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World Economy Apr 17, 2026

Oil Prices Plummet 10% as Iran Opens Strait of Hormuz to Commercial Shipping

Oil and gas prices have fallen by nearly 10% after Iran announced that the Strait of Hormuz is open…
Oil and gas prices experienced a significant decline of almost 10% on Friday following Iran's announcement that the Strait of Hormuz is open to commercial shipping. This development could pave the way for tankers carrying millions of barrels of oil and gas to access the global market.Iran's foreign minister stated that vessels are free to transit the Strait of Hormuz during the 10-day ceasefire between Israel and Lebanon. Brent crude, the international benchmark, fell by 9% to $90 a barrel, while the benchmark European gas contract dropped by about 8.5% to €38.80 (£33.80) per megawatt hour.The US naval blockade on Iran's use of the strait remains in full force, according to Donald Trump, until a deal is reached with Tehran. Trump expressed optimism that the process will move quickly, as most points have already been negotiated.The crisis in the Strait of Hormuz has disrupted supplies of Middle Eastern crude and gas, as well as refined fuels from Gulf refineries, in what the International Energy Agency has described as the biggest energy supply crisis in history. Before the crisis, over 130 ships a day travelled through the strait, but this has reduced to a trickle under threats from Iran's Revolutionary Guards.There are currently around 800 tankers stuck in the Gulf, with about 300 being oil and gas tankers. It remains uncertain whether tankers will be required to pay a fee of about $2m (£1.5m) for safe passage through the strait.Analysts, such as Giovanni Staunovo from UBS, view Iran's comments as a sign of de-escalation, but emphasize the need to see a substantial increase in the number of tankers crossing the strait.
#iran #strait #gas
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Politics Apr 17, 2026

Racheal Crowther’s Chisenhale Show Turns a Military Health Unit into a Scent‑Driven Psy‑Op Critique of State Care

London artist Racheal Crowther’s debut institutional exhibition at Chisenhale Gallery uses a repurp…
The Chisenhale Gallery in London greets visitors with an unsettling aroma that oscillates between sweet butter and a harsh, chemical perfume, immediately signalling that the exhibition is designed to disturb both mind and nostrils.At the heart of the show stands a massive mobile health unit – a former US‑British field ambulance acquired at a military auction. Its presence transforms the pastel‑painted gallery into a simulated triage zone, complete with faded chemical warnings, triage forms and evacuation maps. Among the discarded paperwork, a single sheet reveals that the vehicle participated in decontamination after the 2018 Novichok attack on double‑agent Sergei Skripal, adding a chilling historical layer to the installation.The surrounding walls are coated in Baker‑Miller pink, the hue once tested in US jails to calm aggressive inmates. This “drunk‑tank pink” juxtaposes the sterile pink of the health unit, blurring the line between soothing and coercive environments.Beyond visual cues, the exhibition assaults the senses with a bespoke scent concoction. Crowther blends substances derived from powdered milk – a symbol of industrialised sustenance – with hexadecanal, a naturally occurring skin compound known to dampen aggression in men while provoking it in women, and famously emitted by newborns. The result is a “sweetly putrid” odor that feels both familiar and alien, prompting visitors to question whether they are inhaling rubber, milk, or something more sinister.Through this multisensory tableau, Crowther frames colour and smell as potential psy‑ops, probing how basic human experiences can be industrialised and militarised. She asks: What does health mean when it is administered by the state or corporate entities? Who truly benefits when care becomes a tool of surveillance and control?Visitors navigate a space that oscillates between comfort and exploitation, leaving them to wonder whether they are being nurtured or manipulated. The exhibition runs at Chisenhale Gallery until 14 June 2026, inviting the public to confront the uneasy overlap of medical aid, military apparatus and sensory manipulation.
#Racheal Crowther #Chisenhale Gallery #Baker-Miller pink
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Sports Apr 17, 2026

