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The temporary cease‑fire in the US‑Israel‑Iran war has given Iran and China a strategic opening to challenge the US dollar’s supremacy in global finance. Both nations share a common objective: to reduce reliance on the greenback, especially in the oil sector where, according to a 2023 JP Morgan estimate, roughly 80% of transactions are settled in dollars. In a practical step toward this goal, Iran’s de‑facto toll‑booth system in the Strait of Hormuz—a chokepoint that handles about one‑fifth of the world’s oil and LNG shipments—has started accepting transit fees in Chinese yuan. Lloyd’s List reported that at least two vessels had already paid in yuan by March 25, and China’s Ministry of Commerce later acknowledged the reports on social media. Iran’s embassy in Zimbabwe even called for the introduction of a “petroyuan” to the global oil market, underscoring the political symbolism of the move. While Tehran pledged to guarantee safe passage for two weeks under a US‑brokered cease‑fire, Beijing declined to comment. Harvard economist Kenneth Rogoff told Al Jazeera that Iran’s actions serve a dual purpose: they “poke a thumb in the United States’s eye” and provide a practical alternative to dollar‑based sanctions. Rogoff added that Iran’s shift to yuan aligns with China’s broader effort to redenominate trade among BRICS nations. For both countries, the yuan offers a way to sidestep US sanctions and lower transaction costs. Their trade relationship, cemented by a 25‑year strategic partnership signed in 2021, sees China buying over 80% of Iran’s oil—often at discounted rates—while Iran imports Chinese machinery, electronics, chemicals, and industrial components. Data from Kpler and TankerTrackers indicate that, despite the conflict, Iran’s oil exports to China have remained near pre‑war levels, ranging between 12 million and 13.7 million barrels in the first two weeks of hostilities. China’s ambition to elevate the yuan is long‑standing. President Xi Jinping, in a 2024 address, expressed hope that the yuan would become a global reserve currency. Yet significant hurdles remain: the yuan is not freely convertible due to strict capital controls, and the Chinese financial system is perceived as opaque, limiting broader adoption. According to the IMF, the dollar still dominated global foreign‑exchange reserves at 57% last year, far ahead of the euro’s 20% and the yuan’s modest 2%. Cross‑border trade settled in yuan rose to 3.7% in 2024, up from under 1% in 2012, per S&P; Global—an encouraging but limited shift. Natixis chief economist Alicia Garcia‑Herrero cautioned that the Strait of Hormuz experiment adds only “incremental pressure” and that a true “de‑dollarisation” would require Gulf states, which have priced oil in dollars since the 1970s in exchange for US security guarantees. European analyst Hosuk Lee‑Makiyama highlighted that China’s ability to supply Iran with essential goods makes the yuan a viable alternative, a dynamic not possible for Europe or Japan. He described China as the closest the world has seen to a “manufacturing one‑stop shop.” Consultancy founder Dan Steinbock echoed that while the dollar’s supremacy is unlikely to crumble overnight, the gradual increase in yuan usage could “chip away” at US dominance in specific sectors over time. Rogoff concluded that the long‑term impact hinges on the war’s outcome. If Iran and China emerge stronger, many countries may diversify away from the dollar to avoid US‑imposed financial constraints. Conversely, a decisive US victory could reinforce dollar hegemony for the foreseeable future.

The recent ceasefire between the US and Iran offers a glimmer of hope for the energy crisis that has been exacerbated by the conflict in the Strait of Hormuz. However, the deal's stability is already being questioned, with Iran claiming that Israel's attacks on Lebanon breach the agreement. Even if the ceasefire holds and hundreds of tankers stranded in the Gulf start to transit once more, analysts fear that it will not be enough to return the flow of oil, gas, chemicals, and other vital items to pre-crisis levels. An estimated 2,000 vessels with about 20,000 seafarers onboard have been trapped in the Gulf since the outbreak of the conflict. Shipping analysts and owners have cautioned that even a temporary ceasefire does not provide a sufficient guarantee that it is safe to make the passage, particularly because Iran's foreign minister has stated that transit will be under Iranian military management. Many questions remain for shipowners and their captains over whether it is safe to navigate through the strait. The disruption has been compounded by the forced shutdown of oil and gas production across the Gulf as storage facilities reached capacity. In addition, many key energy production sites have been damaged by drone attacks. Experts have said it could take months or years to fully restore the Gulf's energy production. Energy markets have fallen sharply on the hope that millions of barrels of crude oil and gas trapped in the Gulf could soon help to relieve a crisis that the International Energy Agency has said is more serious than the energy flashpoints in 1973, 1979, and 2022 combined. However, traders are also expected to price in a continuing 'geopolitical risk premium' to reflect uncertainty over whether the ceasefire will hold.

