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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.

In an urgent 11‑hour appeal posted on X, Pakistani Prime Minister Shehbaz Sharif asked U.S. President Donald Trump to push back the deadline for his proposed Iran deal by two weeks. Sharif also called on Tehran to fully reopen the Strait of Hormuz for the same period, framing the move as a goodwill gesture that could bolster ongoing diplomatic talks aimed at ending the U.S.–Israeli war on Iran. Sharif wrote that “Diplomatic efforts for peaceful settlement of the ongoing war in the Middle East are progressing steadily, strongly and powerfully with the potential to lead to substantive results in the near future,” and added that a temporary cease‑fire across the region would give negotiations a chance to succeed. The White House, through press secretary Karoline Leavitt, confirmed that President Trump is aware of Pakistan’s proposal and that an official response will be forthcoming. Meanwhile, a senior Iranian official told Reuters that Tehran is “positively reviewing” the request. Trump has intensified his rhetoric, warning on Truth Social that the United States would “destroy the Iranian civilization” if Tehran does not fully open the Strait of Hormuz and comply with his terms. Iran has responded by nearly halting maritime traffic through the waterway, which carries about one‑fifth of the world’s oil and LNG shipments, as retaliation for recent U.S.–Israeli strikes on Iranian soil. The Islamic Revolutionary Guard Corps warned it would not hesitate to strike back if U.S. forces target civilian facilities. In parallel, Israel has launched attacks on Iranian railways and bridges, while Iranian forces have struck targets in Bahrain, Qatar and the United Arab Emirates. A Pakistani source speaking to Al Jazeera noted that “we’re at a dangerous escalation, but the possibility of diplomacy can’t be ruled out till the last minute,” emphasizing Islamabad’s commitment to keeping all diplomatic channels open despite internal opposition. Legal experts have warned that Trump’s threats to target civilian infrastructure could amount to a war crime. Yale University professor and U.S. legal scholar Oona Hathaway warned that any such action would become “exhibit A” in future war‑crimes tribunals, noting that there is no statute of limitations for these offenses. As the deadline looms, the international community watches to see whether Trump will grant the requested extension, whether Iran will reopen the strategic strait, and whether diplomatic momentum can translate into a lasting cease‑fire in the volatile Middle East.

Judith Rapoport, a leading child psychiatrist, passed away at 92, leaving a legacy defined by her groundbreaking work on obsessive‑compulsive disorder (OCD). Her 1989 book, The Boy Who Couldn’t Stop Washing, translated into more than twenty languages, presented complex research in a clear, jargon‑free style that resonated with a broad audience. OCD is characterized by compulsive rituals—re‑tying shoelaces, repeatedly checking switches, or incessant hand‑washing—that can dominate a person’s daily life. Before Rapoport’s book, many sufferers concealed their symptoms out of shame, unaware that they were not alone. Rapoport’s research demonstrated that OCD has a neurological foundation and may affect up to 2% of the population, challenging prevailing beliefs that it stemmed from overly strict parenting. She proved that the disorder can be hereditary and responsive to medication. In a pivotal 1989 double‑blind trial, she showed that the antidepressant clomipramine significantly reduced OCD symptoms, prompting the U.S. Food and Drug Administration to approve its use for the condition—a landmark moment in psychiatric treatment. Patients and colleagues credit her work with reducing stigma. "Reading Rapoport’s book washed away my shame," recalled Charles Gentz, who lives with OCD, while Professor Gabrielle Shapiro of the Icahn School of Medicine noted that the book “reduced the stigma for these people.” Rapoport herself reflected, “If my work alleviated just part of their pain, then it was not wasted time.” Born in New York City to a schoolteacher mother and a businessman father, she grew up with a literary lineage—her grandfather translated Ibsen into Yiddish. She excelled academically, graduating magna cum laude from Swarthmore College in 1955** and earning her medical degree from Harvard Medical School in 1959, where she met her husband, Stanley Rapoport. After early positions at Mount Sinai and the Massachusetts Mental Health Center, she and her husband secured fellowships in Sweden, conducting research at Uppsala University and the Karolinska Institute on women seeking abortions abroad. Returning to the United States, Rapoport joined the National Institute of Mental Health (NIMH) in 1976. There she led the institute’s child psychiatry branch from 1984, steering American psychiatry away from Freudian models toward a **biology‑focused** approach. Beyond OCD, she made significant contributions to the understanding of attention‑deficit hyperactivity disorder (ADHD) and childhood schizophrenia. Her 1978 study revealed that amphetamine improved concentration in both hyperactive and control children, contradicting the notion that stimulants only calm hyperactivity. Using MRI, she showed that childhood schizophrenia is progressive, involving loss of brain matter—a finding that shifted the focus from parenting to neurobiology. Rapoport’s expertise reached mainstream audiences through appearances on shows hosted by Oprah Winfrey and Larry King, further amplifying her message. By the time she retired in 2017, she had authored over 300 scientific papers, several books, and earned prestigious honors, including fellowship in the Institute of Medicine (1991) and the American Academy of Arts and Sciences (2000). Colleague Gabrielle Shapiro described her as “a pioneer who turned child psychiatry into a modern, evidence‑based discipline.” Outside the laboratory, she enjoyed music, theatre, hiking, and gardening. She is survived by her husband, two sons, and four grandsons.

