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The recent ceasefire between the United States, Israel, and Iran has brought a fragile calm to the region, but experts warn that energy prices may take months to normalize. The conflict had a significant impact on global oil and gas supplies, particularly through the Strait of Hormuz, a critical waterway through which 20% of the world's oil and gas exports pass.Iran's response to US-Israeli attacks included choking off the Strait of Hormuz and attacking energy infrastructure in several Gulf countries. This led to soaring prices for energy and byproducts like helium, as well as fertilizers that rely on these inputs, affecting sowing seasons and consumers worldwide, especially in developing countries.Experts stress that a predictable and stable flow of cargo through the strait is needed before markets can stabilize. Currently, only a trickle of vessels are passing through, with five vessels crossing on Wednesday and seven on Thursday, down from 120-140 ships per day before the conflict.Rockford Weitz, a professor at The Fletcher School at Tufts University, described the situation as 'the biggest disruption in the history of global oil markets.' He emphasized that normalization will take time and requires collaboration among global powers and regional players.Additionally, concerns remain about Iran charging toll fees and skyrocketing insurance fees, which could keep oil prices high. However, experts agree that these fees are not the primary cost drivers.The International Monetary Fund (IMF) has warned of a looming inflation crisis and plans to downgrade its forecast for the world economy. Kristalina Georgieva, IMF managing director, stated that growth will be slower, even if the new peace is durable.For now, oil prices are expected to remain higher than pre-war levels due to the overhang of greater risk premium of supplies out of the Gulf. The situation remains uncertain, with experts closely watching for any side deals, such as a potential agreement between Iraq and Iran, which could impact oil production and prices.

The US Court of International Trade is hearing oral arguments in a case aimed at overturning President Donald Trump's global import tariffs. The tariffs, which were imposed in February, have been met with opposition from several US states and small businesses.The plaintiffs, including 24 mostly Democratic-led states and two small businesses, argue that the 10% global import tax sidesteps a Supreme Court ruling that invalidated most of Trump's previous tariffs. They claim that the tariffs are based on archaic authority meant to protect the US dollar from sudden depreciation in the 1970s, not to address routine trade deficits.Oregon's lawyer, Brian Marshall, told the judges that they should block the tariffs rather than let them expire on the normal 150-day timeline, to prevent Trump from invoking laws to keep them indefinitely. "[If] we have a successive series where there's always tariffs in place, that's a problem," Marshall said.The Trump administration has argued that the global tariffs are a legal and appropriate response to a persistent trade deficit caused by the fact that the US imports more goods than it exports. "President Trump is lawfully using the executive powers granted to him by Congress to address our country's balance of payments crisis," White House spokesperson Kush Desai said.The case is significant as it challenges Trump's use of Section 122 of the Trade Act of 1974, which authorises duties of up to 15% for up to 150 days on imports during "large and serious United States balance-of-payments deficits" or to prevent imminent depreciation of the dollar.

Arne Slot acknowledges that last season’s Premier League title postponed the inevitable end of an era at Liverpool, but stresses that the club recognised the need for a rebuild when he was appointed to succeed Jürgen Klopp. Two more stalwarts of the Klopp era – Andy Robertson and Mohamed Salah – will exit on free transfers this summer, further signalling the transition. The remaining veterans who delivered league and Champions League glory – Virgil van Dijk, Alisson and Joe Gomez – are now entering the final years of their contracts. The campaign has been harsh, with Liverpool suffering 16 defeats, a tally Slot describes as “unacceptable”. Yet he insists that he, sporting director Richard Hughes, chief executive of football Michael Edwards, and the owners at Fenway Sports Group remain aligned on the causes of the club’s struggles and the path forward. “It’s normal for clubs to go through cycles,” Slot explained. “We were fortunate that last season’s success delayed the start of this cycle, but now we must manage the break‑up of a great Liverpool side.” He highlighted that the departing players have benefited from last summer’s signings, gaining insight into the club’s ethos and work ethic. Despite the recent run of poor results, Slot feels the backing of the board and, surprisingly, the fans. “Support isn’t always shouted daily; it’s felt in the conversations we have and the shared understanding of the challenges,” he said, adding that he has sensed that support since arriving at Anfield. Slot concluded, “Everyone – the ownership, Richard, Michael and the wider club – sees the same issues. We are all aligned on what needs to be done and why.”

