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Eight OPEC+ participants have consented to raise daily oil‑production quotas by 206,000 barrels for May, a modest adjustment given that several key producers are constrained by the US‑Israeli conflict with Iran that has sealed the Strait of Hormuz.The strategic waterway has been blocked since late February, halting shipments from the core OPEC+ exporters Saudi Arabia, the United Arab Emirates, Kuwait and Iraq, thereby tightening global supply.During a virtual session, the eight members—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman—endorsed the May quota increase and reiterated their commitment to monitor market dynamics closely.The joint statement highlighted ongoing vigilance over market conditions and expressed concern that attacks on energy infrastructure make restoration costly and time‑intensive, further limiting supply availability.Although the increase accounts for less than 2% of the volume lost due to the Hormuz closure, OPEC+ sources told Reuters the decision signals a willingness to expand output once the strait reopens.Crude prices have surged to around $120 per barrel, a four‑year high, driving up transport‑fuel costs worldwide.JPMorgan warned that if the blockage persists into mid‑May, oil could breach $150 a barrel, an unprecedented level.The May adjustment mirrors the April decision made on March 1, yet the conflict is estimated to have removed between 12 and 15 million barrels per day—approximately 15% of global supply.Iran has allowed certain regional vessels to navigate the strait; Iraqi crude was observed transiting, and Oman is conducting talks with Tehran to facilitate smoother passage.U.S. President Donald Trump has threatened to expand attacks on Iranian civilian infrastructure, including bridges and power plants, if the Strait of Hormuz does not reopen by Monday.

The missing crew member of a US F‑15E jet, described by President Trump as a colonel, was located and rescued after a heavy firefight that involved hundreds of special‑forces operators, according to a US official speaking to Al Jazeera.Trump has set a 48‑hour deadline for Iran to reopen the Strait of Hormuz, a vital chokepoint through which 20% of global oil and gas transits. Iran’s central military command dismissed the ultimatum as “helpless, nervous, unbalanced and stupid.”Iran reports that US‑Israeli strikes have killed five people and wounded 170 at the Mahshahr Petrochemical Zone, while more than 30 universities have been targeted since the war began on 28 February.The rescued airman was the second of the two‑person crew; Iran has not yet issued a comment, though officials had previously urged citizens to help locate the missing officer in hopes of gaining leverage against Washington.During the rescue operation, Iranian media said strikes killed five civilians in the southwest. The Islamic Revolutionary Guard Corps (IRGC) claimed it shot down a US aircraft searching for the officer near Isfahan and destroyed an MQ‑9 Reaper drone, labeling the US effort a “desperate attempt to cover up a huge defeat.”Additional US‑Israeli attacks in Ardabil province near the Azerbaijani border killed three people, and the IRGC warned that the United States’ “target bank is inaccurate,” dismissing Trump’s threats to strike bridges as “laughable.”Russia has evacuated another 200 staff from the Bushehr Nuclear Power Plant after a deadly perimeter attack, while Iran’s foreign minister warned that such raids could expose the region to radioactive contamination.Tehran’s prosecutor’s office ordered the seizure and freezing of assets belonging to more than 100 high‑profile individuals accused of supporting the enemy abroad.In the Gulf, Iranian drones damaged two Kuwaiti power and desalination plants, shutting down two electricity‑generating units but causing no injuries. Bahrain’s civil‑defence teams extinguished a fire at an unspecified facility, also without casualties. Abu Dhabi halted operations at Borouge’s petrochemical plant after debris‑induced fires, and the UAE’s air defences responded to missile and drone attacks aimed at its aluminium industry. Former IAEA director‑general Mohamed ElBaradei urged Gulf nations to act before the situation “turns the region into a ball of fire.”President Trump confirmed the rescue on Truth Social, calling it “one of the most daring Search and Rescue Operations in U.S. History.” Meanwhile, former Army chief of staff General Randy George submitted a farewell letter after his removal, and satellite‑imaging firm Planet Labs announced an indefinite blackout of Iranian and regional imagery at the request of the Trump administration. Two individuals claiming to be relatives of the late Iranian general Qassem Soleimani were detained in the US, though Iranian media later disputed the familial link.Israel reported intercepting a missile launched from Yemen—the fifth such attack since the war’s start—and the Houthis, together with Iranian forces and Hezbollah, claimed a joint long‑range strike on Lod airport. Explosions were heard over Jerusalem, and missile attacks on Tel Aviv and central Israel wounded five civilians.In Lebanon and Syria, Israeli forces bombed the town of Kfar Hatta in Sidon, struck the southern city of Tyre after issuing evacuation warnings, and caused casualties in Maarakeh, where at least five people were reported killed.Energy markets are under pressure: OPEC is set to meet to decide May output policy after a modest April boost of 206,000 barrels per day. The war has driven crude prices above $100 per barrel, up from $65 before hostilities. Italy’s Prime Minister Giorgia Meloni visited Saudi Arabia and Qatar and is expected to travel to the UAE as oil supplies remain disrupted. Japan’s Mitsui OSK Lines reported that its LPG tanker Green Sanvi resumed Gulf crossing after being stranded. Iran announced it would allow Iraqi vessels to transit the Strait of Hormuz despite maintaining a broader blockade, a move aimed at easing Iraq’s severe economic distress.

