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American consumers are watching gasoline and airline fares climb, while economists warn that the war in Iran will keep pressure on prices across the U.S. economy.“The good old days are gone,” said Christopher Tang, a professor at UCLA’s Anderson School of Management who studies global supply chains. “We see gasoline prices rising now, but that’s only the tip of the iceberg; everything will become more expensive.”Since the conflict began in late February, crude oil has surged past $110 a barrel. The rally is tied to Iran’s leverage over the Strait of Hormuz, a narrow chokepoint through which roughly 20% of the world’s oil passes.In a recent address, President Donald Trump claimed the United States is “totally independent of the Middle East” and has “plenty of gas.” However, Brookings Institute’s energy‑security director Samantha Gross reminded listeners that oil is a globally traded commodity and the U.S. still imports significant volumes, meaning American consumers will face the same high prices as the rest of the world.Iran has either halted shipments through the strait or imposed a toll of up to $2 million per vessel. Tankers are forced to take longer routes or pay the fee, inflating logistics costs for all downstream users.Major logistics players are already passing those costs on. Amazon announced a 3.5% surcharge for third‑party sellers, while UPS and FedEx have introduced fuel surcharges exceeding 25%. The United States Postal Service will add an 8% surcharge to transportation rates starting 27 April, noting the charge is “less than one‑third of what our competitors charge for fuel alone.”When the prices go up, they rarely come back down— Christopher Tang, UCLACountries have dipped into strategic oil reserves to blunt the shock, but economists such as Virginia Tech’s David Bieri warn that refilling those stockpiles will require buying oil at today’s elevated prices, keeping the upward pressure on the market.Higher oil costs ripple beyond fuel. Crude is a key feedstock for chemicals, pharmaceuticals and fertilizers, meaning the surge could translate into higher prices for prescription drugs and groceries.Cornell University’s agricultural economics professor Christopher Wolf explained that diesel, a major input for farm equipment and fertilizer production, is also climbing, raising the cost of both crop cultivation and livestock raising.Retailers and food processors are already adjusting. “If we anticipate higher costs, we start raising prices early to avoid a sudden shock later,” Wolf said, describing a “rational expectations” approach.The Independent Grocers Alliance warned that a 10‑15% rise in fuel costs could lift food prices by 2‑4% by mid‑summer, underscoring the broader impact on household budgets.Although President Trump expects the United States to exit the Iran conflict within two to three weeks, experts agree that even a swift resolution will not instantly reverse the price spikes.The strait’s strategic importance means the political risk premium on oil will linger. “You never know when this could flare up again,” said Northeastern University’s Ravi Ramamurti, adding that the effect is likely to be persistent.As Tang summed up, “When the prices go up, they rarely come back down.”

Italian football fans are being encouraged to put their national team's World Cup 2026 qualification failure behind them – by backing co-hosts Canada instead. Canada Soccer, the national governing body for the sport, is offering a free jersey swap on Saturday for fans in Toronto's Little Italy district.“Dear Italian soccer fans, Don't wait four more years. Swap your jersey for Canada,” read a post on X. The initiative aims to tap into Canada's large Italian diaspora, with around 1.5 million Canadians having either full or partial Italian ancestry.Italy would have faced Canada in Group B had they won their qualifying playoff against Bosnia and Herzegovina – but the Azzurri lost on penalties, missing out on the men's World Cup finals for the third tournament in succession. Instead, Jesse Marsch's team will face Bosnia and Herzegovina, Qatar, and Switzerland in their group games.“Canada Soccer is inviting Italian-Canadians to get behind the home team,” read a further statement. “On Saturday 4 April from 10am to 2pm (EST), Canada Soccer will be outside Cafe Diplomatico on College Street in Toronto, offering fans the chance to swap their Italy colours for a Canada jersey and join the momentum heading into the Fifa World Cup 2026.”T icket prices for Canada's World Cup opener against Bosnia and Herzegovina on 12 June have soared, with all unsold tickets listed at $3,125 and most resale seats costing a similar price. Saturday's free jersey swap may be the most affordable way that local Italian fans can get involved with the World Cup this summer.