Democratic leaders in Washington announced a renewed push to stop President Donald Trump’s escalating confrontation with Iran following a brief two‑week cease‑fire that began Tuesday night. The party aims to reconvene Congress and pass a war‑powers resolution that would permanently end the conflict. House Minority Leader Hakeem Jeffries told CNN that the House must be brought back into session immediately, stating, "We need a permanent end to Donald Trump’s reckless war of choice." He urged Speaker Mike Johnson to schedule a vote on legislation that would strip the president of unilateral war‑making authority. In the Senate, Minority Leader Chuck Schumer pledged that Democrats will force a vote as soon as Congress returns from recess. Schumer warned that the war has left the nation “worse off than before it started,” citing rising gas prices and the broader economic toll, and called the episode “one of the very worst military and foreign‑policy actions the United States has ever taken.” More than 70 Democratic lawmakers have publicly called for the 25th Amendment to be invoked, arguing that Trump’s recent Truth Social posts—threatening to wipe out an entire civilization if Iran does not comply—raise serious questions about his mental fitness and could constitute a violation of international law. Senator Chris Murphy (D‑CT) told CNN, "No president in control of his senses would publicly promise to eradicate an entire civilization." Representative Ro Khanna (D‑CA) echoed the sentiment on X, writing, "We need to invoke the 25th Amendment and remove Trump. Threatening war crimes is a blatant violation of our Constitution and the Geneva Conventions." Other Democrats, including Rep. Pramila Jayapal (WA), described the president’s threats as “unhinged” and “illegal,” while former MAGA ally Rep. Marjorie Taylor Greene joined the chorus, posting, "25TH AMENDMENT!!! This is evil and madness." Even some Republican lawmakers expressed unease about the prospect of targeting civilian infrastructure, though the GOP overall has remained largely silent. The mounting pressure underscores a rare bipartisan concern that Trump’s rhetoric could cross the line into war‑crime territory, prompting calls for both constitutional removal and traditional impeachment proceedings.

U.S. Senator JD Vance released a video appeal urging Iran to demonstrate good faith amid a fragile ceasefire. Vance emphasized that the ceasefire's stability hinges on responsible actions from all parties, warning that any deviation could jeopardize the tenuous peace. The senator’s message underscores the broader diplomatic challenges facing the region and highlights the importance of sustained commitment to de‑escalation.

Political leaders across Washington breathed a collective sigh of relief on Tuesday evening when President Donald Trump announced a provisional two‑week ceasefire with Iran, ending a 24‑hour standoff that had seen him threaten to annihilate Iran’s “whole civilization” if Tehran failed to reopen the Strait of Hormuz by his self‑imposed deadline.The ceasefire declaration arrived just 90 minutes before the 8 p.m. ET deadline at which Trump had pledged to bomb Iranian power plants and bridges – a move scholars warned would constitute a war crime. A last‑minute diplomatic push by Pakistan persuaded the president to suspend the ultimatum, buying a narrow window for de‑escalation.In a post on Tuesday night, Trump wrote: “Subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks.”Iran’s foreign minister quickly responded, stating that the strait would remain open for the next fourteen days under Iranian military management, effectively meeting the condition set by the United States.The president’s earlier warning – that a “whole civilization will die tonight, never to be brought back again” – drew swift condemnation from Democrats, longtime allies who have broken with Trump over the crisis, and even Pope Francis, the first American pontiff.Senate Majority Leader Chuck Schumer labeled Trump’s retreat as “desperately searching for any sort of exit ramp from his ridiculous bluster,” adding that the president had previously been called “an extremely sick person” waging a “wanton war of choice.”House Democrats, including former Speaker Nancy Pelosi, called for Trump’s removal via impeachment or the 25th Amendment, arguing that his conduct amounted to a threat of genocide against the Iranian people. Progressive Representative Alexandria Ocasio‑Cortez echoed this sentiment, saying the two‑week deal “changes nothing” and urging Congress to act.House Minority Leader Hakeem Jeffries described Trump’s behavior as “unhinged, unpresidential and unconscionable,” and warned that the American public “strongly opposes this reckless war of choice.” He announced that Democrats would push Speaker Mike Johnson to reconvene the House and move a war‑powers resolution to secure a permanent end to hostilities.Republican reactions were more nuanced. Senator Rick Scott praised the ceasefire as “a strong first step toward holding Iran accountable,” while Senator Lindsey Graham expressed hope that diplomacy could “end the reign of terror of the Iranian regime,” cautioning that Iran should not be rewarded for its earlier attacks on the strait.Conversely, Rep. Dan Crenshaw, a Texas Republican known for breaking with Trump, dismissed critics as “pearl‑clutching,” arguing that the president’s “language of POWER” is what adversaries understand, and that diplomatic niceties alone achieve little.The episode underscores a volatile moment in US‑Iran relations, where a single diplomatic pivot averted an imminent escalation, yet left Congress divided over the president’s authority to wage war and the need for a lasting legislative solution.