Israeli forces have launched a series of attacks on southern Lebanon, resulting in the deaths of at least two children and injuring 40 people, according to Lebanese health officials. The Ministry of Public Health reported that an Israeli strike on Habbush killed two girls and wounded 22 people on Saturday. In a separate incident, an attack on al-Hawsh near Tyre wounded 18 people, including a child, three women, and three paramedics. The strike also damaged a nearby major hospital, the Lebanese Italian Hospital, which despite the damage, will remain open to provide necessary medical care. The violence escalated as Israeli forces continued their ground invasion, blowing up houses in several southern front-line villages and towns, including Aita al-Shaab and Ramyah, and bombing bridges linking Samar with Mashghara, claiming they were being used by Hezbollah. The bombing of bridges and civilian infrastructure across southern Lebanon has been widely condemned, with rights groups warning that Israel appears to be trying to isolate the region. At least 1,368 people have been killed in Lebanon and 4,138 wounded in these attacks, which have also displaced more than one million people. Despite the continued offensive, experts believe that Israel is unlikely to achieve its stated goal of disarming Hezbollah. Hezbollah maintains depth in Lebanon's Bekaa Valley and southern Lebanon, and even if Israel manages to push the group out of these areas, it would not necessarily mean that it would have eliminated Hezbollah entirely.

Iran carried out the execution of Abolhassan Montazer and Vahid Baniamerian on Saturday morning, following a Supreme Court ruling that confirmed their death sentences for membership in the outlawed People’s Mojahedin Organization of Iran (PMOI/MEK) and involvement in "armed rebellion" through multiple terrorist acts. The two men were hanged after a Revolutionary Court sentenced them in late 2024, a case that underscores Tehran's intensified crackdown on dissent amid the US‑Israeli war on Iran that began on February 28. This latest execution follows the hanging of four other PMOI members—Mohammad Taghavi, Akbar Daneshvarkar, Babak Alipour and Pouya Ghobadi—on March 30‑31, bringing the total number of executed opposition figures to six since the conflict escalated. The PMOI condemned the hangings in an April 2 statement, labeling Tehran's actions a "futile" attempt to suppress opposition and warning that such brutality will only fuel the resolve of Iran’s youth to challenge the regime. Human‑rights groups have also decried the executions. Amnesty International reported that the men were allegedly tortured while in custody and transferred to an undisclosed location shortly before their deaths. The organization warned that additional protesters—some sentenced to death for participation in the January anti‑government demonstrations—could face execution after being moved from Ghezel Hesar prison. Amnesty’s deputy regional director for the Middle East and North Africa, Diana Eltahawy, said, "It is unconscionable that even as the population endures mass bereavement from aerial bombardments, the Islamic Republic continues to weaponize the death penalty to eradicate dissenting voices and terrorise its people." The wave of hangings also includes the case of Kouroush Keyvani, a dual Iranian‑Swedish national convicted of spying for Israel, whose execution sparked outrage in Stockholm and the European Union. Another individual convicted of acting on behalf of Israel and the United States during the protests was executed on Thursday. These developments occur against a backdrop of intensified military confrontations, with Iran reporting the downing of U.S. aircraft and ongoing aerial bombardments by Israel and the United States, further complicating the nation’s internal security landscape. International observers warn that the continued use of capital punishment as a tool of political repression not only violates human‑rights norms but also risks deepening regional instability as the war persists.

The conflict between Iran, the US, and Israel has reached a critical juncture on day 36 of the war. Iran has claimed responsibility for shooting down two US warplanes, a F-15E Strike Eagle and an A-10 Warthog, in a significant escalation of the conflict. Two American crewmembers were rescued, while one airman remains missing after the incidents over the Kohgiluyeh and Boyer-Ahmad provinces and the Gulf. Iranian officials have celebrated the downing of the aircraft as a major military success, demonstrating Tehran's capability to confront US and Israeli forces. The incidents have sparked a major crisis, with search and rescue operations underway for the missing US crewmember. A US Black Hawk helicopter involved in the search was also hit by Iranian fire but managed to remain airborne. Iranian President Masoud Pezeshkian has questioned the US's sincerity about diplomacy, accusing Washington of hypocrisy. The conflict has also had a significant impact on the region, with simultaneous conflicts in Iran, Gaza, and Lebanon costing Israel an estimated $112bn. The war has resulted in at least 2,076 people killed and 26,500 wounded in Iran since the start of the conflict on February 28. The international community remains on high alert, with Iran launching missile attacks on southern Israel and Israel destroying two critical bridges in Lebanon's Bekaa Valley.