Kieran Trippier, a key player for Newcastle United, has announced that he will be leaving the club when his contract expires this summer. This news comes as the Saudi-owned club prepares for a potential summer overhaul, with Eddie Howe's managerial position also uncertain.Trippier joined Newcastle from Atletico Madrid in January 2022 for £12m and has since made over 150 appearances for the team, scoring four goals. He played a crucial role in the team's Carabao Cup victory last May and helped Newcastle qualify for the Champions League twice.At 35, Trippier is no longer a guaranteed starter, but he remains a vital influence off the field. Emotional in his announcement, Trippier expressed his gratitude for the journey he's been on with Newcastle, stating, 'It’s emotional and I’m really going to miss it. It’s been an amazing journey.'Eddie Howe, Trippier's manager, praised his character and commitment, saying, 'While we’ll be saying goodbye to Kieran shortly, we also know we have a lot left to play for this season, and I know a player of Kieran’s character will be giving absolutely everything to end his time here on a high.'

At the start of 2026 Pakistan was sitting on a surplus of imported liquefied natural gas (LNG). Three consecutive years of falling demand – from a peak of 8.2 million tonnes in 2021 to 6.1 million tonnes by late 2025 – were driven by cheap solar panels and reduced industrial activity. The government responded by quietly selling excess cargoes abroad and shutting down domestic wells to avoid over‑pressurising pipelines. Any gas that could not be diverted would have been pushed into household networks at a loss, adding billions to the sector’s crippling debt. Everything changed on 28 February when the United States and Israel launched the "Epic Fury" operation against Iran. The strikes killed Supreme Leader Ali Khamenei and targeted missile sites, air defences and military infrastructure. Iran retaliated with hundreds of missiles and drones, choking traffic through the Strait of Hormuz – a chokepoint for roughly 20 % of global oil and gas. As part of its retaliation, Iranian drones hit Qatar’s Ras Laffan Industrial City on 2 March, the world’s largest LNG export hub. Qatar, the second‑largest LNG exporter after the United States, declared force majeure and halted all production, releasing it from contractual delivery obligations. The fallout was immediate. Qatar’s forced shutdown cut its LNG output by 17 % and disrupted the supply chain that fuels Pakistan, which sources almost all of its imported gas from Qatar and the United Arab Emirates. Pakistan’s LNG arrivals plummeted from 12 shipments in January to just two in March. Monthly cargo data from the Oil and Gas Regulatory Authority (OGRA) show that the country received between eight and twelve shipments a month through 2025, but only two arrived after the conflict began. Price pressure followed. On 13 February state‑owned Pakistan State Oil and Pakistan LNG Limited bought eight cargoes at an average of $10.47 per MMBtu (totaling $257.1 million). By 12 March the two cargoes that did arrive cost $12.49 per MMBtu – a 19 % increase in just one month. Long‑term contracts have left Pakistan with little flexibility. Two government‑to‑government agreements with Qatar, spanning 15 and 10 years, commit the country to nine shipments a month. Even as domestic demand fell – LNG’s share of Asian markets dropped from ~30 % in 2020 to ~18 % in 2025 – the contracts remained binding. Solarisation has been a double‑edged sword. By 2025 Pakistan installed 34 GW of solar capacity, with about 25 GW feeding the national grid, driving an 11 % decline in overall electricity demand between 2022 and 2025. Gas‑fired power plants built for imported LNG are now under‑utilised, especially during daylight hours. Analysts warn that the surplus was predictable. “Pakistan’s energy planning has been locked into long‑term contracts with little room for adjustment,” says Haneea Isaad of the Institute for Energy Economics and Financial Analysis (IEEFA). The resulting circular debt now stands at 3.3 trillion rupees (≈ $11 billion), and the government is negotiating to off‑load 177 unwanted shipments worth $5.6 billion through 2031. With Qatar’s LNG shipments effectively halted, the country faces a potential shortfall of more than 21 % of its power generation capacity. The National Electric Power Regulatory Authority confirmed that LNG supplies are under force majeure, while coal imports from South Africa and Indonesia continue. To mitigate the gap, Pakistan is reviving domestic gas production that had been throttled during the surplus period. Roughly 350–400 million cubic feet per day of domestic gas were previously held back for LNG imports, now being released to the grid. Nevertheless, analysts caution that even with restored domestic gas, imported coal and hydropower, “the energy shortage may persist, especially during the peak summer months.” Summer pressure is already building. The State of Industry Report 2025 recorded peak electricity demand of over 33,000 MW last summer, while winter demand sits around 15,000 MW, helped by solar generation of 9,000–10,000 MW daily. Furnace oil, the primary backup fuel, now costs 35 rupees per unit (≈ $0.12), more than double since the Strait of Hormuz disruption. Consumers with grid electricity face higher bills and possible outages; industrial users reliant on gas risk production cuts; those equipped with rooftop solar and battery storage are best insulated. “Returning to the spot market is unlikely given Pakistan’s dire financial position, and competing with wealthier nations would price the country out,” Isaad warns. “The realistic outcome may be planned load‑shedding of two to three hours daily.”

