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Economy Apr 06, 2026

US Defense Contractors and Oil Giants Rake in Record Profits as Iran Conflict Pushes Gas Prices Over $4

Five weeks into the US‑Israel war with Iran, soaring gas prices have lifted US crude to over $110 a…
Two weeks after the United States and Israel entered a direct conflict with Iran, the White House faced mounting criticism that the war would drive up fuel costs and anger voters. Former President Donald Trump attempted to calm concerns on Truth Social, noting that the United States is the world’s largest oil producer and that higher prices translate into higher revenues for American companies. Now, five weeks into the hostilities, the reality is becoming clear: defense contractors and oil companies are the primary beneficiaries of the escalating energy market. The Department of Defense announced that Boeing will partner with Lockheed Martin to triple U.S. production of missile seekers, a move that sent Lockheed Martin’s stock up 25% since the start of the year. The announcement also lifted Boeing’s share price, underscoring how wartime procurement is boosting aerospace valuations. At the same time, Iran’s continued blockade of the Strait of Hormuz—through which roughly one‑fifth of global oil and gas flows—has pushed U.S. crude from $65 to over $110 per barrel in just a month. Pump prices have mirrored this surge, breaking the $4‑a‑gallon barrier for the first time since 2022. Oil majors have responded with sharp stock gains; ExxonMobil, Shell and Chevron have each risen more than 20% year‑to‑date. According to market‑research firm Rystad Energy, U.S. oil producers stand to earn an additional $63 billion as barrels trade above $100. “Oil prices in March have been materially higher than anyone expected, delivering a windfall for the vast majority of U.S. energy companies,” said Leo Mariani, senior analyst at Roth Capital Partners. The last comparable price shock occurred in 2022 after Russia’s invasion of Ukraine, when U.S. gasoline peaked at $5 per gallon and inflation surged to 9%. That episode generated $916 billion in global oil‑and‑gas profits, with U.S. firms accounting for $281 billion. Chevron’s subsequent $75 billion stock‑buyback program—seven times its prior year’s amount—illustrates how quickly companies can translate price spikes into shareholder returns. Research by economists Gregor Semieniuk and Isabella Weber revealed that in 2022, 50% of oil‑company profits went to the top 1% of Americans, while the bottom half of the wealth distribution captured just 1% of those gains. Analysts warn that the current conflict could generate even larger windfalls because it has damaged actual production capacity in the Middle East, not merely reshuffled supply. “You’re benefiting a lot more from higher prices than you are from lost production,” Mariani noted, emphasizing the outsized profit potential. Even if hostilities cease, restoring pre‑conflict output in the region may take months, prolonging the supply crunch. As senior fellow Clay Seagle of the Center for Strategic and International Studies explains, the current situation differs from 2022: “Now we’re dealing with a much more severe supply event because the oil has been actually removed from the market.” Prolonged high prices could eventually curb demand, as consumers and businesses seek alternatives—a shift seen after the 1970s oil shocks when the U.S. moved away from oil‑generated electricity. Nonetheless, many sectors remain vulnerable: diesel, a key fuel for trucks and aircraft, has risen 40%, and airline stocks such as United and American have fallen more than 15% since the year began. Moreover, disruptions to liquefied natural gas (LNG) production threaten fertilizer supplies essential for agriculture. Semieniuk cautions that “we’re approaching the kinds of disruption levels we saw in 2022, and with that, the kinds of profits that we saw there. If this takes longer, it’s going to surpass that.”
#Lockheed Martin #Exxon Mobil #Chevron
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Sport Apr 06, 2026

Arslanbek Makhmudov Prepares to Face Tyson Fury: 'I Will Do Everything to Win'

Arslanbek Makhmudov, a 6ft 5½in Russian boxer, is set to face Tyson Fury at the Tottenham Hotspur S…
Arslanbek Makhmudov, the towering Russian boxer, is gearing up to face Tyson Fury at the Tottenham Hotspur Stadium in London on Saturday night. The 6ft 5½in Makhmudov, who tips the scales at around 270lbs, brings a formidable physical presence to the ring, with 19 of his 21 victories ending in a stoppage.Makhmudov, known for his respectful demeanor, has been praising Fury, calling him 'the professor' and acknowledging his exceptional boxing IQ. However, he believes that spiritual strength will play a crucial role in the fight, stating, 'Inshallah, it is spiritual.'Despite being the underdog, Makhmudov is confident in his abilities, citing his hard-hitting power and mental toughness. He has also drawn inspiration from his past experiences, including a surreal encounter with a bear in Moscow, which he described as 'very terrible.'Makhmudov's faith plays a significant role in his life, and he credits it for giving him the strength and confidence to face Fury. He prays five times a day and believes that with God on his side, he can overcome any obstacle, including a 60,000-strong pro-Fury crowd.Fury, known for his trash-talking, has surprisingly echoed Makhmudov's respectful tone, with Makhmudov appreciating the friendly banter between them. The two fighters have a mutual respect for each other's skills, with Makhmudov acknowledging Fury's legendary status in the boxing world.
#but #makhmudov #his
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Entertainment Apr 06, 2026