Survivors of a recent bridge attack in Iran have shared their harrowing accounts of the US-Israeli airstrike that left them shaken. The incident, which occurred on an unspecified date, involved a targeted attack on a bridge, highlighting the ongoing tensions between Iran and the involved countries.The airstrike, attributed to the US and Israel, has raised concerns about the escalating conflict in the region and its potential repercussions on global stability. While details about the attack and its aftermath are still emerging, the survivors' testimonies provide a g grim insight into the human cost of such military actions.

In the face of a downbeat hospitality trend in the UK, food halls are emerging as a beacon of hope, offering a diverse culinary experience that is proving resilient to economic challenges. The Cambridge Street Collective in Sheffield, Europe's largest purpose-built food hall at 20,000 sq ft, exemplifies this trend. Opened in 2024, it features a variety of vendors offering everything from sushi tacos to Palestinian cuisine.The food hall sector is experiencing significant growth, with major UK cities averaging £5.6m in annual revenue and a year-on-year growth rate of 10.75%. This growth is attributed to the shared infrastructure and risk model, where vendors pay a cut of their sales each month, and the owner covers costs such as energy and staffing. This model allows for a lower-risk entry point for entrepreneurs and innovative food concepts.65 new food halls are currently in development across the UK, including a 60,000 sq ft venue in Newcastle and a growing scene in cities like Manchester, Liverpool, and London. These food halls are not just about food; they offer a community space where people can work, socialize, and enjoy a variety of cuisines.Matt Farrell, founder of Bold Street Coffee, notes that food halls have become incubators for new businesses, providing opportunities for operators who can't afford traditional sites. James Cowan of Blend Collective, the owner of Cambridge Street Collective, emphasizes the importance of hosting local businesses and keeping the offering fresh.Successful food hall vendors have gone on to open their own brick-and-mortar restaurants, such as Baity, a Palestinian chain with sites in multiple cities, and Bao, which started in London's Netil Market. These success stories highlight the potential for food halls to foster culinary innovation and entrepreneurship.While some may wonder if the UK has reached peak food hall, industry experts believe there is still room for growth, particularly in areas with high demand and limited offerings. As the economic climate continues to evolve, food halls are likely to remain a vibrant part of the UK's culinary landscape.

Chelsea manager Liam Rosenior has sought to calm the storm surrounding Enzo Fernández's recent comments about his future at the club. Fernández had appeared to cast doubt on his Chelsea future during the international window, praising former Real Madrid players Toni Kroos and Luka Modrić and expressing a desire to live in Madrid. Rosenior took the decision to suspend Fernández from Chelsea's FA Cup quarter-final against Port Vale and the upcoming Premier League game against Manchester City, feeling his comments had 'crossed the line' and threatened the culture he is working to instill. However, Rosenior was pleased that Fernández was present at Stamford Bridge to watch the Vale match and sought to draw a line under the affair. “Enzo and I are in a very good place,” Rosenior said. “I saw him today, had a really good conversation with him today one-to-one and things aren’t what people maybe think they are.” Rosenior emphasized that he wants the team to focus on achieving their season goals, including winning the FA Cup and qualifying for the Champions League. The decision to punish Fernández drew an unhappy response from the player’s agent, Javier Pastore, who described it as 'completely unfair.' Rosenior remained firm, stating that Fernández knows his value to the team and that he was pleased to see him supporting the players.

Oxford's women's crew delivered a stunning performance in the Boat Race, overcoming Cambridge and ending an 8-year drought without a win. Led by Olympic medallist Heidi Long, the team forged a significant lead early on and maintained it despite challenging conditions.The women's race took place on a windy and overcast day in London, with tens of thousands of spectators lining the 6.8km course. Oxford's crew demonstrated remarkable resilience, with Heidi Long praising her teammates and the team's collective effort.In contrast, Cambridge's men's crew asserted their dominance, winning by 4 lengths in a challenging race. The victory marked Cambridge's 89th win overall, with their coach Rob Baker expressing pride in the team's performance.Oxford's women's coach, Allan French, highlighted the team's dedication and perseverance, noting that their achievement was years in the making. The victory marked Oxford's 31st win in the women's race since its inception in 1927.