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Economy Apr 05, 2026

OPEC+ Announces Modest Output Rise as Hormuz Blockade Keeps Oil Market on Edge

Eight OPEC+ members approved a 206,000‑barrel‑per‑day increase in May production despite the ongoin…
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.
#OPEC+ #Saudi Arabia #Russia
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Sports Apr 05, 2026

Iran Threatens World Cup Withdrawal Unless FIFA Moves Matches Out of the United States

Iran’s sports minister says the national team will only travel to the 2026 World Cup if FIFA reloca…
Iran’s sports minister, Ahmad Donyamali, warned on Sunday that his country’s participation in the 2026 World Cup remains doubtful unless FIFA agrees to shift Iran’s group‑stage fixtures from the United States to Mexico. The Iranian Football Federation (IFF) formally asked the global governing body to relocate the matches, but, according to Donyamali, it has yet to receive a definitive response. “If our request is accepted, Iran’s participation will be certain,” Donyamali told Turkey’s Anadolu news agency, underscoring the link between venue security and the team’s willingness to travel. The request comes amid heightened tensions after Israel and the United States launched attacks on Iran on February 28, sparking a broader regional conflict. Tehran retaliated with missile and drone strikes targeting Israeli sites, U.S. bases in the Middle East, and Gulf infrastructure. Iran, the first Asian nation to qualify for the tournament, is slated to play all three group matches on the U.S. West Coast – Los Angeles on June 16, Belgium in Los Angeles on June 22, and Seattle on June 26. Former President Donald Trump recently said Iran was “welcome” in the United States but added that he doubted the venue was “appropriate for their own life and safety.” In response, the Iranian team posted on social media that “no one can exclude Iran’s national team from the World Cup.” Iranian football chief Mehdi Taj echoed the sentiment, stating, “When Trump explicitly says he cannot guarantee our security, we will not travel to America.” Taj confirmed ongoing negotiations with FIFA to move the games to Mexico. FIFA, however, rejected the relocation request, reaffirming that the schedule announced last year will stand. President Gianni Infantino told IFF Vice President Mehdi Mohammad Nabi that “the matches will be played where they are supposed to be, according to the draw.” Despite the diplomatic deadlock, Donyamali affirmed that Iran’s players continue training and will be ready for the tournament, provided that adequate security guarantees are secured from the host nations. “Under these circumstances, the possibility of Iran playing in the United States is very low; if the necessary security assurances are given, our government will make the final decision,” Donyamali said, adding that former President Trump’s remarks were “morally and ethically unbalanced.” The World Cup kicks off on June 11 in Mexico, with the opening matches in the United States and Canada following on June 12. The final is set for July 19 in East Rutherford, New Jersey.
#iran #fifa #mexico
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Politics Apr 05, 2026

Repeated Strikes on Iran’s Bushehr Reactor Heighten Threat of Gulf‑wide Radioactive Disaster

Iran’s sole nuclear power plant, Bushehr, has suffered four attacks since the Israel‑US war began, …
Iran’s only operational nuclear power station, the Bushehr plant, has endured a series of assaults amid the escalating Israel‑United States campaign against Tehran, sparking alarm over a possible regional nuclear incident.The most recent strike on Saturday resulted in the death of a security guard and damage to an auxiliary building, according to the state‑run Atomic Energy Organisation of Iran (AEOI).Foreign Minister Abbas Araghchi asserted that the facility has been "bombed" four times since the conflict erupted on 28 February, accusing the United States and Israel of a "lack of concern" for nuclear safety.Security analysts stress that any bombing of the reactor or its spent‑fuel pools would unleash the radioactive isotope Caesium‑137, a contaminant capable of traveling far via wind and water, rendering soil, food and drinking supplies hazardous for decades and increasing cancer risks for exposed populations.The Bushehr complex, built by Russia and completed in 2011, supplies roughly 1,000 MW to Iran’s grid. It is the Middle East’s first nuclear plant and is slated to host two additional reactors by 2029, with hundreds of Russian technicians on site.The International Atomic Energy Agency (IAEA) has repeatedly warned that a direct hit could trigger a “regional catastrophe.” Director‑General Rafael Grossi told the UN Security Council that striking the plant could cause a "very high release of radioactivity" and, if power to the cooling system were cut, could lead to a reactor melt. He called for "maximum restraint," noting that evacuation zones could extend several hundred kilometres, requiring iodine prophylaxis and food‑supply restrictions.Beyond terrestrial fallout, experts highlight the danger of contaminating the Gulf’s shallow waters. Radioactive pollution would devastate marine ecosystems and cripple desalination plants, which lack the technology to filter such material. Qatar’s prime minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, warned that a simulated Bushehr attack would render the sea "entirely contaminated" and leave the country without water within three days.International law explicitly forbids targeting civilian nuclear installations. Article 56 of Protocol I to the Geneva Conventions bars attacks on "works and installations containing dangerous forces," and the IAEA’s own guidelines prohibit indiscriminate strikes on reactors, fuel storage, or power supplies.Araghchi also criticized the muted Western response, contrasting it with the outcry over Ukraine’s Zaporizhzhia plant, which prompted emergency UN sessions, NATO warnings, and statements from the EU, UK and US. In the Bushehr case, the EU has remained silent, while Russia, which maintains a sizable staff at the site, issued a condemnation of the attacks.Historical precedents such as the 2011 Fukushima disaster and the 1986 Chernobyl explosion illustrate the long‑term human and environmental toll of nuclear accidents, underscoring why the safety of Bushehr is viewed as a matter of regional, not merely national, security.
#Bushehr Nuclear Power Plant #IAEA #Caesium-137
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Politics Apr 05, 2026