A former Meta employee based in London is being investigated by the Metropolitan Police’s cybercrime unit for allegedly downloading roughly 30,000 private Facebook images while employed by the company.According to court documents obtained by the Press Association, the suspect is said to have created a script designed to circumvent Meta’s internal detection systems, allowing him to access and extract the images without triggering security alerts.Meta confirmed that the breach was discovered more than a year ago. The company immediately terminated the employee, notified the affected users, and referred the matter to UK law enforcement. It also announced that its security infrastructure has been enhanced to prevent similar incidents.The individual remains on police bail, with magistrates requiring him to report to officers in May and to disclose any plans for foreign travel.Legal experts note that while the rogue employee could face charges under data‑protection and computer‑misuse laws, Meta’s liability hinges on whether it had “appropriate technical and organisational measures” in place. As senior data‑protection specialist Jon Baines of Mishcon de Reya explains, “If the employer has sufficient safeguards, the law does not punish the organisation for the actions of a rogue employee.” However, a finding that Meta’s safeguards were inadequate could expose the company to substantial fines or damages.The Information Commissioner’s Office (ICO) acknowledged the incident, emphasizing that “social media users should be able to trust that their personal information is handled responsibly.”Meta’s challenges come amid broader scrutiny of major platforms. Last month, a Los Angeles court held both Meta and Google liable for a woman’s childhood social‑media addiction, a ruling that could reshape platform accountability.

President Donald Trump issued a stark warning on Sunday, giving Tehran until Tuesday night to reopen the Strait of Hormuz or face U.S. strikes on Iranian power plants and bridges. The message, posted on his Truth Social platform, was laced with profanity and a deadline of 8:00 P.M. Eastern Time. Iran’s parliament speaker, Mohammad‑Bagher Ghalibaf, responded on social media, accusing the United States of “reckless moves” that would set the entire region ablaze and turn it into “living hell.” The latest escalation follows the rescue of a second U.S. crew member from a downed F‑15E fighter that crashed in southwestern Iran, an operation that saw American special forces and Iranian troops racing against each other in mountainous terrain. Trump has repeatedly shifted the deadline for Iran, extending it at least twice. In his expletive‑laden post he warned, “Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell – JUST WATCH!” Financial markets reacted instantly: the U.S. benchmark West Texas Intermediate rose 1.86 % to over $112 per barrel, while Brent crude climbed above $110. The surge underscores how geopolitical flashpoints can quickly translate into higher energy costs for consumers worldwide. Trump also hinted at a possible diplomatic breakthrough, telling Fox News there was a “good chance” of an agreement on Monday. Yet he added, “If they don’t make a deal and fast, I’m considering blowing everything up and taking over the oil.” Legal scholars warned that targeting civilian infrastructure would breach the Geneva Conventions. Yale professor of international law Oona A. Hathaway noted that the president offered no justification to reclassify power plants, bridges, or steel factories as legitimate military targets, and that any such attacks would likely constitute war crimes. Iranian authorities estimate that the ongoing U.S.–Israeli campaign has damaged roughly 81,000 civilian sites, including 61,000 homes, 19,000 commercial facilities, 275 medical centres, and nearly 500 schools. Israeli Prime Minister Benjamin Netanyahu claimed that the coalition has destroyed about 70 % of Iran’s steel production capacity, citing its alleged use in missile manufacturing. In retaliation, Iran has intensified attacks on Gulf shipping and infrastructure. Over the weekend Iranian drones struck a petrochemical complex in Bahrain, igniting thick black smoke, and hit multiple Kuwait Petroleum facilities, causing fires and “significant material losses” at power and desalination plants. The most dramatic recent strike was the demolition of Iran’s unfinished 136‑metre B1 suspension bridge, a $400 million project meant to link Tehran and Karaj. The attack killed 13 people and injured 95, prompting the bridge’s engineer to lament the loss of a symbol of national pride. Trump posted a video of the bridge’s destruction, framing it as a response to Iran’s alleged unwillingness to negotiate. He later told Axios that the U.S. had been “close to an agreement” but that Iran’s demand to meet “in five days” was a pretext for the attack. Domestic criticism was swift. Senate Minority Leader Chuck Schumer denounced the president’s rhetoric as “unhinged” and warned that such threats could alienate allies and amount to war crimes. International law experts reiterated that civilian objects—such as power plants, bridges, and hospitals—are protected under the Geneva Conventions. Any deliberate targeting of these assets for bargaining leverage would violate the conventions and could trigger legal accountability for the United States and any cooperating parties.