Aisling Bea’s ‘Older Than Jesus’ Tour Marries Irreverent Humor with Motherhood Reflections

Irish comedian Aisling Bea, now 42, debuts her first solo stand‑up tour ‘Older Than Jesus’, mixing …
Aisling Bea, 42, finally steps onto the solo stand‑up circuit with a 75‑minute show titled “Older Than Jesus.” The title, a tongue‑in‑cheek nod to the mid‑life milestone of outliving the biblical figure, hints at the personal reflections that anchor the performance. Although Bea is best known for TV hits and a stint on Taskmaster, this is her inaugural headline tour. The material draws heavily on her recent “accidental pregnancy” and the ensuing transition to motherhood, offering a candid look at the chaos and comedy of late‑stage parenthood. True to her reputation, Bea’s humor remains delightfully reckless. She riffs on childhood memories of crafting DIY Dairylea spreads with second‑hand “bodies of Christ,” reenacts a disastrous Take That movie wrap‑party, and even masquerades as a dad in her sister’s antenatal class. Each anecdote is delivered with a cartoonish egotism that celebrates her own absurdity. Physical comedy spikes the night: a deliberately over‑the‑top “slut drop” followed by a playlist curated for her own C‑section. These moments juxtapose the glamour‑obsessed persona she projects on Instagram with the far less polished reality of a new mother, underscoring the show’s central tension. In the closing segment, Bea pivots from pure silliness to a more earnest commentary, using pregnancy and parenthood as lenses to critique entrenched gender expectations. The moral—delivered with a sincere, if slightly unexpected, earnestness—offers a satisfying resolution to a set that otherwise revels in delightful immaturity. The premiere took place at De Montfort Hall in Leicester on 8 April, with the tour set to continue across the UK in the weeks ahead.
#Aisling Bea #Older Than Jesus #Stand-up comedy
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Sport Apr 06, 2026

Six Unforgettable Sporting Triumphs That Defined Pure Joy

A curated look at six iconic moments of elation in sport—from Caroline Wozniacki’s emotional Austra…
1. Caroline Wozniacki – Australian Open 2018: After 67 weeks atop the WTA rankings without a Grand Slam title, the Danish star finally broke through at the 2018 Australian Open. Facing world‑number one Simona Halep in the final, Wozniacki saved match points, abandoned her defensive style, and surged ahead to claim her first major, collapsing in tears as she declared, “I dreamed of this moment for so many years.”2. Fermín Cacho – 1500m Gold, Barcelona 1992: The Spanish runner seized an unexpected victory in a tactical race that unfolded at a snail‑pace pace. With the field hesitant, Cacho surged from the inside lane, powered a 50‑second final lap and crossed the line in 3:40.12 – a time described as “the slowest winning time you could possibly imagine.” His triumph ignited a national celebration, cementing his status as an Olympic legend.3. Max Holloway – UFC BMF Belt Showdown 2024: The featherweight champion delivered a cinematic finish against Justin Gaethje, opting to trade blows in the final seconds rather than await a decision. Holloway’s knockout with one second left created a historic moment in mixed‑martial‑arts, underscoring his reputation for relentless aggression and love of pure, unfiltered competition.4. Garrincha – World Cup Glory 1958 & 1962: Brazil’s “Joy of the People” dazzled the world with his unorthodox dribbling and infectious charisma. Despite a physical handicap, he helped Brazil capture back‑to‑back World Cups, earning player‑of‑the‑tournament honors in 1962 and becoming a cultural icon whose legacy is measured more by the happiness he sparked than by trophies alone.5. Lungi Ngidi – Test Debut vs India, 2018: The South African fast‑bowler announced himself by dismissing cricket superstar Virat Kohli and finishing with figures of six for 39, earning player‑of‑the‑match as South Africa won by 135 runs. Ngidi’s grin after the wicket captured the pure exhilaration of a young athlete realizing a lifelong dream.6. Marco Tardelli – World Cup Final 1982: In the decisive match for Italy, Tardelli’s thunderous celebration after scoring the equaliser resonated with an estimated 56.7 million Italians. His iconic scream, later described as “the moment it came out,” epitomises the raw, uncontainable joy that sport can unleash.
#but #her #joy
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Sports Apr 06, 2026

Reece James poised to return, bolstering England’s 2026 World Cup prospects and Chelsea’s title push

