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Oil prices experienced a significant surge, rising more than $5, after President Donald Trump stated that the United States would continue its military operations against Iran. This development has heightened investor concerns about potential sustained disruptions to global oil supplies.Brent crude futures saw a notable increase, rising $6.33, or 6.3%, to $107.49 per barrel early on Thursday. Similarly, US West Texas Intermediate crude futures were up $5.28, or 5.3%, to $105.40 per barrel. These gains followed an earlier decline of more than $1 in both benchmarks prior to Trump's televised address to the nation.The recent escalation in tensions between the US and Iran has led to the closure of the Strait of Hormuz by Iran, in retaliation for the US-Israeli attacks. This strategic move has disrupted approximately one-fifth of global oil and liquefied natural gas (LNG) supplies, precipitating the world's most significant energy crisis in decades.Trump emphasized that the US military is nearing its objectives in the conflict, which he expects to conclude within two to three weeks. His remarks have contributed to increased uncertainty in financial markets.Asian stocks were severely impacted following Trump's speech. Most Southeast Asian countries, which heavily rely on oil imports, are particularly vulnerable to the sharp rise in oil prices triggered by the Middle East conflict. The MSCI gauge of EM Asia equities experienced a 2.3% decline, while regional currencies weakened by 0.2%.Notably, South Korea's main stock market, the Korea Composite Stock Price Index (KOSPI), plummeted by 4.2% after initially gaining nearly 2%. South Korean President Lee Jae Myung urged parliament to promptly pass a 26.2 trillion won ($17.3bn) supplementary budget to bolster the economy during what he described as the worst energy security threat caused by the Middle East crisis.Other Asian markets also saw significant declines, with Singapore's main stock market, the Singapore Exchange (SGX), slipping 0.8%, and Malaysia's benchmark index falling 1%. Markets in Indonesia and Taiwan declined by about 1% and 1.4%, respectively. Stocks in China and Hong Kong also fell, with the benchmark Shanghai Composite index dropping 0.53% and China's blue-chip CSI300 Index losing 0.74%.

Recent weeks have been a test of resolve for Chelsea. A humiliating 3‑0 loss to Paris Saint‑Germain in the Champions League last‑16, coupled with a slide in the Premier League, has left the Blues scrambling for answers. Adding to the chaos, two of the squad’s most influential players have gone public. Argentine midfielder Enzo Fernández hinted at a summer move, saying, "I really like Madrid, it’s similar to Buenos Aires," while left‑back Marc Cucurella told The Athletic that the club is paying the price for its inexperience and that the PSG defeat has left the dressing‑room "discouraged". These remarks strike at the heart of Chelsea’s BlueCo‑era project, which has relied on signing young talent to build a sustainable future. Critics point out that, unlike Manchester United’s Class of ’92, Chelsea lacks seasoned veterans to mentor the newcomers. The debate resurfaced when Liam Rosenior was appointed head coach in January, with the club’s hierarchy insisting that a long‑term contract (six‑and‑a‑half years) will give him time to nurture the squad. Leadership dynamics are also under scrutiny. Fernández, who wears the captain’s armband in Reece James’s absence, publicly criticised goalkeeper Filip Jörgensen after a costly error against PSG – a move many view as inconsistent with the culture of a united dressing‑room. Financially, Chelsea has tried to balance ambition with prudence. Fernández’s contract runs until 2032 and is heavily incentive‑based, a strategy designed to keep the wage bill in check. Nonetheless, the club posted a **pre‑tax loss of £262.4 million** for the 2024‑25 season, the largest in English football history, raising questions about the sustainability of its recruitment model. There have been moments of optimism. Chelsea lifted the Club World Cup after beating PSG last summer, but the departure of former coach Enzo Maresca in early January – allegedly after talks with Manchester City figures – destabilised the squad. Players like Fernández and Cucurella recall the impact of that exit on team morale. Despite recent setbacks, the club remains confident in Rosenior’s vision, extending Cucurella’s deal last summer and securing long‑term contracts for key figures such as Reece James, Cole Palmer, and Moisés Caicedo. The Blues still have a realistic chance of qualifying for next season’s Champions League and host Port Vale in the FA Cup quarter‑finals. Looking ahead, sources suggest a possible shift in recruitment strategy, moving away from an exclusive focus on raw talent toward a blend of proven Premier League players and selective signings. While Fernández’s desire for a better contract could spark a transfer saga – with Madrid reportedly unwilling to meet a £100 million fee – the club must decide whether retaining a player whose ambitions no longer align with its project is worth the risk. In sum, Chelsea faces a pivotal moment: restore on‑field performance, manage a record financial loss, and convince both fans and players that the youth‑centred blueprint can deliver the trophies promised under the “trust the process” mantra.