World Cup 2026 Transit Prices Spark Outrage Among Football Fans in the US

Football fans are outraged over exorbitant transit prices to attend World Cup 2026 matches in the U…
Football fans heading to the World Cup 2026 in the United States are facing a new challenge: exorbitant transit prices. Reports have emerged that United States transport authorities have significantly increased prices for fans traveling to matches, sparking widespread outrage. New Jersey Transit is planning to charge fans more than $100 for tickets from Penn Station in Manhattan to MetLife Stadium in East Rutherford, New Jersey. This is a substantial hike from the usual return ticket price of $12.90. Similarly, the Massachusetts Bay Transportation Authority confirmed that return tickets from Boston to the Gillette Stadium in Foxborough, Massachusetts would cost $80 – up from the usual event-day price of $20. “It’s a disgrace. In recent tournaments, transportation was either included in the ticket price or offered at a heavily discounted rate for ticket holders,” said Guillaume Aupretre, a spokesman for France’s main supporters’ group. He accused world football’s governing body FIFA of shutting out “the most loyal supporters in favour of the wealthy”. France will play all three of its Group I matches in Boston and New Jersey. New Jersey Governor Mikie Sherrill blamed FIFA for the price hikes, citing a $48m bill the state faces to ensure fan safety at the eight games at the MetLife Stadium. “I won’t stick New Jersey commuters for that tab for years to come, that’s not fair,” Sherrill wrote on social media, adding that FIFA stood to make $11bn at the World Cup. FIFA issued a strongly-worded statement criticising the transport price hike, stating that the original host city agreements “required free transportation for fans to all matches”. A re-negotiation stipulated that transport would be offered “at cost” on match days. “We are quite surprised by the NJ Governor’s approach on fan transportation,” FIFA said.
#fifa #world #cup
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Sports Apr 17, 2026

Ex-NBA Player Damon Jones to Plead Guilty in Landmark US Gambling Case

Former NBA player and assistant coach Damon Jones is set to become the first person to plead guilty…
Former NBA player and assistant coach Damon Jones is expected to plead guilty in a landmark US gambling case, marking a significant development in a sweeping investigation that has led to the arrests of over 30 individuals, including reputed mobsters and other basketball figures.A change-of-plea hearing for Jones is scheduled for April 28 in Brooklyn federal court. He faces charges of wire fraud conspiracy and money-laundering conspiracy related to two separate indictments. The first indictment accuses him of profiting from rigged poker games, while the second charges him with providing sports bettors with non-public information about injuries to NBA stars LeBron James and Anthony Davis.Jones, 49, had previously pleaded not guilty to the charges. He was arrested last October alongside Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier, among others. According to prosecutors, Jones sold or attempted to sell non-public information to bettors, including a tip that James was injured and wouldn’t play in a February 9, 2023, game against the Milwaukee Bucks. He also allegedly received $2,500 for a tip that Davis would see limited playing time against the Oklahoma City Thunder.In the poker scheme, Jones was among former NBA players used to lure unwitting players into rigged poker games. He was paid $2,500 for a game in the Hamptons where he was instructed to cheat. The poker scheme often made use of illegal poker games run by New York crime families that required them to share a portion of their proceeds with the Gambino, Genovese, and Bonnano crime families.Jones, who earned more than $20m playing for 10 teams in 11 seasons from 1999 to 2009, is a native of Galveston, Texas. He played alongside James in Cleveland from 2005 to 2008 and served as an unofficial assistant coach for James’s Los Angeles Lakers during the 2022-2023 season.
#jones #prosecutors #james
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Politics Apr 16, 2026

Israel-Lebanon Talks: A Path to Ceasefire?