Turkey broke a 24‑year absence from the FIFA World Cup by defeating Kosovo 1‑0 in the playoff final held in Pristina. The decisive goal came from forward Kerem Akturkoglu in the 53rd minute, delivering the Turkish side, ranked 25th globally, a long‑awaited return to football’s premier tournament.The match unfolded before a sold‑out crowd eager to witness Kosovo, ranked 79th, potentially make its first major‑tournament appearance less than a decade after joining FIFA and UEFA. Despite the home advantage, the hosts fell short, ending a remarkable qualifying run.Turkey’s success arrived under the guidance of coach Vincenzo Montella, who blended emerging talents with seasoned internationals to overcome the pressure of two decades of missed qualifications.In the parallel European playoff, Sweden edged Poland 3‑2 to claim their own World Cup ticket. Viktor Gyokeres secured the victory with a late winner two minutes from full‑time, after a seesaw battle that saw Anthony Elanga open the scoring, Nicola Zalewski equalise, and Gustaf Lagerbielke restore Sweden’s lead in the 44th minute.Poland briefly levelled the contest after the break through Karol Swiderski, but Gyokeres capitalised on a chaotic scramble in the box to clinch the win.Sweden’s triumph places them in Group F for the 2026 World Cup alongside the Netherlands, Japan and Tunisia, marking the nation’s first tournament appearance since 2018.

President Donald Trump is reportedly weighing a request for Arab countries to fund the U.S.–Israel war on Iran, White House spokesperson Karoline Leavitt told reporters on Monday. Leavitt said the president is "quite interested" in calling on regional partners to share the expense.The idea mirrors the financing arrangement of the 1990‑91 Gulf War, when a coalition of Arab and Western nations covered roughly 88% of the $61 billion cost, leaving the United States to foot only about 12%.Trump also hinted that, even if the Strait of Hormuz remains closed, other export‑dependent partners should manage the crisis. The strait carries about 20% of the world’s oil and LNG shipments; its shutdown has pushed Brent crude to **$116 per barrel**, up from pre‑war levels near **$65**.Iran, meanwhile, has demanded that the United States pay reparations to Iranian victims as a precondition for any cease‑fire.So far, there is no clear commitment from Gulf Cooperation Council (GCC) members—countries that have themselves been hit by Iranian strikes—to finance the conflict. Analysts estimate the total bill could run into tens of billions of dollars, though exact figures remain uncertain.Experts note a shift in regional attitudes: GCC states opposed the war before it began and continue to call for diplomacy, according to Zeidon Alkinani of the Arab Perspectives Institute. He added that Israel appears to be the primary driver pushing the United States into the confrontation.History shows the United States has repeatedly sought external funding for wars it leads. During the Gulf War, Saudi Arabia contributed $16.8 billion (27% of total costs) and Kuwait $16 billion (26%). Japan, Germany, the UAE and South Korea also supplied sizable sums.Post‑World War II, the U.S. administered the Marshall Plan, providing over $13 billion to rebuild Europe, while Germany and Japan paid reparations and later funded the upkeep of U.S. bases—about $1 billion annually each.In the ongoing Ukraine war, the United States once delivered the largest aid package—€114.64 billion (≈$134 billion) by mid‑2025. Since Trump returned to office in 2025, he has withdrawn **99% of U.S. support**, shifting the financial load to European allies and turning the U.S. into a major arms supplier, with weapons sales reaching a record **$318.7 billion in 2024**. Recent deals, such as a $10 billion weapons package for Ukraine financed by European partners, illustrate this new model.These precedents underscore a pattern: when U.S. leadership faces costly overseas engagements, it often looks to allies—especially those with strategic interests—to share or assume the fiscal burden.

Donald Trump has issued a stark warning to Iran, threatening to "obliterate" its power stations and fresh water plants if a peace deal is not reached soon. This comes as the US and Israel's joint war against Iran enters its second month, with Tehran remaining defiant in the face of US peace proposals.The conflict has already had significant repercussions, including a record monthly rise in oil prices and concerns over a potential US ground operation to seize Kharg Island. Trump's threat to destroy civilian infrastructure, such as power and water facilities, has been condemned by human rights groups as a potential war crime.The White House has also suggested that Arab countries may be asked to help foot the bill for the war, adding a new dimension to the conflict. "It's an idea that I know that he has," said White House press secretary Karoline Leavitt.International pressure is mounting, with Spain closing its airspace to US planes involved in the conflict and the UK's prime minister reiterating that "this is not our war and we are not going to get dragged into it". Egypt's president, Abdel Fattah al-Sisi, has called on Trump to end the war, warning that "no one will be able to stop the war in our region".The conflict threatens to plunge the global economy into recession and trigger shortages of food and pharmaceuticals. The International Monetary Fund has warned that "all roads lead to higher prices and slower growth worldwide" if the conflict continues.