Chelsea right‑back Reece James is on track to recover from a hamstring injury by early May, a timel…
Reece James is expected to be fit again by the end of April or early May, according to club medical updates, offering a timely lift to England’s 2026 World Cup ambitions. The Chelsea defender has missed action since sustaining a hamstring problem in the defeat to Newcastle last month. Initial assessments warned of a possible two‑month lay‑off, threatening his participation in the summer tournament. England manager Thomas Tuchel now faces a crucial decision on whether to include James in the final 26‑man squad. The right‑back has been Tuchel’s preferred option, having missed recent friendlies against Uruguay and Japan due to injury, while alternatives such as Ben White and Tino Livramento failed to impress. Beyond the national team, Chelsea are eager to see James back. The club sits sixth in the Premier League ahead of a high‑profile clash with Manchester City, and the captain’s recent contract extension to 2032 underscores his importance. James has contributed not only defensively but also with notable performances in central midfield this season. Should James return as projected, his dual‑role versatility could provide Tuchel with a reliable right‑back and give Chelsea a boost in their pursuit of a top‑four finish.
#james #right-back #england
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Tv And Radio Apr 06, 2026

Weekly Podcast Picks: Celebrity Quiz Show, True‑Crime Investigation, and Amityville Horror Marathon

The Guardian’s latest podcast roundup showcases five standout series released this week, ranging fr…
The Guardian’s weekly podcast roundup highlights a varied selection of new audio series, offering listeners everything from light‑hearted celebrity banter to hard‑hitting investigative journalism.Funny You Ask – In a delightfully candid moment, Mindy Kaling exclaims, “Oh, this is a quizshow?!” upon hearing Ike Barinholtz’s latest podcast, which blends trivia with rambling conversation about topics as eclectic as Chevy Chase and New Jersey Italian cuisine. The show positions itself as a breezy, low‑stakes alternative to the crowded celebrity‑interview market.Assume Nothing: What Happened to Mary Glasgow? – Host Nathan Edgar revisits the 1991 tragedy at Stradreagh mental hospital, where nursing assistant Mary Glasgow died after a patient altercation. Through interviews with Glasgow’s daughter Emma, the series treats the case as both a detective narrative and a memorial, probing whether the incident was an isolated mishap or a symptom of systemic failures.Single Ladies in Your Area – Comedians Amy Gledhill and Harriet Kemsley continue their third series, a witty exploration of 30‑something singledom. Recent guests have included Jameela Jamil and Catherine Bohart, who discuss topics ranging from “mean flirting” to the quirks of a “lesbian louche life.”The Overturn – Partnering with the Future Justice Project charity, Marnie Duke examines potential wrongful convictions, notably the case of former sub‑postmaster Robin Garbutt, imprisoned for his wife’s murder. The series asks whether the broader Post Office scandal could cast doubt on the prosecution’s narrative.Amityvilleville – Host Alex Goldman (of Hyperfixed and Reply All) teams up with Vice writer Caroline Thompson to watch all 91 films inspired by the Amityville haunting, beginning with the 1979 classic The Amityville Horror. Their commentary blends humor with genuine enthusiasm for the genre’s most bizarre entries.
#widely #available #episodes
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Sports Apr 06, 2026

Sha’Carri Richardson clinches $40,000 scratch win at 2026 Stawell Gift in dramatic finish

American sprint star Sha’Carri Richardson captured the women’s 120‑metre Stawell Gift from scratch,…
Sha’Carri Richardson, the Olympic 100m silver medallist and world‑ranked sixth‑fastest woman, delivered a thrilling victory at the 144th Stawell Gift on Easter Monday, crossing the finish line in a record 13.15 seconds to claim the $40,000 top prize.The 26‑year‑old American entered the historic Australian event – the nation’s oldest and richest running race – as a scratch runner, meaning she started from the zero‑metre mark while rivals enjoyed handicaps based on prior performance.In the women’s final, Richardson edged out Charlotte Nielsen (13.20s) and Chiara Santiglia (13.36s) after a false start by 17‑year‑old Grace Crowe forced the latter to move her blocks back a metre, effectively shortening Richardson’s target.Her semi‑final had been a nail‑biter; Richardson eased up at the line and won by a razor‑thin seven thousandths of a second over Halle Martin, prompting her coach Dennis Mitchell to stress the need for a stronger finish.“I think I realised I was going to win right past 90 metres,” Richardson said post‑race, adding, “The love, the support, the true enjoyment that I had on the track … you all made this moment happen. Thank you.”Richardson’s triumph makes her the third woman ever to win the Stawell Gift from scratch, underscoring the event’s growing international stature and the lucrative incentive for elite sprinters.In the men’s 120‑metre final, Australian Olufemi Komolafe – a 21‑year‑old medical student – secured victory in 11.93 seconds from a five‑metre handicap, with Jake Ireland second in 12.07 seconds. Komolafe expressed disappointment at not facing his idol, fellow American sprinter Christian Coleman, who failed to qualify for the final, finishing fifth in his semi‑final off scratch.Coleman reflected, “I gave it everything I got. You give them that much of a margin, it’s pretty tough. I hope everybody continues to watch and support athletics. I’m looking forward to a strong season and improving my 40‑to‑100 metre transition.”
#Sha’Carri Richardson #Stawell Gift #120‑metre sprint
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Politics Apr 05, 2026