US President Donald Trump announced that Israeli and Lebanese leaders will speak for the first time…
The United States is pushing for de-escalation in the region, with President Donald Trump announcing that Israeli and Lebanese leaders will speak for the first time in 34 years. This development has raised cautious hopes for a diplomatic solution to the fighting that has continued for more than six weeks.The conflict has resulted in over 2,000 people killed and more than 1 million displaced across Lebanon. Israel's military operations in Lebanon and its invasion of the country's south have intensified, with Hezbollah entering the war by launching rockets, missiles, and drones towards a missile defense site near Haifa in northern Israel.Iran's speaker of parliament, Mohammad Bagher Ghalibaf, told his Lebanese counterpart, Nabih Berri, in a phone conversation that a ceasefire in Lebanon is vital. Ghalibaf led the Iranian delegation at the first round of US-Iran talks in Pakistan last week, which ended without a deal.The prospective talks between Israel and Lebanon follow a rare direct engagement between the two countries' US ambassadors in Washington on Tuesday – also their first such direct contact in decades. However, with both sides maintaining starkly different objectives, and the Lebanon front closely tied to broader negotiations involving Iran, it remains unclear whether the talks can produce tangible results.Analysts say that even if a phone call were to take place between Israel's Netanyahu and his Lebanese counterpart, it would be “mostly symbolic rather than substantive”. Lebanon wants a ceasefire as a priority to enter into negotiations whose aim would be to liberate lands currently occupied by Israel.A key demand from Iran in its dialogue with the US is that Israel end its offensive against Hezbollah in Lebanon. Hezbollah is Tehran's most powerful regional ally and a central part of the “axis of resistance”, a network of armed groups across the Middle East aligned with Iran against Israel.
#Donald Trump #Israel #Lebanon
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News Apr 16, 2026

Switzerland Facilitates DRC‑M23 Talks Resulting in Interim Peace‑Monitoring Mechanism Amid Escalating Humanitarian Crisis

In Geneva, the DRC government and the M23 rebel coalition signed an interim peace‑monitoring agreem…
The Democratic Republic of the Congo and the M23 rebel coalition commenced a new round of negotiations in Switzerland on Monday, with mediation provided by the United States and Qatar. The talks aim to halt the persistent violence that has continued despite a December peace accord signed in Washington.During the Geneva session, both parties signed an interim peace‑monitoring mechanism, according to Radio France Internationale. The framework creates a joint body tasked with tracking humanitarian and security developments and flagging any ceasefire violations. Representatives from the DRC government, the M23 coalition, and the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo (MONUSCO) will staff the mechanism.Al Jazeera correspondent Alain Uaykani, reporting from Goma, described the situation on the ground as "very fragile," with each side accusing the other of breaching previous truces. He highlighted the town of Minembwe in South Kivu, where thousands of civilians are caught in crossfire between rival armed groups.Local residents hope that mediators will press both sides to honor the newly‑established monitoring body, after a series of failed agreements. The conflict has intensified since early 2025, when the M23 seized large territories, including the provincial capitals Goma and Bukavu.In December, Congolese President Felix Tshisekedi and Rwandan President Paul Kagame signed a "historic" peace and economic agreement in Washington, a move that was widely criticized as overlooking Rwanda's alleged support for the M23 rebels. Separate Qatar‑mediated talks have also taken place, yet clashes resumed almost immediately after the December deal.Human Rights Watch issued a statement on Tuesday condemning both parties for obstructing aid deliveries and preventing civilians from fleeing the highlands of South Kivu. Clementine de Montjoye, senior Great Lakes researcher at the organization, warned that the region faces a "dire humanitarian crisis" and that the conflict remains "vastly under‑reported."The newly‑formed monitoring mechanism, supported by MONUSCO, represents the latest diplomatic effort to stabilize eastern Congo and protect vulnerable populations, even as fighting continues to flare in the highland areas of South Kivu.
#switzerland #monusco #qatar
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Politics Apr 16, 2026

US Military Conducts Deadly Strike on Suspected Narco-Trafficking Vessel in Eastern Pacific

