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The recent ceasefire between the United States, Israel, and Iran has brought a fragile calm to the region, but experts warn that energy prices may take months to normalize. The conflict had a significant impact on global oil and gas supplies, particularly through the Strait of Hormuz, a critical waterway through which 20% of the world's oil and gas exports pass.Iran's response to US-Israeli attacks included choking off the Strait of Hormuz and attacking energy infrastructure in several Gulf countries. This led to soaring prices for energy and byproducts like helium, as well as fertilizers that rely on these inputs, affecting sowing seasons and consumers worldwide, especially in developing countries.Experts stress that a predictable and stable flow of cargo through the strait is needed before markets can stabilize. Currently, only a trickle of vessels are passing through, with five vessels crossing on Wednesday and seven on Thursday, down from 120-140 ships per day before the conflict.Rockford Weitz, a professor at The Fletcher School at Tufts University, described the situation as 'the biggest disruption in the history of global oil markets.' He emphasized that normalization will take time and requires collaboration among global powers and regional players.Additionally, concerns remain about Iran charging toll fees and skyrocketing insurance fees, which could keep oil prices high. However, experts agree that these fees are not the primary cost drivers.The International Monetary Fund (IMF) has warned of a looming inflation crisis and plans to downgrade its forecast for the world economy. Kristalina Georgieva, IMF managing director, stated that growth will be slower, even if the new peace is durable.For now, oil prices are expected to remain higher than pre-war levels due to the overhang of greater risk premium of supplies out of the Gulf. The situation remains uncertain, with experts closely watching for any side deals, such as a potential agreement between Iraq and Iran, which could impact oil production and prices.

British authorities have taken a significant step in addressing the tragic loss of life during a recent Channel crossing attempt. A 27-year-old Sudanese man was arrested on suspicion of endangering another person after four individuals lost their lives while trying to cross the English Channel from France.The National Crime Agency (NCA) reported that the suspect was detained at a migrant processing centre in Manston, southern England. The arrest was made under the Border Security, Asylum and Immigration Act, specifically for endangering another during a journey by sea to the UK.The incident occurred when two men and two women were swept away by strong currents while attempting to board a small boat off the coast of Saint-Etienne-au-Mont, near Calais in northern France. This tragic event follows a similar incident last week where two men, one Sudanese and the other Afghan, died trying to make the crossing.The NCA is conducting an investigation into the circumstances surrounding the deaths, working in conjunction with French prosecutors. 74 people were on board the boat, with 38 being returned to France. The agency's Deputy Director, Craig Turner, emphasized their commitment to identifying and bringing to justice those responsible for these tragic deaths.The UK government has vowed to continue preventing these perilous journeys and to bring those responsible to justice. Minister for Migration and Citizenship, Mike Tapp, highlighted the strengthened powers under the Border Security Act to disrupt and take down the operations of criminal smuggling gangs.

The Final Window for Disrupt 2026 RegistrationThe clock is ticking on the most significant opportunity for tech professionals to attend TechCrunch Disrupt 2026. With savings of up to $500 expiring at 11:59 p.m. PT tonight, the window to secure a pass is closing rapidly. This is the last chance to lock in a discounted rate for an event that promises to define the trajectory of the tech industry in 2026.San Francisco’s Moscone West: The Epicenter of InnovationTaking over San Francisco’s Moscone West from October 13–15, Disrupt 2026 is set to be a three-day powerhouse of industry activity. It is not merely a conference but a curated ecosystem designed for those actively building the future. The venue will host a tightly focused experience where the noise of the market is filtered out, leaving only the signal of genuine innovation.Why 10,000 Attendees and 300 Startups MatterThe scale of the event is a key differentiator. With 10,000 founders, VCs, and operators expected, the density of opportunity is unmatched. Furthermore, 300+ startups will showcase their innovations across the venue, while the Startup Battlefield 200 pitch competition offers a high-stakes environment for emerging unicorns. This concentration of talent creates a unique market dynamic where deals are not just discussed—they are executed.Curated Connections Over Passive AttendanceThe value proposition lies in the quality of interaction. Unlike generic trade shows, Disrupt focuses on intentional connections—facilitating direct dialogue between founders seeking capital and VCs hunting for the next big idea. It is a venue where operators exchange real-world lessons on scaling and shipping what’s next. For aspiring innovators, it provides a front-row seat to tomorrow’s technology.The Strategic Value of Early AccessAs the deadline approaches, the opportunity cost of missing this event increases. Securing a pass now ensures access to the same high-profile speakers and networking pool, but at a significantly reduced cost. For any professional looking to align their 2026 strategy with industry leaders, this is the critical moment to act and step into the conversations that move the business forward.

