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US Secretary of State Marco Rubio has assured that the Strait of Hormuz will reopen after the ongoing conflict with Iran. In an exclusive interview with Al Jazeera, Rubio emphasized that the strait will be reopened either with Iran's consent or through an international coalition including the US.The conflict began on February 28 with US-Israeli strikes on Iran. Despite US President Donald Trump stating that the US is pursuing diplomacy, Rubio mentioned ongoing direct talks between the US and Iran, primarily through intermediaries. Iran has denied these talks are happening.Rubio called on Iran to take concrete steps to end its nuclear programme and cease manufacturing drones and missiles. He accused Iran of seeking nuclear weapons to threaten and blackmail the world, which Tehran denies.The situation remains volatile, with speculation about a possible US troop deployment in Iran. Rubio warned of severe consequences if Iran keeps the strait closed after the conflict ends. The White House has considered various military options, including a special forces operation to seize enriched uranium stored in Iran.

US President Donald Trump has stated that his 'preference would be to take the oil' in Iran, sparking concerns about the potential for a US invasion or occupation of the country. Iran is one of the world's biggest oil producers, holding around 24 percent of the Middle East's and 12 percent of the world's proven oil reserves, with about 157 billion barrels of proven crude oil.The Trump administration has threatened to target Iran's energy infrastructure, including oil wells, if Tehran does not reopen the Strait of Hormuz, which has been under a de facto Iranian blockade for weeks, triggering a global energy crisis. The US has also unveiled plans to prepare for limited ground operations in Iran, potentially including raids on Kharg Island and coastal sites near the Strait of Hormuz.Seizing Iranian oil would not be easy, as the US would have to occupy Iran's oil production sites and refineries, essentially occupying mainland Iran. However, if the US were to lift sanctions on Iranian oil after seizing it, it could lead to a flow of more Iranian oil into global markets, bringing down oil prices.The US-Israeli war on Iran has already sent global oil prices soaring, with benchmark Brent crude rising to more than 3 percent on Monday to $116 a barrel – the highest level in nearly two weeks. The oil price was about $65 per barrel before the war.In 2023, Iran's gross domestic product (GDP) was around $457.5bn, according to World Bank data. Iran's net oil export revenues were estimated at $53bn, equivalent to roughly 12 percent of Iran's GDP.This is not the first time the US has shown an interest in Iranian oil. In 1953, the government of Mohammad Mossadegh, Iran's first democratically elected prime minister, was toppled in a CIA-orchestrated coup after he nationalised the British-controlled firm Anglo-Iranian Oil Company (AIOC), the predecessor of modern-day BP.