The US military has carried out another strike on a vessel suspected of narco-trafficking in the Ea…
The United States military has announced that it has attacked a new vessel in the Eastern Pacific, killing three people it accuses of “narco-trafficking”. This latest strike is part of a pattern of dozens of similar operations carried out by the US military in recent months.According to US Southern Command, the targeted vessel was operated by unnamed “Designated Terrorist Organizations” that were “transiting along known narco-trafficking routes” in the region. The military shared a video of an air strike that appeared to tear into the vessel, which burst into flames.The US military stated that none of its forces were harmed in the operation. This incident comes a day after another US military strike in the eastern Pacific killed four people, and a separate strike on Monday in the region resulted in two fatalities.In total, US attacks on vessels accused of narco-trafficking have killed at least 178 people since September, when US President Donald Trump ordered the attacks to stop what the White House claims are Latin American cartels transporting drugs to the US.Critics have questioned the legality of the strikes, with some arguing that they have targeted civilian fishing boats. Human Rights Watch has described the strikes as “unlawful extrajudicial killings”, while the American Civil Liberties Union has cast the assertions by the Trump administration against those it targets as “unsubstantiated, fear-mongering claims”.Legal experts argue that if some vessels were involved in drug trafficking, those on board should face the law, rather than deadly attacks. Sarah Yager, Washington director at Human Rights Watch, stated that “US officials cannot summarily kill people they accuse of smuggling drugs”.Critics have also questioned the effectiveness of the US military operation, particularly since the fentanyl behind many fatal overdoses in the US is typically trafficked over land from Mexico, where it is produced with chemicals imported from China and India.
#US Navy #Drug Enforcement Administration #Narco-trafficking
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Video Apr 16, 2026

Pakistan Anticipates Significant Shift Linked to Iran's Nuclear Ambitions

Pakistan signals expectation of a major development connected to Iran's nuclear program, hinting at…
Pakistan has publicly indicated that it foresees a major breakthrough that is directly tied to the progress of Iran's nuclear programme. While details remain scarce, the statement underscores the strategic importance Islamabad places on developments in Tehran's nuclear trajectory. The anticipation of such a breakthrough suggests that Pakistan may be preparing for shifts in regional diplomatic dynamics, security calculations, or economic considerations that could arise from changes in Iran's nuclear status. Analysts note that any substantive movement in Iran's nuclear capabilities could reverberate across South Asia, influencing not only bilateral relations between Islamabad and Tehran but also broader geopolitical alignments in the Middle East and beyond.
#pakistan #expecting #major
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News Apr 16, 2026

Peru's Presidential Election Results Delayed Amid Rising Frustration and Fraud Claims

Peru's presidential election results are delayed, sparking frustration and claims of fraud among ca…
Peru's general election has entered its third day without a clear outcome, leaving voters increasingly frustrated and skeptical about the legitimacy of the results. The closely watched presidential race has seen leftist candidate Roberto Sanchez move into second place as the vote count continues.The delayed results have fueled concerns about the country's ability to conduct a free and fair election. Keiko Fujimori is leading with 17 percent of the vote, but the second spot remains undecided, with Sanchez holding 12.04 percent and Rafael Lopez Aliaga close behind with 11.9 percent.The confusion over the voting process and its results has spiked public skepticism, with many voters expressing frustration and disappointment. Candidates, including Lopez Aliaga, have suggested that they will not accept the results as legitimate, citing concerns about electoral fraud.Observers have cautioned against unsubstantiated claims of fraud, stating that there is no firm evidence of foul play. However, the European Union Election Observation Mission to Peru has noted that there have been serious problems with the electoral process.The delayed results have also highlighted growing rates of disillusionment among Peruvians about the state of the country's democracy. A recent poll found that about 84 percent of respondents were unsatisfied or very unsatisfied with how democracy was functioning in Peru.The country's political instability has been a major concern, with Peru shifting through nine presidents in just 10 years. The situation has been further complicated by rising concern about issues such as crime and corruption, which have been cited as major concerns by voters.
#election #peru #percent
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