At the Oxford Brookes Headington campus, a group of over 100 students are working tirelessly to build the fastest and best-designed race car possible for this year’s Formula Student competition.The Oxford Brookes Racing (OBR) team, the UK’s most prestigious Formula Student team, has won more design awards than any other UK university and frequently secures top spots in the international race held annually at Silverstone.Success in the competition is crucial as it gets the team noticed by the industry, where a handful of engineering jobs can have upwards of 10,000 applicants. Several OBR alumni are currently working in every Formula One team.“A lot of the coverage on TV is based around the drivers, but not really the actual engineers,” said Thomas Cawdery, a team manager and third-year motorsports technology student. “This is what you don’t see in Formula One. The engineers who make it happen.”The OBR team is entirely run by students and operates out of two buildings, where scores of people are working hard – cutting and shaping carbon fibre chassis by hand, and running simulations on computers. Students of all ages are teaching and learning from one another.While actual Formula One cars have much more power than the students are allowed for safety reasons, the complexity of the cars is very similar. “They’re the same if not more complex than Formula One cars,” Cawdery said.The OBR team surpasses industry expectations in some aspects, particularly in terms of gender balance. Unlike most Formula One teams, where only about 10% of engineers are women, OBR has a much better gender balance.Emma Deery, a first-year mechanical engineering student, finds the inclusive environment encouraging. “In the industry, a lot of women find themselves the only woman on their team. Here it’s different. We have a lot more women and a lot of women in leadership roles.”The OBR team will compete for the top spot this summer against 102 other teams from 27 countries. The competition is a useful recruitment tool for big industry names, as it showcases innovative engineering skills.Ross Brawn, the legendary former team principal, once said, “There are two really innovative forms of motorsport left. One of them is Formula One and the other one is Formula Student.”

Liverpool head coach Arne Slot has expressed no regrets over his treatment of Mohamed Salah, emphasizing that the decision to leave the club was solely the forward's. Salah announced his departure from Liverpool at the end of the season, 12 months before his contract was set to expire.Slot faced the media for the first time since Salah's announcement and chose not to disclose the reasons or timing of the forward's decision. He believes it is up to Salah to explain his reasons for exiting the club. The Liverpool head coach was questioned about being perceived as the 'bad guy' behind Salah's departure, particularly following the player's criticism at Leeds in December. Slot responded by stating that he wouldn't have handled the situation differently and doesn't regret many of his decisions during his time with Salah.Slot also denied that allowing Salah to leave on a free transfer indicates the club is happy to let him go. He emphasized that Salah has earned the right to decide when he should leave, having done many great things for the club.As Liverpool prepares for their FA Cup quarter-final against Manchester City, Slot confirmed he is heavily involved in planning for this summer's transfer window.