Repeated Strikes on Iran’s Bushehr Reactor Heighten Threat of Gulf‑wide Radioactive Disaster

Iran’s sole nuclear power plant, Bushehr, has suffered four attacks since the Israel‑US war began, …
Iran’s only operational nuclear power station, the Bushehr plant, has endured a series of assaults amid the escalating Israel‑United States campaign against Tehran, sparking alarm over a possible regional nuclear incident.The most recent strike on Saturday resulted in the death of a security guard and damage to an auxiliary building, according to the state‑run Atomic Energy Organisation of Iran (AEOI).Foreign Minister Abbas Araghchi asserted that the facility has been "bombed" four times since the conflict erupted on 28 February, accusing the United States and Israel of a "lack of concern" for nuclear safety.Security analysts stress that any bombing of the reactor or its spent‑fuel pools would unleash the radioactive isotope Caesium‑137, a contaminant capable of traveling far via wind and water, rendering soil, food and drinking supplies hazardous for decades and increasing cancer risks for exposed populations.The Bushehr complex, built by Russia and completed in 2011, supplies roughly 1,000 MW to Iran’s grid. It is the Middle East’s first nuclear plant and is slated to host two additional reactors by 2029, with hundreds of Russian technicians on site.The International Atomic Energy Agency (IAEA) has repeatedly warned that a direct hit could trigger a “regional catastrophe.” Director‑General Rafael Grossi told the UN Security Council that striking the plant could cause a "very high release of radioactivity" and, if power to the cooling system were cut, could lead to a reactor melt. He called for "maximum restraint," noting that evacuation zones could extend several hundred kilometres, requiring iodine prophylaxis and food‑supply restrictions.Beyond terrestrial fallout, experts highlight the danger of contaminating the Gulf’s shallow waters. Radioactive pollution would devastate marine ecosystems and cripple desalination plants, which lack the technology to filter such material. Qatar’s prime minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, warned that a simulated Bushehr attack would render the sea "entirely contaminated" and leave the country without water within three days.International law explicitly forbids targeting civilian nuclear installations. Article 56 of Protocol I to the Geneva Conventions bars attacks on "works and installations containing dangerous forces," and the IAEA’s own guidelines prohibit indiscriminate strikes on reactors, fuel storage, or power supplies.Araghchi also criticized the muted Western response, contrasting it with the outcry over Ukraine’s Zaporizhzhia plant, which prompted emergency UN sessions, NATO warnings, and statements from the EU, UK and US. In the Bushehr case, the EU has remained silent, while Russia, which maintains a sizable staff at the site, issued a condemnation of the attacks.Historical precedents such as the 2011 Fukushima disaster and the 1986 Chernobyl explosion illustrate the long‑term human and environmental toll of nuclear accidents, underscoring why the safety of Bushehr is viewed as a matter of regional, not merely national, security.
#Bushehr Nuclear Power Plant #IAEA #Caesium-137
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Opinions Apr 05, 2026

Israel's Targeting of UNRWA Amplifies Accusations of Palestinian Genocide

Christopher Gunness argues that Israel's assault on the United Nations Relief and Works Agency (UNR…
In a stark assessment, journalist Christopher Gunness contends that Israel's recent offensive against the United Nations Relief and Works Agency (UNRWA) is not an isolated incident but a central element of a larger campaign he characterizes as a genocide of the Palestinian people.Gunness emphasizes that UNRWA, which provides critical education, health, and food assistance to millions of Palestinian refugees, has become a strategic target. By undermining the agency’s operations, Israel, he argues, seeks to erode the humanitarian lifeline that sustains Palestinian communities, thereby intensifying the humanitarian crisis.The analysis links the attack on UNRWA to broader patterns of violence and displacement, suggesting that the move escalates the conflict beyond conventional warfare into actions that could meet the legal definition of genocide under international law. Such allegations carry profound implications for global diplomatic responses and potential accountability mechanisms.While the piece does not present new statistical data, it underscores the symbolic and practical significance of UNRWA’s role, urging the international community to recognize the attack as a pivotal escalation in the Israeli‑Palestinian conflict.
#israel #attack #unrwa
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