Islamabad became the focal point of a new diplomatic track when the foreign ministers of Saudi Arabia, Turkey and Egypt arrived this weekend, joining Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar. The quartet pledged to channel U.S. and Iranian confidence in Pakistan’s ability to host direct talks aimed at a comprehensive settlement. At the close of the meeting, Dar announced the creation of a Committee of Four—senior officials from each foreign ministry tasked with ironing out the procedural details of the peace process. The gathering marks the evolution of a broader Arab‑Islamic consultative effort that began in Riyadh on March 19 into a focused four‑nation push, with Pakistan positioned as the primary conduit between Washington and Tehran. In a candid interview with the Financial Times, U.S. President Donald Trump declared his “favourite thing is to take the oil in Iran,” hinting at a possible seizure of Kharg Island, which handles roughly 90 % of Iran’s crude exports. He reiterated an April 6 deadline for Tehran to accept a deal or face U.S. strikes on its energy infrastructure, yet on Air Force One he added, “I do see a deal in Iran, yeah. Could be soon,” describing the negotiations as “extremely well” progressing. Analysts stress that these mixed signals underscore the central tension confronting Pakistan’s initiative. While Islamabad and its partners are building a multilateral framework to curb escalation, Israeli strikes continue and the U.S. military presence in the region expands. Key diplomatic insights came from former Pakistani officials. Former information minister Mushahid Hussain Sayed highlighted the meeting as the first institutional Muslim‑world effort to open a dialogue pathway, noting that Pakistan and Turkey are among the most credible interlocutors—one a nuclear power, the other a NATO member. He cautioned, however, that the steps are “baby steps” in a war that is rapidly complicating. Former ambassador Masood Khan described the Committee of Four as a structured back‑channel enabling a “step‑by‑step, layered, and calibrated process.” He outlined four potential stages: trust‑building measures, cease‑fire negotiations, direct talks on the nuclear programme and the Strait of Hormuz, and finally reciprocal commitments. Khan warned that Iran’s demands for war reparations and sovereignty over the Strait could prove the toughest hurdles. High‑level outreach extended beyond the region. Pakistan’s Prime Minister Shehbaz Sharif held a 90‑minute call with Iranian President Masoud Pezeshkian, while China’s Foreign Minister Wang Yi pledged full backing for the initiative. A senior Pakistani diplomat confirmed Dar’s planned visit to China on March 31, underscoring the strategic weight of the Pakistan‑China relationship. On the economic front, Iran’s agreement to allow 20 Pakistani‑flagged vessels through the Strait of Hormuz represents the most immediate confidence‑building measure. The strait remains effectively closed to regular shipping, prompting the International Energy Agency to label the disruption as the “worst oil shock in history,” surpassing the crises of 1973 and 1979. Brent crude surged above $116 per barrel, up more than 50 % since the war began on February 28, while WTO Director‑General Ngozi Okonjo‑Iweala warned of the “worst trade disruptions in the past 80 years.” Nevertheless, experts argue that the Strait should not become the centerpiece of any settlement. The long‑term resolution will likely involve all eight littoral states under UNCLOS and established legal precedents, with the immediate priority being a broader halt to hostilities. Military dynamics remain volatile. U.S. Central Command reported that an amphibious task force of roughly 3,500 Marines and sailors aboard the USS Tripoli arrived in the region, with an additional 2,200 Marines and 2,000 soldiers from the 82nd Airborne Division slated to deploy. Trump affirmed that military options are still on the table, and reports suggest the Pentagon is preparing for potential ground operations. Iran’s leadership remains skeptical. A spokesperson for Iran’s Ministry of Foreign Affairs described the U.S. 15‑point plan—calling for a one‑month cease‑fire, handover of highly enriched uranium, a halt to enrichment, missile curbs, and an end to proxy support—as “unrealistic, illogical and excessive.” Tehran’s counter‑proposal, aired on Press TV, demands a halt to aggression, concrete guarantees against recurrence, reparations, and formal recognition of Iranian sovereignty over the Strait of Hormuz. Analysts such as Reza Khanzadeh of George Mason University argue that the burden of compromise falls on Washington, noting that Iran will not sacrifice regime survival. Meanwhile, former diplomat Masood Khan identified the most decisive confidence‑building measure as a U.S. commitment to halt Israeli attacks on Iran and Lebanon—a step he admits is “easier said than done.” In sum, Pakistan’s diplomatic corridor offers a glimmer of hope, but deep mistrust, divergent demands, and an accelerating military buildup render the path to a lasting settlement precarious.

A Canadian content creator has captured rare footage showing dozens of ships congested in the Hormuz Strait, one of the world's most critical maritime chokepoints for global oil transportation.The strategic waterway, which connects the Persian Gulf with the Gulf of Oman and the Arabian Sea, typically sees continuous vessel traffic carrying oil from major producers to global markets. The documented congestion represents an unusual occurrence in this vital transit route.The Hormuz Strait is essential to global energy security, with approximately 20% of the world's traded oil passing through this narrow channel. Any disruption to maritime traffic in this region can have significant implications for international oil prices and supply chains.While the exact cause of the congestion remains unclear, such incidents highlight the geopolitical sensitivity of this critical waterway. The strait has previously been the site of tensions involving regional powers and international naval forces.The Canadian YouTuber's documentation provides rare visual evidence of the scale of the maritime traffic jam, offering valuable insight into the operational challenges faced in one of the world's busiest shipping lanes.