The 2026 NFL draft is shaping up to be an interesting one, with a mediocre quarterback class and a lack of standout players at skill positions. However, amidst the uncertainty, several under-the-radar prospects have emerged as potential game-changers. Cole Payton, QB, North Dakota State, is a one-year starter with impressive athleticism, but his throwing mechanics need refinement. He could be a late-round pick with potential as a developmental quarterback or a do-everything offensive weapon.Chris Bell, WR, Louisville, is a big, physical receiver who excels on short routes and has the ability to create after the catch. Despite concerns about his injury history and penalty issues, Bell has the talent to make an impact outside the top 50 picks.Max Iheanachor, OT, Arizona State, is a mammoth tackle with exceptional size, athleticism, and strength. Despite being a relative newcomer to football, Iheanachor has shown promise and could sneak into the first round if teams bet on his raw talent.Caleb Banks, DL, Florida, is a disruptive defensive lineman with a rare combination of size, speed, and power. However, his persistent foot injuries and relatively muted production raise concerns about his durability and potential impact.Uar Bernard, DL, NFL International Player Pathway Program, is a 21-year-old Nigerian prospect with extraordinary athleticism, but it's unclear if he can translate his skills to the football field. Teams will likely take a chance on him in the seventh round, given his roster exemption and potential for development.

European airports have issued an urgent warning that jet fuel shortages could materialise within the next three weeks if the Strait of Hormuz remains closed.Airports Council International (ACI) Europe addressed a letter to EU transport commissioner Apostolos Tzitzikostas, stating the bloc is only three weeks away from a systemic shortage.The threat is linked to the ongoing US‑Israel conflict with Iran, which has effectively shut the strait—a key shipping lane for Gulf oil exports—pushing Brent crude to around $96 per barrel, up from roughly $72 before the hostilities.ACI warned that without a stable resumption of traffic through Hormuz within three weeks, a “systemic jet fuel shortage is set to become a reality for the EU.”Jet‑fuel prices have more than doubled year‑on‑year, reaching $1,650 per tonne according to IATA data. Europe’s price surge stands at 138%, while Asia has seen a 163% increase.Ryanair chief Michael O’Leary highlighted that the United Kingdom, heavily dependent on Kuwaiti supplies, is the most vulnerable market in Europe.Shipping data from Vortexa shows the last Gulf‑origin jet fuel cargo for Europe is due in Copenhagen tomorrow, following a partial delivery to Rotterdam earlier this week. The final tanker bound for the UK arrived in Kent on Tuesday.More than 60% of Europe’s jet fuel traditionally comes from Gulf refineries, with over 40% shipped via the Hormuz corridor. The blockade forces European buyers into direct competition with Asian carriers for alternative cargoes.Australian investment bank Macquarie notes that jet fuel lacks the pipeline alternatives available to crude oil, making the market especially vulnerable. Even if shipments resume, the refined‑product market could take two to three months to normalise, lagging behind crude markets.Airlines have already begun trimming schedules and raising fares, a trend that will feed into broader inflationary pressures. A genuine shortage could force travelers and businesses to postpone trips and shipments, deepening economic damage.ACI called for proactive EU monitoring and action, warning that the peak summer travel season—critical to many economies—could be hit hard if fuel supplies falter.IATA director‑general Willie Walsh cautioned that even with the strait reopened, restoring adequate supply will take months due to disrupted refining capacity in the Middle East. IATA had previously projected a 4.9% year‑on‑year growth in passenger traffic for 2026.