Kara Lawson watched her Duke Blue Devils fall 70‑58 to the No. 1 UCLA Bruins in the Elite Eight, ending a 20‑year wait for a Final Four appearance. The loss followed a stunning buzzer‑beater upset of No. 2 seed LSU in the Sweet 16, but the Blue Devils couldn’t replicate that performance against UCLA.After the game, Lawson told reporters, "What a great season it’s been for us, and this group has been a joy to coach every day." She highlighted the team’s resilience after a rocky start that saw six defeats between early November and late December.Notre Dame’s season ended similarly, with a 70‑52 defeat to the defending champion UConn Huskies in the Elite Eight. Head coach Niele Ivey reflected on the journey, noting that the roster’s revival after a difficult 2025 season "gave me a lot of joy" and that coaching with joy makes her a better leader.Vanderbilt’s Commodores, coached by Shea Ralph, also saw their tournament run halted, losing 67‑64 to Notre Dame. Ralph, who inherited a program with strong support but limited recent success, deliberately built a culture of joy. Star guard Mikayla Blakes praised Ralph for restoring her love for the game, saying, "She found joy in my life and helped me enjoy basketball again."Looking ahead, the semifinals will feature two marquee matchups: South Carolina vs. UConn and UCLA vs. Texas. Both games promise high‑stakes basketball as the remaining teams vie for the championship.The tournament also underscores broader trends in women’s basketball. A decade ago, the NCAA reported that only 4.5% of high‑school players advance to college, and just 1.4% reach Division I. The WNBA’s expansion to 15 teams this season creates more professional slots, yet demand still outpaces supply, making the focus on joy and development all the more vital.Texas coach Vic Schaefer echoed the sentiment, describing the season as "the most fun" he’s had in over thirty years of coaching. With senior guard Rori Harmon preparing to graduate, Schaefer emphasized the team’s mission‑driven mindset and the pure enjoyment they find on the court.In a sport where the pipeline narrows at every level, the prevailing message from coaches and players alike is clear: joy remains the driving force that sustains teams through triumphs and setbacks alike.

Blue Owl Capital, a leading private credit investment firm, has imposed a cap on withdrawals after investors attempted to redeem $5.4bn from two of its key funds. This move comes as a sign of dwindling confidence in the unregulated lending market.The New York-based firm revealed in filings that investors sought to withdraw 21.9% of the $20bn Credit Income Corp fund and 40.7% of its $3bn tech lending fund between January and March.The surge in redemption requests is attributed to growing concerns over potentially risky loans arranged by private credit firms, which operate outside the traditional regulated banking system. These firms are seen as particularly exposed to the AI spending boom.To manage the outflow, Blue Owl will limit withdrawals to 5% of the value of each fund per quarter. The firm stated that this decision was made to balance the interests of both withdrawing and remaining shareholders.Despite the increase in withdrawal requests, Blue Owl emphasized that underlying credit fundamentals across its portfolio have remained resilient. The firm attributed the surge in withdrawals to a period of heightened negative sentiment toward the asset class.The private credit industry has faced growing scrutiny over potentially weak lending standards, following a series of company failures, including Tricolor and First Brands. Regulators and industry experts have warned of potential ripple effects that could impact high street banks.The Bank of England's governor, Andrew Bailey, has cautioned against dismissing recent private credit failures as isolated incidents, citing concerns over transparency and potential risks across the sector.