The International Atomic Energy Agency (IAEA) has reported that Iran's Khondab heavy water reactor is no longer operational. This development comes as part of ongoing scrutiny of Iran's nuclear program.The Khondab reactor, located in Iran, was a significant component of the country's nuclear infrastructure. The IAEA's confirmation of its non-operational status provides insight into the current state of Iran's nuclear capabilities.The IAEA's monitoring of Iran's nuclear program is crucial in ensuring compliance with international agreements and understanding the country's nuclear activities.

Kuwait's Ministry of Electricity confirmed that an Iranian attack on a power and water desalination plant resulted in the death of an Indian worker and significant material damage to a service building. The attack is part of Iranian aggression against Kuwait, according to the ministry.Emergency response teams were quickly dispatched to the site to manage the aftermath and ensure continued operations. The incident occurred as regional tensions spike following the start of the US-Israeli war on Iran over a month ago.Iranian forces have retaliated against Israel and countries hosting US military assets with drone and missile strikes, causing casualties and infrastructure damage. The conflict has also led to Iran effectively blocking the Strait of Hormuz, a critical passage for 20% of global oil and liquefied natural gas, driving up energy prices and unsettling financial markets.The vulnerability of critical water infrastructure in one of the world's most water-scarce regions has been exposed by the war. Kuwait has faced repeated attacks since the conflict began, including the detection of 14 missiles and 12 drones in its airspace, with several targeting a military camp and injuring 10 servicemen.The US and Israeli attacks on Iran have killed over 2,000 people, including high-ranking officials and children, and destroyed critical infrastructure. The situation remains volatile, with US President Donald Trump pausing threatened attacks on Iranian energy plants until April 6, and Iran vowing to respond to any attacks on its facilities with strikes on energy sites across the Gulf region.

The recent open letter from 60 clergy members, addressed to the author, underscores a shared concern for planetary stewardship and acknowledges that human‑generated carbon emissions are warming the climate. However, the signatories and the author diverge sharply on the appropriate policy response. Marshall contends that an outright ban on fossil fuels is both impractical and ideologically driven, creating a collective‑action dilemma for the UK. He notes that while the nation pursues a rapid net‑zero transition, major emitters such as India and China operate on markedly different timelines, and the United States has withdrawn from the Intergovernmental Panel on Climate Change (IPCC). This leaves Britain navigating a path of unilateral economic disarmament. Industrial electricity rates in the UK have surged to two‑and‑a‑half to three times those in China and four times those in the United States. Such cost differentials are eroding the global competitiveness of sectors ranging from steel and oil refining to chemicals, automotive manufacturing, and emerging AI industries. The result, according to Marshall, is a wave of factory closures, investment pull‑backs, and significant job losses across the nation's industrial heartlands. Beyond macro‑economic concerns, the policy’s social toll is stark. Older and low‑income households are bearing the brunt of soaring energy bills, with an estimated 2,500 excess deaths last year attributed to an inability to adequately heat homes. This humanitarian impact, Marshall argues, contradicts the very notion of “human flourishing” that climate advocates champion. While acknowledging that every policy entails trade‑offs, Marshall warns that the clergy’s proposal would impose severe personal costs on working‑class Britons without delivering the promised climate benefits. He concludes that the current net‑zero trajectory is unlikely to curb global warming and instead jeopardizes the UK's economic vitality and social wellbeing. Paul MarshallChair, Marshall Wace; personal investor in GB News