The International Monetary Fund has cautioned that the US‑Israel war on Iran could ignite a new wave of global inflation, jeopardising the outlook for world growth even if the current cease‑fire endures. IMF Managing Director Kristalina Georgieva announced on Thursday that the Fund will lower its growth projection for the global economy at next week’s IMF‑World Bank Spring Meetings, stating that the conflict has turned a potential upgrade into a growth downgrade. Earlier this year the IMF had lifted its forecast to 3.3 % growth for the 191‑member economies. That optimism evaporated after the war erupted on 28 February, driving up oil and natural‑gas prices, damaging energy infrastructure such as refineries and tanker terminals, and disrupting fertilizer shipments essential for global agriculture. Georgieva warned that the conflict is eroding business and consumer confidence and urged member nations to “get your house in order” as heightened defence spending adds further strain to the world economy. She also expressed confidence that the IMF will secure U.S. congressional approval this year for a 50 % increase in quota‑based lending resources, unlocking more of its roughly $1 trillion lending capacity. The United States, the Fund’s largest shareholder, would thereby provide crucial financial reassurance amid uncertain future developments. In a newly released report, the IMF estimated that countries directly involved in armed conflict typically see output fall by about 3 % at the outset, accumulating to roughly 7 % losses over five years. However, the study noted that economies like the United States may avoid severe economic damage because the fighting does not physically affect their own territory. Central banks are also on alert. Georgieva emphasized that “the central bank cannot afford to let inflation spiral out of control,” a statement that precedes the U.S. Federal Reserve’s two‑day policy meeting scheduled for 28–29 April, where interest‑rate decisions will be made amid political pressure from President Trump to lower rates. Other monetary authorities, including the Bank of Mexico, warned that the Middle‑East turmoil could push inflation higher in Latin America’s second‑largest economy, underscoring the broader spill‑over risks of the conflict.

The piece analyzes the ripple effects of the US‑Israel war on Iran's economy, noting that heightened geopolitical tensions have led to increased sanctions and disrupted traditional trade routes. Analysts point to a growing strain on Iran's financial sector as regional instability hampers investment and complicates access to international markets. While specific figures are not disclosed, the article underscores that the economic fallout extends beyond immediate conflict zones, affecting broader Middle‑East fiscal stability.

The escalating tensions in Iran have significant implications for global supply chains, which are still reeling from the impact of the conflict. The country's strategic location and critical infrastructure make it a crucial hub for international trade. As the situation continues to unfold, experts are closely monitoring the potential disruptions to global supply chains. Any prolonged conflict could lead to increased costs, delays, and uncertainty for businesses and consumers alike. The impact on global trade is a pressing concern, with Iran playing a vital role in the global economy. The country's significant oil reserves and key transportation routes make it an essential player in the international trade landscape. As the international community watches with bated breath, one thing is clear: the resilience of global supply chains will be put to the test. The ability of these chains to recover and adapt to the challenges posed by the conflict will be crucial in determining the future of international trade.

The piece titled The war on Iran: Nobody won, everyone paid examines the aftermath of the recent hostilities involving Iran. It argues that the conflict failed to deliver a decisive victory for any side, while inflicting widespread losses that reverberated throughout the Middle East.By highlighting the shared burdens—ranging from disrupted trade routes to strained diplomatic ties—the analysis underscores how the war deepened regional instability rather than resolving underlying tensions.In sum, the article portrays the Iran war as a costly stalemate, reminding policymakers that the true price of conflict is borne by all parties involved.