Anthropic, a leading AI developer, has suffered a significant source code leak of its AI-powered coding assistant, Claude Code. The incident occurred due to "human error" during a software update, which mistakenly included an internal-use file pointing to an archive containing nearly 2,000 files and 500,000 lines of code.The leaked code was quickly copied to the developer platform GitHub, where a post sharing a link to the code garnered over 29 million views. A rewritten version of the source code rapidly became GitHub's fastest-ever downloaded repository. In response, Anthropic issued copyright takedown requests to try to contain the code's spread.Analysis of the leaked code revealed blueprints for a Tamagotchi-esque coding assistant and an always-on AI agent. Anthropic assured that the exposed code did not contain confidential data from Claude, the underlying AI model. However, some experts worry that the leak suggests internal security vulnerabilities within Anthropic, which could be particularly troubling for a company focused on AI safety.The leak could also benefit competitors like OpenAI and Google by providing them with insights into Claude Code's AI system. This incident is the second data leak for Anthropic in recent weeks, following a separate breach that exposed thousands of internal files on publicly accessible systems.The US government has designated Anthropic as a supply chain risk, a designation the company is contesting in court. This latest breach comes at a critical time for Anthropic, as its paid subscriber base continues to grow and its Claude chatbot gains popularity.

The moon is becoming a focal point for a new era of space exploration and exploitation, with multiple companies and countries racing to harness its resources. Interlune, a Seattle-based company, has raised $18m to fund its efforts to mine the moon for Helium-3, a rare gas that could become vital in quantum computers and nuclear fusion.Helium-3, deposited on the moon's surface over billions of years by the solar wind, is used in medical imaging but is in extremely short supply on Earth. Rob Meyerson, founder of Interlune, believes that extracting this resource could be economically viable due to its high value.Private access to space has become more feasible through companies like Blue Origin and SpaceX, making lunar mining a possibility. Interlune plans to send a multispectral camera to the lunar south pole to assess Helium-3 concentrations and is working towards a future mission called 'Prospect Moon' to gather samples.The lunar mining initiative raises questions about environmental impact and the ethics of extracting resources from the moon. Critics argue that history has shown pioneers rushing into unknown frontiers and causing irreparable damage. There are concerns about preserving the moon's pristine environment and protecting sites of extraordinary scientific importance.Legal aspects of moon mining are also unclear, with the 1967 Outer Space Treaty prohibiting national claims of ownership but making no reference to commercial activities. Despite these challenges, Interlune and other companies are pushing forward, with China also actively exploring the moon's resources, including Helium-3.

