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Oil prices jumped back above $100 a barrel and global stocks fell after weekend talks between the US and Iran ended without an agreement and Donald Trump imposed a blockade of the Strait of Hormuz. The US president announced the blockade on Sunday, targeting Iranian vessels and ships that have paid a toll to Iran for passage through the strait, in an attempt to choke off the flow of Iranian oil.US Central Command said it would start at 10am ET (5.30pm in Iran and 3pm in the UK), blocking all Iranian Gulf ports and coastal areas, in effect seizing control of maritime traffic in the Strait of Hormuz. The news drove oil and gas prices sharply higher again, after the two-week ceasefire between the US and Iran announced on Wednesday prompted a sharp fall in energy prices, and crude ended the week below the psychological $100 a barrel threshold.Brent crude rose by nearly 7% to $101.74 a barrel on Monday morning, while US crude is up more than 8% to $104.69 a barrel. Gas prices also increased, with the British wholesale gas contract for May soaring by 11.7% to 122.5p a therm. Analysts at JPMorgan Chase said last week they expected oil prices to stay high in the second quarter, above $100 a barrel, before easing in the second half of the year.Most Asian stock markets fell on Monday, with Japan’s Nikkei down 0.7% and Hong Kong’s Hang Seng index losing 1%, while Chinese stocks rose slightly. Sentiment was helped by Beijing’s announcement of a 10-initiative strategy aimed at deepening ties with Taiwan. European stocks also fell, led by airlines including Lufthansa, Wizz Air, easyJet and British Airways parent IAG. The FTSE 100 index in London lost 0.4%, dropping 45 points to 10,555. Germany’s Dax fell 1%, Italy’s FTSE MiB slipped 0.7% and Spain’s Ibex was down 1.1%. With oil and gas prices rising sharply higher, energy companies such as BP and Shell are rallying.Priyanka Sachdeva, senior market analyst at the broker Phillip Nova, said: “In today’s environment, every barrel of risk added to oil markets carries an inflation price tag for the global economy.” She added: “The market reaction underscores a simple but powerful reality: Hormuz risk is not theoretical; it is structural, and it is real.”Interest rate expectations have shifted again; investors now see an 84% chance of two rate increases from the Bank of England this year to tackle rising inflation, up from 60% on Friday. Before the Iran war, the central bank was expected to cut rates. The price of gold fell 0.4% to $4,730.75 an ounce as the blockade fuelled inflation concerns, prompting traders to scale back expectations for Federal Reserve rate cuts this year.

Saudi Arabia has returned its East‑West oil pipeline to full operational capacity, enabling the transport of approximately 7 million barrels of crude per day after a series of attacks disrupted flow earlier this week. In a statement released on Sunday, the Ministry of Energy praised the swift repair work, noting that the turnaround demonstrates the high operational resilience and crisis‑management efficiency of Saudi Aramco and the broader national energy system. The ministry also confirmed that production at the Manifa oilfield—situated off Saudi Arabia’s eastern coast—has been restored to its full capacity of about 300,000 barrels per day (bpd). Efforts continue at the inland Khurais oilfield, which is still recovering from a loss of roughly 300,000 bpd. Earlier reports from the Saudi Press Agency indicated that attacks on a pumping station along the East‑West pipeline had cut daily output by 700,000 bpd. Simultaneous assaults on the Manifa and Khurais fields were said to have reduced combined capacity by 600,000 bpd. No party was identified as responsible for the attacks. The East‑West pipeline, linking the prolific Abqaiq field in the east to the Red Sea port of Yanbu, has become a vital conduit for international oil supplies, especially as Iran’s effective closure of the Strait of Hormuz has choked off about 20% of global oil shipments, driving up energy prices worldwide. Despite a fragile cease‑fire announced on Tuesday between the United States and Iran, maritime traffic through the strait remains severely limited. Data from S&P; Global show that only 22 vessels with active AIS transponders passed through the strait between Wednesday and Friday, a stark drop from the pre‑conflict average of 135 daily transits. Restoring the pipeline’s full capacity is expected to reinforce supply continuity for both domestic and international markets, providing a modest but meaningful cushion to the global economy as geopolitical tensions persist.

