attracted fierce criticism after being publicly praised for his pro‑Israel activities. Sehnaoui, who chairs Societe Generale de Banque au Liban (SGBL), attended an event at the United States Holocaust Memorial Museum – a venue he has financially supported. The commendation came from Morgan Ortagus, the U.S. Middle‑East envoy who, according to reports, is also Sehnaoui’s romantic partner. Ortagus framed support for Israel as a matter of "moral clarity", even when it entails personal risk. She highlighted Sehnaoui’s funding of a U.S.–Israeli opera project, noting that such transactions are technically illegal in Lebanon under the country’s ban on dealings with Israeli entities. Describing the banker’s lineage, Ortagus said he hails from generations of "committed Lebanese Christian Zionists" and that his family has been "trained to support the State of Israel and the Jewish people." She also referenced his father, Nabil Sehnaoui, a principal backer of the Lebanese Forces militia, which allied with Israel during the 1982 invasion and was implicated in the Sabra‑Shatila massacres. The timing of the endorsement proved especially contentious. Since mid‑March, Israel has been accused of employing a “quadruple‑tap” bombing technique designed to maximise civilian casualties, and more than a million southerners have fled their homes, deepening sectarian tensions. Lebanese social‑media users reacted with outrage, calling for Sehnaoui’s imprisonment, accusing him of betraying his nation, and even alleging he had converted to Judaism. One commentator, academic Makram Rabah, argued that while a museum visit should not be controversial, the overt support for Israel amid a fragile ceasefire is. Ortagus’s own record – marked by staunch opposition to Hezbollah and open advocacy for Israel since her appointment in April 2025 – has already drawn scrutiny over her suitability as a neutral broker in the region. Beyond the political backlash, Sehnaoui faces serious legal challenges. Lebanese prosecutors have filed money‑laundering charges against him and SGBL, alleging illicit currency‑trading activities that exacerbated the country’s financial crisis that began in 2019. The bank denies any wrongdoing. In the United States, a 2020 civil lawsuit filed by families of Hezbollah‑linked attack victims accuses SGBL of providing material support to the militant group – a claim the bank also rejects. Lebanese MP Paula Yacoubian warned that Sehnaoui’s recent maneuvers appear designed to secure personal immunity in exchange for facilitating Israel‑Lebanon normalisation, rather than delivering tangible benefits such as the safe return of displaced residents. While the controversy rages, a tenuous ceasefire has allowed tens of thousands of residents to return to the devastated south, many seeking the remains of loved ones or assessing the damage to their homes.

Lebanese citizens took to the streets to celebrate the launch of a 10‑day ceasefire between Israel and Hezbollah, a move aimed at opening negotiations for a lasting security and peace arrangement, according to the U.S. State Department.The ceasefire, announced to facilitate dialogue between Israeli and Lebanese officials, has been welcomed as a hopeful step toward stabilizing a volatile border region that has seen repeated hostilities.In a separate development, U.S. President Donald Trump reiterated that a deal to end the war with Iran is "very close," suggesting that diplomatic talks could resume in Pakistan’s capital, Islamabad, as early as the upcoming weekend.Trump’s statement follows recent political turbulence in Washington, where the House of Representatives voted down an effort to limit the president’s authority to engage in a war against Iran.Both the ceasefire and the prospective Iran negotiations underscore a broader push by the United States to de‑escalate tensions across the Middle East, offering a potential shift in regional dynamics.

Syria has taken full control of every former U.S. military site, completing a handover that Damascus says demonstrates the successful absorption of Kurdish‑led fighters into national structures.The final U.S. convoy departed Qasrak air base in Hasakah on Thursday, ending a presence that began in 2014 when American troops entered the fight against ISIL alongside Kurdish units that later formed the Syrian Democratic Forces (SDF).In Damascus, President Ahmed al‑Sharaa received the two most senior SDF officials – military commander Mazloum Abdi and political head Ilham Ahmad – accompanied by Foreign Minister Asaad Hassan al‑Shaibani and the presidential envoy overseeing the integration process.The Ministry of Foreign Affairs hailed the completed handover as evidence of the government’s drive to bring the entire country, including border areas and the northeast, under a single state authority. It stressed that the transfer was carried out in full coordination with the United States, pointing to a constructive relationship that dates back to al‑Sharaa’s 2025 meeting with then‑U.S. President Donald Trump.U.S. Central Command confirmed that American forces have “completed turning over all of our major bases in Syria as part of a deliberate and conditions‑based transition.”The handover follows a January cease‑fire agreement between Damascus and the SDF and a March integration pact that places Kurdish fighters into the Syrian national army, deploys Syrian security forces to the city centres of Hasakah and Qamishli, and transfers control of border crossings and civilian institutions to Damascus.Syria’s entry into the international coalition against ISIL in November reshaped its role from obstacle to partner, fundamentally altering the rationale for a continued U.S. military footprint.Analyst Charles Lister noted that the last U.S. convoy was routed overland through Jordan rather than Iraq to reduce exposure to potential attacks by Iranian‑backed militias operating in the region.