Coordinated strikes by United States and Israeli forces hit Tehran, Isfahan and several other Iranian cities on Tuesday, prompting widespread power outages and extensive damage to civilian sites. The Ministry of Energy confirmed that shrapnel from the raids ruptured a primary power‑transfer line, but the outage was restored within a few hours. Among the most critical targets was the Tofigh Darou pharmaceutical complex in the Karaj industrial zone. The facility, which supplies over 90% of Iran’s domestically produced medicines—including cancer and multiple‑sclerosis treatments—sustained heavy damage from multiple projectiles. In central Iran, Isfahan endured a barrage of heavy bunker‑buster bombs over a nearby mountainous area, likely aimed at military installations. The explosions triggered secondary blasts that illuminated the night sky and produced reverberating shockwaves across the city. North‑west of Tehran, in Zanjan, a building identified as the administrative department of the Hosseinieh Azam religious centre was struck, resulting in at least four fatalities and several injuries. Iranian authorities now claim that more than 2,000 people have been killed by US‑Israeli attacks since the conflict erupted on 28 February, with residential blocks, schools, hospitals and historic sites also affected. Additional targets this week included civilian nuclear facilities, major steel producers, petrochemical plants, and the Iran University of Science and Technology, where an imaging satellite was developed. A professor linked to Iran’s missile programme and his two children were assassinated at their home in northern Tehran. U.S. President Donald Trump reiterated threats to strike Iran’s oil and gas infrastructure, power plants and water‑desalination facilities. Despite the onslaught, the Islamic Revolutionary Guard Corps (IRGC) continues to project defiance. A spokesperson for the Khatam al‑Anbiya Central Headquarters declared that Tehran’s adversaries are “humiliated and on the path of destruction,” while senior commander Ali Fadavi warned that American warships are vulnerable and allegedly transmit false transponder signals. The IRGC also released footage of ballistic missiles aimed at Israel and surrounding nations, and claimed to have downed two U.S. MQ‑9 Reaper drones, promising retaliatory strikes against technology firms linked to the United States and Israel. Domestically, the judiciary announced the execution of two members of the foreign‑based Mojahedin‑e‑Khalq (MEK) group, labeling them terrorists. This follows a series of recent executions tied to the January protests and broader dissent. Authorities also issued new indictments against roughly 200 individuals accused of assisting the U.S. and Israel, including alleged “mercenaries” who disseminated strike footage abroad. Penalties for national‑security offenses now encompass asset confiscation and capital punishment. President Masoud Pezeshkian convened his first cabinet meeting since the war’s onset in a makeshift, blue‑covered space, emphasizing that any peace negotiations will safeguard Iran’s “dignity, security and national interests.” Israel’s Channel 14 reported that Pezeshkian sought greater negotiating leverage with the United States, a request allegedly rebuffed by IRGC chief Ahmad Vahidi.

UConn's shock win over No 1 seed Duke on Sunday night to advance to the Final Four connected two disparate eras of college basketball. The game produced one of the greatest endings in NCAA Tournament history, with freshman Braylon Mullins's three-point heave from well beyond the arc sealing the 73-72 victory.The final 10 seconds of Sunday night's game evoked some of the greatest endings in tournament history, with Mullins and Silas Demary Jr's swarming of Cayden Boozer conjuring memories of UCLA's stunning 2006 comeback against Gonzaga and Villanova's 2016 national title win.UConn coach Dan Hurley praised his team's resilience, saying, 'We fought, we clawed, put ourselves in position to take advantage of a mistake that they made.' Mullins's game-winning shot will forever torment Duke fans, as the Blue Devils had led by 19 points in the first-half and No 1 seeds had been 134-0 when leading by 15 or more points in NCAA Tournament history.The win proved that recruiting and continuity still dictate success in college basketball, with UConn's senior Tarris Reed Jr. named the game's Most Outstanding Player after finishing with 26 points, nine rebounds, four blocks, and two steals. Reed's performance reminded fans of the era of dominant post players like Patrick Ewing and Dwight Howard.UConn's victory, coupled with their previous wins over Michigan State and St John's, showed that traditional powers can still thrive in an era of unlimited transfers and Name, Image and Likeness deals. Hurley's adaptability and UConn's roster, which included transfers Malachi Smith and Silas Demary Jr, demonstrated that an old-school approach can still yield success in modern college basketball.

The article presents a series of 10 puzzles where letters are replaced by boxes of equal width and height. The goal is to decipher the phrases, which include Shakespearean quotations and common English sayings. The puzzles are visually represented with color-coded consonants (blue) and vowels (green) to assist in solving them. Some of the puzzles include: All's well that ends well There but for the grace All the world's a stage Out of the frying pan Curiosity killed the cat Neither a borrower nor a lender To thine own self be true All roads lead to Rome Cleanliness is next to godliness Love is blind The puzzles are based on an original idea by Scott Kim and were created with the help of Tom Tanaka, an IP attorney in California.