The latest offering from writer Theo Jamieson and director Adam Lenson is a boldly conceived musical that thrusts a turbulent romance into a sci‑fi framework. The story follows a young astronaut, Daniel, who vanishes from his shuttle with barely enough fuel, prompting a quest to uncover the motives behind his reckless flight.Stuart Thompson (as Daniel) and Poppy Gilbert (as Emily) anchor the piece with performances that are both visceral and nuanced. Their chemistry captures the push‑pull of a relationship scarred by childhood bullying, parental betrayal, and a shared history of trauma, delivering songs that soar and hit hard.Visually, the production leans heavily on interstellar projections that transform the stage into a shifting cosmos, while the score oscillates between Sondheim‑style wit and full‑blown symphonic passages. This combination creates an epic sense of strangeness that distinguishes Flyby from more conventional West End fare.However, the narrative’s fragmented structure hampers its emotional payoff. The non‑chronological storytelling leaves critical gaps, and the metaphor of being "stranded in space" feels over‑extended—especially with the protagonist’s surname, Defoe, a thin nod to Robinson Crusoe. The three narrators, played by Simbi Akande, Gina Beck, and Rupert Young, often drift into digressive asides that dilute the central arc.Despite these flaws, moments of brilliance emerge, particularly in the musical’s treatment of mental‑health themes. The show hints at the potential to join the ranks of modern theatre successes like Next to Normal and Dear Evan Hansen, should its structural rough edges be smoothed.The production is currently staged at Southwark Playhouse, Borough, London and will run through 16 May. Audiences seeking a daring blend of emotional intensity and cosmic spectacle will find Flyby a compelling, if imperfect, experience.

Amazon's highly anticipated satellite internet service, Leo, is expected to go live in mid-2026, according to CEO Andy Jassy. The company has been working on the project, originally conceived as Project Kuiper in 2019, and has secured revenue commitments from enterprises and governments for the scheme.Leo currently has 200 low-orbit satellites in space, with plans to launch a few thousand more in the coming years. While this puts Amazon on track to become the second commercial satellite presence in space, it still lags behind SpaceX's Starlink, which has nearly 10,000 satellites in space and aims to have as many as 42,000 operational in the future.Jassy emphasized that Leo will seamlessly integrate with Amazon Web Services (AWS) to enable enterprises and governments to move data back and forth for storage, analytics, and AI. Additionally, Delta Air Lines has partnered with Leo to provide onboard WiFi for its planes, starting with 500 planes in 2028.Despite being behind rivals such as Starlink and OneWeb, Amazon's efforts have been hindered by relying on competitors' rockets for launches. However, plans have been announced for Blue Origin, owned by Jeff Bezos, to take primary responsibility for launching Leo satellites from 2027 onwards.The rivalry between Amazon and SpaceX is expected to shape the commercial space industry in the coming decades, with both companies interested in setting up datacentres in orbit and normalizing commercial space travel.

The recent threat by the US President to commit genocide against Iran is a stark reminder of the dangers of normalizing violence and aggression. This threat comes on the heels of Israel's continued bombing in Lebanon, which has resulted in the killing of over 200 people in a single day.The connection between these events and the situation in Gaza is clear. The destruction of Gaza, which has been described as a "civilization wiped out", has been normalized by western politicians and media outlets. The killing of thousands of Palestinians, including 20,000 children, has been met with relative silence and inaction.The article highlights the role of lobbying and strategic interests in shaping western policy towards Israel and Palestine. The American Israel Public Affairs Committee (AIPAC) has spent $221m since December 2021, influencing political campaigns and shaping public opinion.The author argues that the normalization of genocide in Gaza has paved the way for the current war with Iran. The use of similar rhetoric and tactics, such as the targeting of critical infrastructure and the dehumanization of enemies, has created a template for violence that is now being applied to Iran.The article concludes that the price of cowardice and complicity in these atrocities will be paid by innocent civilians in the Middle East and beyond. The normalization of genocide and violence has created a world where barbarism is accepted and the line between the permissible and the unthinkable is constantly shifting.