Pep Guardiola has expressed that he will not obstruct Rodri's potential transfer to Real Madrid if the midfielder desires to leave Manchester City. However, Guardiola believes Rodri will remain at the club beyond this summer.Rodri, whose contract with City expires in June 2027, was questioned about reports that Real Madrid's president, Florentino Pérez, is interested in signing him. The 29-year-old noted that being a former Atlético Madrid player would not be an obstacle, referencing other players who have made similar moves.Guardiola emphasized that the club's organization is above individual players, and if a player is unhappy, they should be allowed to leave. He expressed his positive feelings about Rodri staying at City, highlighting the midfielder's significant contributions to the team.Guardiola's own contract with City also expires in the summer of 2027, but he stated that he has previously discussed his future and sees no need to revisit the topic.City will host Liverpool in an FA Cup quarter-final on Saturday, with Guardiola aiming to make history by leading a team to a fourth consecutive final.

The UK’s premier AI research centre, the Alan Turing Institute, has been instructed by its chief public funder, UK Research and Innovation (UKRI), to implement significant organisational changes. The directive follows a UKRI review that found the institute’s strategic alignment and value for money "not yet satisfactory".UKRI, which granted the institute a £100 million, five‑year funding package in 2024 and remains its largest single source of finance, said the review highlighted strong scientific foundations but a lack of clear strategic focus and delivery.Last summer, the government signalled that the institute must undergo a strategic overhaul, urging a shift toward defence and national security while downgrading work on health and the environment—previously two of its three core pillars.Leadership turbulence has accelerated the changes. Chief Executive Jean Innes resigned in September after staff unrest, and chair Doug Gurr stepped down this week to take up a permanent role at the UK competition watchdog.UKRI’s AI programme overseer, Prof. Charlotte Deane, stressed that achieving the UK’s AI ambitions requires institutions that are “focused, effective and aligned to national need.” She added that the review recognises the institute’s value but calls for significant change in several areas.To execute the recommendations, UKRI will work with the institute’s newly appointed chief executive, George Williamson, who comes from a government post centred on national security. The plan includes strengthening governance and placing defence and security at the core of the institute’s mission.The Alan Turing Institute collaborates with universities, private firms and government bodies, while UKRI invests £8 billion annually in UK research and innovation. A spokesperson for the institute acknowledged recent improvements in focus and governance but said it must move “faster and further.”“Working with funders and partners, we will be even more ambitious about the role we can play for the UK, and we welcome the confirmation of our clear, single‑purpose mission with national resilience, security and defence at its core,” the institute said.

Phil Foden must seize his chance as Manchester City face Liverpool on Saturday at 12:45 pm BST. After two lacklustre starts for England under Thomas Tuchel, the 25‑year‑old has recorded only one assist in his last 22 outings for club and country. Dropped below Rayan Cherki in Pep Guardiola’s hierarchy and yet to complete a full 90 minutes since January, Foden’s performance in the FA Cup could determine his future at both City and the national team.Manchester City v Liverpool – Saturday 12:45 pm BSTEstêvão Willian offers Chelsea a welcome boost. Following a Champions League exit at the hands of Paris Saint‑Germain and a heavy defeat to Everton, manager Liam Rosenior faces a must‑win against Port Vale at 5:15 pm BST. The 18‑year‑old Brazilian winger, who impressed as a substitute against Everton, could inject the speed and unpredictability Chelsea need to lift a disgruntled crowd and revive a faltering season.Chelsea v Port Vale – Saturday 5:15 pm BSTKepa Arrizabalaga gets a second chance ahead of Arsenal’s trip to Southampton. The former Athletic Bilbao keeper was at fault for the decisive goal in the Carabao Cup final, yet manager Mikel Arteta has kept him as the starting goalkeeper for the FA Cup tie. A solid performance could cement Arrizabalaga’s status as Arsenal’s long‑term No 2, while a repeat error may see him lose the role to David Raya.Southampton v Arsenal – Saturday 8:00 pm BSTWest Ham’s cup run doubles as a survival rehearsal. The Hammers host Leeds United on Sunday at 4:30 pm BST, a match that could swing the relegation battle. Despite a recent victory over Brentford, injuries – notably to winger Crysencio Summerville – threaten to undermine their league campaign. Manager Nuno Espírito Santo must balance the morale boost from the cup with the need to keep key players fit for the Premier League’s final stretch.West Ham v Leeds – Sunday 4:30 pm BST