The United Nations Refugee Agency (UNHCR) has issued a grave warning that Lebanon faces the threat of a humanitarian catastrophe as Israel continues its weeks-long bombardment and expands ground operations across the country.UNHCR's Lebanon representative Karolina Lindholm Billing reported that Israeli strikes and forced displacement orders have affected people throughout Lebanon, from the southern regions to the Bekaa Valley, Beirut, and northern areas. More than 1.2 million people have been forced from their homes since Israel's intensified attacks began in early March, according to UN figures."The situation remains extremely worrying and the risk of a humanitarian catastrophe ... is real," Lindholm Billing stated during a briefing in Geneva. She emphasized that Lebanon's overstretched shelter system is struggling to meet the growing needs of displaced families.The UN representative highlighted particularly concerning developments, including strikes on central Beirut's densely populated neighborhoods where many had sought refuge in collective shelters. "The families are ... living in constant fear, and the psychological toll, particularly on children, will last far beyond this current escalation," she added.Israel launched its intensified attacks against Lebanon after Hezbollah fired rockets toward Israeli territory following the February 28 assassination of Iranian Supreme Leader Ayatollah Ali Khamenei in the US-Israel war on Iran. The Israeli military has since conducted aerial and ground operations across Lebanon while issuing mass forced displacement orders for residents of southern areas and several Beirut suburbs.On Friday, the Israeli military announced air strikes on Beirut and issued new displacement orders for neighborhoods including Haret Hreik and Burj al-Barajneh. Meanwhile, Hezbollah has continued rocket attacks into northern Israel and confrontations with Israeli troops in southern Lebanon.Rights groups have strongly condemned Israel's expanded operations, with Human Rights Watch warning that preventing Lebanese civilians from returning to their homes in the south may constitute the war crime of forced displacement. "Israel's tactics of mass expulsion in Lebanon raise serious risks of forced displacement," the organization stated. "Forced displacement and collective punishment are war crimes."International concerns have been further heightened by the Israeli military's destruction of civilian homes and several bridges connecting southern Lebanon to the rest of the country. "The destruction of key bridges in the south has cut off entire districts ... isolating over 150,000 people and severely limiting humanitarian access," Lindholm Billing explained.As the crisis deepens, Lebanon's government faces mounting challenges in responding to the rapidly deteriorating humanitarian situation, with evacuation orders now extending to areas previously considered safe, exacerbating panic among the civilian population.

Oil prices have climbed higher amid fading hopes of deescalation in the Iran war following Tehran’s denial that talks with the United States are under way.Futures for Brent crude, the international benchmark, rose nearly 2 percent on Thursday to top $104 per barrel after Tehran dismissed reports of direct negotiations with US President Donald Trump’s administration.The rise comes after oil prices eased on Wednesday following reports that Trump had shared a 15-point plan for ending the war with Iran.Iranian Foreign Minister Abbas Araghchi said in an interview with state media aired on Wednesday that Tehran was not engaged in direct talks with Washington and has “no intention of negotiating for now”.White House Press Secretary Karoline Leavitt warned on Wednesday that Iran would be “hit harder” than ever before if Tehran did not accept military defeat.Iran’s effective closure of the Strait of Hormuz, a conduit for one-fifth of global oil supplies, and its attacks on energy facilities across the Middle East have prompted a surge in energy prices worldwide.Oil prices are up more than 40 percent compared with before the US and Israel launched strikes on Iran on February 28, prompting numerous countries to implement fuel rationing and other energy conservation measures.Market-watchers say prices are likely to rise further until shipping is free to traverse the strait, despite efforts by countries to bolster supply by tapping emergency stockpiles in coordination with the International Energy Agency.While Tehran has repeatedly claimed that the strait is open to ships that are not aligned with its enemies, daily transits have all but collapsed since the start of the conflict.Four vessels were tracked transiting the waterway via their automatic identification systems on Tuesday, down from an average of 120 daily transits before the conflict, according to maritime intelligence firm Windward.

Coco Gauff has reached the Miami Open final for the first time in her career with a convincing 6-1, 6-1 victory over Karolina Muchova. Despite Muchova's recent form, which included winning her first WTA 1000 title in Doha last month, Gauff's dominant performance was too much for her opponent.Gauff, only 22 years old, showcased her immense defensive skills, tracking down every ball and mixing up the pace and trajectory of her shots. This strategy left Muchova, known for her volleying skills, struggling to find her rhythm. Muchova's 0-5 record against Gauff continued, with Gauff taking full advantage of being on the winning side of this lopsided matchup.Earlier in the week, Gauff had expressed uncertainty about competing in Miami due to an arm injury. However, she opted to play and has since drawn on her mental strength to navigate through four three-set matches. Her recent wins against Belinda Bencic and Muchova have been particularly impressive, considering her remodelled serve and poor form this year.Gauff's next challenge will be to lift the trophy in the final on Saturday against the winner of the match between Aryna Sabalenka and Elena Rybakina, two of the best players in the world.