Donald Trump has faced intense backlash for a recent social media post in which he threatened to obliterate Iran's power plants and bridges if the country does not reopen the Strait of Hormuz by Tuesday. The US president's expletive-laden warning was met with alarm from Capitol Hill, with Chuck Schumer, a senior Senate Democrat, condemning Trump's behavior as 'ranting like an unhinged madman'.Trump's post drew criticism for potentially threatening war crimes and alienating allies. The president's comments also sparked a response from Iran's parliament speaker, who warned that Trump's 'reckless moves' could lead to the entire region 'burning'. The situation has raised concerns about the potential for conflict and the impact on global stability.In related news, the US military successfully rescued a second crew member of a downed F-15E fighter jet in a daring operation in south-west Iran. Trump hailed the mission as 'one of the most daring search-and-rescue operations in US history'. The incident has highlighted the ongoing tensions between the US and Iran, with implications for the global energy market and the potential for conflict.The crisis has also sparked debate about the US's reliance on fossil fuels and the need to transition to renewable energy sources. As the situation continues to unfold, it remains to be seen how the international community will respond to Trump's threats and the potential consequences for global stability.

As the final minutes ticked away at St Mary’s Stadium on Saturday, even the stray yellow balloons seemed to mock Arsenal’s faltering performance.Despite a season that once promised an unprecedented English quadruple, the Gunners have now suffered six consecutive losses, including a Carabao Cup final defeat and an FA Cup exit at Southampton. The double blow has turned a potential historic haul into a looming “quad‑lapse”.Two weeks later, a home loss to Bournemouth followed by a defeat at Manchester City’s Etihad has erased the nine‑point cushion Arsenal once enjoyed at the top of the league. With only 16 games left in the campaign, the club teeters between a title challenge and a mid‑season collapse.Arturial optimism remains, however. The manager’s emphasis on a cohesive, system‑based approach still gives Arsenal a realistic shot at the Premier League crown, even if the broader quadruple dream appears increasingly distant.What makes this season noteworthy is the sheer difficulty of competing on multiple fronts without the financial firepower of a “galactico” squad. Arsenal’s progress underscores that building a balanced, strategically disciplined team can still challenge the traditional spend‑and‑win model.Yet the narrative surrounding Arsenal’s struggles is amplified by the cultural appetite for drama. In today’s social‑media‑driven landscape, each stumble is dissected in slow‑motion, feeding a collective schadenfreude that often eclipses genuine appreciation for the club’s achievements.Arteta’s weekly press conferences have become iconic, his frustration palpable as he urges his side to “win the Champions League because we’ve thrown it away”. This raw emotion, amplified across platforms, reflects both the pressure on the manager and the public’s fascination with the club’s roller‑coaster journey.From a tactical standpoint, Arsenal’s current dilemma lies in a lack of creativity when opponents neutralise their prescribed patterns. Despite leading the league, the team ranks fourth in chances created from open play after 31 matches, and the figure has slipped further in recent weeks.Key attacking statistics highlight the problem: Gabriel Martinelli has not scored in the Premier League since September 2025; Noni Madueke has one league goal since January; Gabriel Jesus, Declan Rice, Leandro Trossard, Martin Ødegaard, and Kai Havertz are all goalless; and Bukayo Saka has managed only three league goals since November. These numbers illustrate a broader creative entropy that hampers Arsenal’s ability to break down well‑organised defenses.The team’s attacking blueprint—characterised by lateral passing, pre‑programmed overloads and a reliance on set patterns—has become predictable. Without the dynamism of players like Saka or the emerging spark of 16‑year‑old Eze, Arsenal lack the spontaneity needed to unlock stubborn opponents.Comparisons with Pep Guardiola’s Manchester City are inevitable. While Guardiola’s philosophy also hinges on possession and positional control, his side integrates moments of individual flair and improvisation, a balance Arsenal’s current iteration seems to miss. Critics have dubbed Arteta’s approach a “ChatGPT‑style Guardiola‑ism”: technically flawless yet devoid of the human edge that makes football unpredictable.Nevertheless, the squad’s underlying talent and the progress made this season should not be dismissed. If Arteta can re‑inject creativity and adapt his system to the evolving challenges, Arsenal remain well‑placed to contest the league title, even as rivals like City continue to demonstrate both brilliance and vulnerability.