Iran’s attempt to impose tolls on vessels passing through the Strait of Hormuz has been labeled illegal by Arsenio Domínguez, the head of the United Nations’ International Maritime Organization (IMO). In an interview with Al Jazeera, Domínguez stressed that such charges would set a dangerous precedent for global shipping. Tehran has asserted its right to levy fees even after the conflict ends, while U.S. President Donald Trump floated the idea of a joint U.S.-Iran venture to collect the payments. Both proposals clash with established maritime conventions. "Countries do not have the right to introduce tools or payments or charges on these straits," Domínguez said, adding that any toll system would be contrary to international law and could cripple the free flow of trade. The remarks came as marathon cease‑fire negotiations between U.S. and Iranian officials in Pakistan concluded without an agreement. U.S. Vice President JD Vance noted that Tehran rejected Washington’s terms, which included a commitment to forgo nuclear weapons development, prompting the American delegation to depart Islamabad after presenting its "final and best offer." Iran’s state‑run Press TV blamed the stalemate on what it called the United States' "excessive demands," citing the toll issue and the nuclear programme as major points of contention. Despite a two‑week cease‑fire announced earlier in the week, maritime traffic remains severely limited. Only 22 vessels with active AIS signals exited the strait between the truce’s start and Friday, a stark drop from the pre‑conflict average of about 135 daily transits, according to S&P Global. The bottleneck is throttling oil and natural‑gas exports from the Gulf. The U.S. military reported that two warships had navigated the waterway to clear Iranian mines, a move Iran denied. President Trump later insisted the strait would reopen "fairly soon," with or without Tehran’s cooperation. Domínguez emphasized that ending the hostilities is the fundamental solution to restoring safe passage. He warned that any resumption of traffic must be accompanied by thorough de‑mining and safety checks to protect both vessels and crews. He also dismissed calls for new legal frameworks, noting that the 1968 traffic‑separation agreement between Iran and Oman—which splits the strait into north‑ and south‑bound lanes—had functioned effectively before the war and does not require revision. Humanitarian concerns feature prominently in Domínguez’s statements. He highlighted that roughly 20,000 seafarers are stranded in the Gulf due to the blockade, warning that prolonged isolation would not only harm these workers but also have a negative ripple effect on the global economy.

While reviewing his putting in the new player facility on Friday evening, Scottie Scheffler found himself drawn to the big‑screen coverage of Rory McIlroy’s round. The sight of McIlroy’s play sparked a shift in Scheffler’s mindset, and with 36 holes remaining he was 12 shots behind the leader but with nothing to lose.Seizing the moment, Scheffler produced a 65 (‑7), the best round of his Masters career. He carded five birdies and an eagle, turning a steady start of 70 and 74 into a decisive surge.His charge began on the long downhill 2nd, where an approach landed in the heart of the green and he sank a six‑foot putt for eagle. He continued the on‑fire stretch through the 7th, 8th and 9th, leaving the front nine five under par with putts of six, 14 and four feet respectively.The crowd swelled as his name lit up the leaderboards. By the time he reached Amen Corner, spectators were lining the fairways, and his 200‑yard tee‑shot on the 11th curled perfectly onto the green, stopping eight feet from the pin.At the 13th, a mis‑hit approach found a bunker, forcing a scramble for par – a rare blemish in an otherwise flawless round. He rebounded with a birdie on the 16th, while short‑range putts at 14 and 17 fell short, leaving him just a few inches from a potential record.When asked if the round could have been even lower, Scheffler responded sharply, yet admitted, “It definitely could have been lower.” He emphasized that he had executed the shots he needed, noting his iron play was “very sharp” and that he created ample scoring opportunities.After the round, Scheffler sat four shots back of the leader, a manageable gap given his momentum. He also reflected on the broader challenge of Augusta, citing the need to master the course, shifting conditions and personal nerves.

Former world heavyweight champion Tyson Fury has weighed in considerably lighter than his previous fight in 2024, but still carries a few pounds more than his opponent, Russian Arslanbek Makhmudov. Fury registered 267.9 pounds in his underwear during Friday's weigh-in, while Makhmudov stepped up at 264.9 pounds.Fury's weight is a decrease from the 281 pounds he recorded for his rematch with world champion Oleksandr Usyk in December 2024 and 262 pounds against the Ukrainian in May that year. The 37-year-old Briton stated he still had 'a bit left in the tank' as he came out of retirement for the fifth time.'After another four or five retirements, I should be good,' Fury said. 'My priority is to beat this fella, I've got loads of Easter eggs in the fridge ready for me. Whoever has these belts, I want them back.'Fury emphasized his commitment to making a statement, saying he came in 'nice and light and lean' for the fight. He has spent 16 weeks training in Thailand and has promised fans a knockout win at the Tottenham Hotspur Stadium on Saturday night.'I'll knock his head right off his two shoulders,' Fury told reporters on Thursday. 'I'll be like the gamecock on top of Tottenham Hotspur Stadium, and he'll be like the knocked-out man sparked out on the floor.'The bout against Makhmudov will be broadcast exclusively on Netflix, highlighting Fury's continued commercial appeal even after a 16-month absence from the ring. Fury boasted about his financial draw, saying, 'I'm the money man. When you mention Tyson Fury in heavyweight boxing, you know you're getting paid.'