Submersible hydroelectric systems are emerging as a pivotal component of North America’s clean‑energy strategy, especially as the Trump administration eliminates key subsidies for solar and wind. The technology, already proven in Alaska and Maine, is now being deployed in the densely populated Great Lakes corridor, where electricity demand and prices are climbing sharply. Last month, Ocean Renewable Power Company (ORPC) announced its first urban installation on the St Lawrence River in Montreal, slated to launch two carbon‑fiber turbine units later this year. ORPC’s CEO Stuart Davies highlighted the river’s “consistent, high‑velocity water” and estimated a 60‑90 MW resource potential for the Montreal area alone. In parallel, ORPC is preparing a second project on the Niagara River near Buffalo, New York, and plans a future deployment on the lower Mississippi River between Baton Rouge and New Orleans. The timing coincides with record electricity price spikes across the Great Lakes. New York’s public service commission approved substantial rate hikes in September, and further increases are scheduled for 2027, while Michigan and Ohio face similar pressures driven by data‑center expansion. These economic pressures are driving interest in marine‑based power. Unlike traditional hydropower, ORPC’s devices resemble “push‑lawn‑mower blades” and can generate between 0.5 MW and 5 MW continuously, offering a potential baseload for industrial users and a reliable backup during grid outages. Environmental considerations remain central. While Quebec benefits from long‑standing, low‑cost hydropower, U.S. projects endure an average eight‑year licensing timeline. Critics worry about impacts on fish and wildlife, though ORPC cites its Alaska deployment—operating since 2019 without recorded fish injuries despite massive salmon migrations—as evidence of minimal ecological risk. Researchers are also expanding the technology’s reach to slower‑moving waters. University of Michigan professor Michael Bernitsas demonstrated the Vivace system on the St Clair River, capable of harvesting energy from currents as low as 0.5 m/s, suggesting broader applicability across the Great Lakes watershed. Operating in fresh water offers a distinct advantage: the absence of salt eliminates corrosion, extending turbine lifespan and reducing costs compared with ocean‑based projects. Some European tidal installations have even anchored devices to riverbeds to avoid ice damage, a practice ORPC may adopt. Financially, the sector benefits from a 40‑50 % investment tax credit that remains intact, even as the Trump administration phases out Biden‑era subsidies for solar and wind. The National Hydropower Association confirms that marine‑energy tax incentives will stay in place through at least 2033, reshaping the competitive landscape and attracting inquiries from entities in over 70 countries. As electricity bills rise and policy shifts favor alternative renewables, submersible hydropower could become a cornerstone of the Great Lakes’ energy mix, delivering resilient, low‑carbon power while navigating regulatory and environmental hurdles.

China's economy is heavily reliant on oil refining, particularly in Shandong province, where independent 'teapot' refineries play a crucial role. These small refineries, often operating on thin margins, have been vital in keeping China's economy stable amidst the global energy crisis. The crisis began with US-Israel strikes on Iran, causing chaos in the Middle East and prompting Tehran to effectively close the Strait of Hormuz, a vital waterway for oil and gas flows. However, Iranian oil has continued to flow to China, with imports reaching about 1.6 million barrels per day. China's teapot refineries are now facing significant challenges due to rising crude prices. Iranian light crude, which was previously $11 cheaper than Brent crude, now has a discount as low as $2 per barrel. This has reduced the refineries' profits, with some workers fearing salary cuts. The impact is being felt across the industry, with Luqing Petrochemical, one of Shandong's prominent teapots, allegedly sanctioned by the US for buying Iranian oil. The company has started pressuring employees to quit by cutting salaries and relocating them to difficult work sites. The economic shock is also affecting ordinary people in China, with the government intervening in the retail fuel market to reduce a planned increase in petrol and diesel prices. However, if prices continue to rise, some teapot refineries may go bust. The long-term threat to the industry is not just the war but also the rise of electric vehicles, according to Uncle Wang, a petrol station owner in Weifang. As China transitions to cleaner energy sources, the demand for oil is expected to decline, posing a significant challenge to the teapot refineries and the thousands of people they employ.