European airports have issued an urgent warning that jet fuel shortages could materialise within the next three weeks if the Strait of Hormuz remains closed.Airports Council International (ACI) Europe addressed a letter to EU transport commissioner Apostolos Tzitzikostas, stating the bloc is only three weeks away from a systemic shortage.The threat is linked to the ongoing US‑Israel conflict with Iran, which has effectively shut the strait—a key shipping lane for Gulf oil exports—pushing Brent crude to around $96 per barrel, up from roughly $72 before the hostilities.ACI warned that without a stable resumption of traffic through Hormuz within three weeks, a “systemic jet fuel shortage is set to become a reality for the EU.”Jet‑fuel prices have more than doubled year‑on‑year, reaching $1,650 per tonne according to IATA data. Europe’s price surge stands at 138%, while Asia has seen a 163% increase.Ryanair chief Michael O’Leary highlighted that the United Kingdom, heavily dependent on Kuwaiti supplies, is the most vulnerable market in Europe.Shipping data from Vortexa shows the last Gulf‑origin jet fuel cargo for Europe is due in Copenhagen tomorrow, following a partial delivery to Rotterdam earlier this week. The final tanker bound for the UK arrived in Kent on Tuesday.More than 60% of Europe’s jet fuel traditionally comes from Gulf refineries, with over 40% shipped via the Hormuz corridor. The blockade forces European buyers into direct competition with Asian carriers for alternative cargoes.Australian investment bank Macquarie notes that jet fuel lacks the pipeline alternatives available to crude oil, making the market especially vulnerable. Even if shipments resume, the refined‑product market could take two to three months to normalise, lagging behind crude markets.Airlines have already begun trimming schedules and raising fares, a trend that will feed into broader inflationary pressures. A genuine shortage could force travelers and businesses to postpone trips and shipments, deepening economic damage.ACI called for proactive EU monitoring and action, warning that the peak summer travel season—critical to many economies—could be hit hard if fuel supplies falter.IATA director‑general Willie Walsh cautioned that even with the strait reopened, restoring adequate supply will take months due to disrupted refining capacity in the Middle East. IATA had previously projected a 4.9% year‑on‑year growth in passenger traffic for 2026.

Israeli settlers have made a record number of attempts to smuggle animal sacrifices into the Al-Aqsa Mosque compound during the Jewish Passover festival. A total of seven incidents were documented, the highest number since the Israeli occupation began in 1967.The attempts took place while the 144-dunum (36-acre) compound, along with the Church of the Holy Sepulchre, was sealed off for 40 consecutive days due to security concerns linked to the US-Israel war on Iran. Despite the restrictions, settlers successfully reached the borders of the Old City with their sacrifices on at least two occasions before being stopped.Experts argue that the incidents are part of a long-term strategy by far-right 'Temple Mount groups' to encroach on Al-Aqsa, with the aim of taking it over. The groups view the sacrificial rituals as highly symbolic, signifying a transition from waiting to actual field action.The Palestinian Authority has warned that the push for animal sacrifices represents the 'peak of weaponising religious rituals as a colonial tool' to Judaise the mosque. Suhail Khalilieh, a political analyst and expert on Jerusalem affairs, described the Israeli police's detention of settlers as a 'theatrical play' designed to absorb local and international anger while allowing gradual changes on the ground.The use of artificial intelligence-generated images has also been employed by settler groups to rally support and normalise the practice of animal sacrifices within Israeli society. Khalilieh warned that this poses a 'real strategic threat', as it shifts the idea from being a limited, fringe concept to a full popular demand.

A British warship together with a Royal Air Force P‑8 maritime patrol aircraft monitored three Russian submarines that were trying to survey key undersea infrastructure in the North Atlantic, the defence secretary John Healey said at a Downing Street briefing.Healey explained that the operation, which lasted **over a month**, took place not within UK territorial waters but in the country's exclusive economic zone – the area extending up to 200 nautical miles from the coastline and bordering neighbouring zones.The Russian vessels comprised an Akula‑class nuclear‑powered submarine and two deep‑sea research submarines from the GUGI directorate, a unit that normally conducts peacetime surveys of underwater infrastructure but possesses the capability to damage it in conflict.According to the minister, the British forces tracked and deterred any malign activity around the submarines 24/7, deploying regular sonar buoys to demonstrate continuous monitoring. The presence of the Royal Navy ship and the P‑8 aircraft, supported by NATO allies, left the Russian crews with “no doubt that they were being watched”.As a result, the Akula submarine “retreated home” and the two GUGI subs subsequently exited the UK’s maritime zone, heading northward. The operation involved **about 500 UK personnel**.Healey stressed that there was **no evidence of damage** to any pipelines or cables, but that UK forces and allies would verify the integrity of the infrastructure. He warned President Putin that any attempt to sabotage the network would “not be tolerated and will have serious consequences”.The defence secretary framed the incident as proof that Moscow is “the primary threat to the UK and to NATO”, underscoring the need for heightened vigilance over undersea assets amid the broader security fallout from the Ukraine war and recent tensions in the Middle East.He also linked the episode to broader defence policy, stating that the successful deterrence demonstrates the UK’s ability to detect, deter and, if necessary, respond to threats against its critical maritime infrastructure, while calling for continued investment in defence capabilities.