Djibouti's longtime President Ismail Omar Guelleh has claimed a landslide victory in the country's latest elections, ushering in his sixth consecutive term in the Horn of Africa country.Guelleh secured 97.81 percent of the votes cast on Friday, according to official results published by Djibouti's state-run news agency.His sole opponent, Mohamed Farah Samatar, earned just 2.19 percent of votes. Samatar's Unified Democratic Centre (CDU) opposition party has no seats in parliament, and he struggled to gain recognition ahead of the polls.Guelleh, 78, wrote on X as early results arrived: “Reelected”. Politicians last year removed presidential age limits, allowing him to seek another five years in power.Voter turnout was 80.4 percent on Friday, according to Djibouti media outlets. Roughly a quarter of the population – about 256,000 people – were registered to vote.Guelleh has ruled Djibouti's population of roughly one million since 1999. Neighbouring Eritrea, Ethiopia and Somalia, the country is strategically located at the Bab al-Mandeb strait, which provides access to the Red Sea from the Gulf of Aden.Even as voters turned in their ballots on Friday, few doubted who would win. Thousands had gathered at Guelleh's campaign rallies ahead of the election, while his posters could be seen plastered across the capital.

Match details: Chelsea host Manchester City at Stamford Bridge on Sunday, 12 April, 4:30 pm BST (15:30 GMT). Live coverage and pre‑match analysis will be available on Al Jazeera Sport from 12:30 GMT. City sit second in the Premier League, trailing league leaders Arsenal by nine points after Arsenal played one more game. A win at Chelsea could shrink the gap to six points, and a victory for Arsenal over Bournemouth on Saturday would widen the gap to twelve, putting immense pressure on Pep Guardiola’s side to collect maximum points. Chelsea, currently sixth, are desperate to reignite their push for a top‑five finish that guarantees Champions League football next season. They sit just one point behind Liverpool, who occupy the final European spot. Guardiola warns of zero‑margin for error Speaking on Friday, Pep Guardiola admitted City’s season has been “inconsistent” and stressed that the squad must win every remaining match to retain any chance of clinching the title. He highlighted the demanding run of fixtures ahead, beginning with the Chelsea trip and followed by a home clash with Arsenal on 19 April. “We need to win all of them; otherwise we won’t have a chance to fight until the end,” Guardiola said, acknowledging points dropped earlier in the campaign. Bernardo Silva’s future remains uncertain Midfielder Bernardo Silva, a six‑time Premier League champion with City, is in the final year of his contract. Guardiola expressed a personal desire to keep the Portuguese international at the club but admitted he does not know the player’s decision. “I’m a bit grumpy because I wasn’t informed of his plans,” the manager said, praising Silva’s competitiveness and importance in big‑match moments. Enzo Fernández excluded despite apology Chelsea boss Liam Rosenior confirmed that midfielder Enzo Fernández will remain on the bench for the Sunday fixture, even after the Argentine apologised for comments that questioned his future at Stamford Bridge. Rosenior emphasized the club’s collective values, stating, “Football is a team sport, not about individuals,” and hinted that Fernández could feature again after this match. Chelsea’s Champions League ambition Rosenior reiterated confidence in his squad’s ability to secure a top‑five finish, noting that despite a recent dip in form, the team has consistently created problems for opponents. Historical head‑to‑head The two clubs have met 181 times in competitive fixtures: Chelsea have won 71, City 68, with 42 draws. Notably, Chelsea have not beaten City since the 2021 Champions League final. Recent encounters (last 10): 04 Jan 2026 – Man City 1‑1 Chelsea (Premier League) 25 Jan 2025 – Man City 3‑1 Chelsea (Premier League) 18 Aug 2024 – Chelsea 0‑2 Man City (Premier League) 20 Apr 2024 – Man City 1‑0 Chelsea (FA Cup semi‑final) 17 Feb 2024 – Man City 1‑1 Chelsea (Premier League) 12 Nov 2023 – Chelsea 4‑4 Man City (Premier League) 21 May 2023 – Man City 1‑0 Chelsea (Premier League) 08 Jan 2023 – Man City 4‑0 Chelsea (FA Cup third round) 05 Jan 2023 – Chelsea 0‑1 Man City (Premier League) 09 Nov 2022 – Man City 2‑0 Chelsea (League Cup third round) Team news – Chelsea Rosenior confirmed centre‑back Levi Colwill has returned to training after a serious knee injury, though he remains a selection risk. Right‑back Reece James is training after a hamstring issue. Defender Trevoh Chalobah and winger Jamie Gittens are still sidelined. Predicted starting XI: Sanchez; Gusto, Fofana, Adarabioyo, Cucurella; Santos, Caicedo; Neto, Palmer, Estevao; Pedro. Team news – Manchester City Defender Rúben Dias continues to recover from a muscle problem and is unavailable. Josko Gvardiol remains out with a tibial fracture sustained in January. Predicted starting XI: Donnarumma; Nunes, Khusanov, Guehi, O’Reilly; Silva, Rodri; Semenyo, Cherki, Doku; Haaland. The outcome of this clash could dramatically reshape the Premier League title race and determine whether Chelsea can keep their Champions League aspirations alive.

US President Donald Trump has announced that the Strait of Hormuz will reopen 'fairly soon' with or without Iran's assistance, as the US and Iran prepare for peace talks in Pakistan. The strait, a critical maritime chokepoint, has been effectively blocked by Iran, disrupting approximately one-fifth of global oil and natural gas flows.Speaking to reporters, Trump said the US would 'open up the Gulf' and that other countries were ready to 'help out'. He emphasized that ensuring Iran does not possess nuclear weapons is the priority in any agreement, and the strait would open 'automatically' if a deal is reached.Despite a two-week ceasefire between the US and Iran, shipping in the strait remains at an effective standstill. Only two vessels passed through the strait on Friday, down from five the previous day. More than 600 vessels, including 325 tankers, are still stranded in the Gulf due to the blockage.US Vice President JD Vance and Iranian parliamentary speaker Mohammad Bagher Ghalibaf are set to lead negotiations in Islamabad aimed at securing a permanent end to the war. The US and Iran have offered conflicting messages on the agreed-upon terms for the negotiations, including the contents of a 10-point plan put forward by Tehran.

Senior Iranian officials, including parliamentary speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi, have arrived in Islamabad, Pakistan, for ceasefire talks with the United States. The US delegation, led by Vice President JD Vance, along with special envoy Steve Witkoff and Jared Kushner, is representing Washington in the negotiations.Ahead of the talks, Vance indicated a potential opening for diplomacy, stating that Washington is ready to “extend an open hand” if Iran negotiates in good faith. However, the situation on the ground remains volatile, with Lebanon’s Health Ministry reporting that at least 357 people were killed in Israeli attacks on Wednesday, with the death toll expected to rise.In IranIran is experiencing a near internet blackout that has passed 1,000 hours, making it one of the longest nationwide internet disruptions on record, according to the monitoring group NetBlocks.Analyst Zohreh Kharazmi noted that Iranians remain sceptical ahead of the negotiations, despite Tehran believing it holds leverage, including over the Strait of Hormuz.War DiplomacyIran’s delegation of top officials arrived in Islamabad for ceasefire talks with the US, as reported by Iranian state television on Friday.Lebanon’s presidency announced that a meeting will be held at the US Department of State on Tuesday to discuss declaring a ceasefire and the start date for negotiations between Lebanon and Israel under US auspices.Iran demands a truce in Lebanon and the release of its blocked assets as Vance warned Tehran not to “play” Washington in their talks.US President Donald Trump stated that Iran has “no cards” in upcoming talks with the US and mentioned that US warships are being reloaded with weaponry to strike Iran if the talks fail to produce a deal.In the USTrump says the Strait of Hormuz will reopen ‘fairly soon’, pledging that Washington will “open up the Gulf” amid ongoing disruption to global energy supplies.Former US ambassador Douglas Silliman noted that Trump is likely to push for a fast outcome in the talks to ease economic pressure, with the reopening of the Strait of Hormuz seen as a critical priority.US consumer prices surged to a two-year high, increasing pressure on the administration as economic concerns grow at home.In IsraelThe US has reportedly asked Israel to halt attacks on Hezbollah in Lebanon to avoid derailing negotiations, with the current US-Iran ceasefire set to expire on April 21.Israel’s military operations and expanding ground offensive in Lebanon continued, even as ceasefire negotiations were scheduled.In Gaza and JerusalemMore than 100,000 people attended the first Friday prayers at the Al-Aqsa Mosque in East Jerusalem since its reopening following the US-Iran truce, the holy site’s Islamic authority reported.An Israeli air strike killed at least six people and injured several others at the Bureij refugee camp in the central Gaza Strip, according to the Gaza Health Ministry.In LebanonHeavy toll from Israeli attacks: Lebanon’s Health Ministry reported that nearly 2,000 people have been killed by Israeli air strikes and ground operations since early March, with thousands more wounded.Lebanon is facing a food security crisis, with prices surging and supply chains disrupted amid Israel’s offensive, according to the United Nations World Food Programme (WFP).