Zarif Unveils Comprehensive Peace Blueprint Amid Escalating Iran‑US‑Israel Conflict

Former Iranian foreign minister Mohammad Javad Zarif published a detailed roadmap in Foreign Affair…
Former Iranian Foreign Minister Mohammad Javad Zarif presented a comprehensive peace roadmap in Foreign Affairs on Friday, seeking to move beyond a temporary cease‑fire in the war that erupted on February 28 after coordinated US‑Israeli strikes on Iran. The plan urges Iran to place limits on its nuclear program under international monitoring, including a commitment to never pursue nuclear weapons and to blend its enriched uranium below 3.67 %. This would address the International Atomic Energy Agency’s estimate that Iran holds roughly 440 kg (970 lb) of uranium enriched to 60 %—a level close to the 90 % threshold needed for a bomb. Zarif also proposes a mutual non‑aggression pact with the United States, coupled with the immediate lifting of all US sanctions and United Nations Security Council resolutions against Tehran. To secure regional stability, he suggests forming a regional fuel‑enrichment consortium that would involve China, Russia and the United States alongside Iran and its Gulf neighbours, using West Asia’s sole enrichment facility. Additionally, a broader security framework could include Gulf states, UN Security Council powers and possibly Egypt, Pakistan and Turkey to guarantee freedom of navigation through the Strait of Hormuz, which Iran has largely blocked since the conflict began. Beyond security, Zarif calls for “mutually beneficial trade, economic and technological cooperation” between Iran and the United States, framing the roadmap as a “well‑timed off‑ramp” for President Donald Trump, who recently warned Iran it had 48 hours to negotiate a deal or face “all hell”. Gulf officials reacted sharply. UAE diplomatic adviser Anwar Gargash dismissed the proposal as ignoring Iran’s aggressive missile and drone attacks on Gulf infrastructure, calling the strategy “hubris & strategic failure.” Former Qatari Prime Minister Hamad bin Jassim Al Thani acknowledged the plan’s cleverness but warned that the war has “eroded the trust built over years” and increased regional danger. The United States has offered a 15‑point cease‑fire plan, while Pakistan, Turkey and Egypt continue to push for direct talks, yet no substantive progress has emerged. Should the roadmap gain traction, it could reopen the Strait of Hormuz—through which one‑fifth of global crude oil and natural gas normally flows—alleviate the economic shockwaves rippling through world markets, and reshape the geopolitical landscape of the Middle East.
#Mohammad Javad Zarif #Foreign Affairs #US‑Iran non‑aggression pact
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News Apr 05, 2026

Ukraine Strikes Russian Oil Infrastructure in Primorsk and Nizhny Novgorod

Ukrainian drones have struck Russia's Baltic Sea port of Primorsk and the NORSI oil refinery in the…
Ukrainian drones have launched targeted strikes on key Russian oil infrastructure, hitting the Baltic Sea port of Primorsk and the NORSI oil refinery in the central Nizhny Novgorod region. According to Ukrainian drone forces commander Robert Brovdi, these overnight attacks were confirmed by Russian officials on Sunday.In Primorsk, which serves as one of Russia's main oil exporting outlets, Governor Alexander Drozdenko of Russia's northwestern Leningrad region reported that a pipeline was damaged. He later updated that a fuel reservoir in the port area leaked when it was hit by shrapnel.The NORSI oil refinery, Russia's fourth largest, was also targeted. Governor Gleb Nikitin of Nizhny Novgorod stated that a fire broke out at the plant after two facilities were hit. The attack also resulted in damage to a power station and several houses, although there were no reported injuries.These strikes are part of Ukraine's strategy to disrupt Russia's oil infrastructure and reduce a key source of revenue funding Moscow's war efforts. At one point last month, about 40 percent of Russia's oil exporting capabilities were shut down due to these attacks and other disruptions.Diplomatic efforts to end the conflict have stalled, with high-level talks between the US, Russia, and Ukraine yielding no progress on critical issues like territorial concessions in eastern Ukraine.
#ukraine #russia #primorsk
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Politics Apr 05, 2026

Iranian Drone Strikes Cripple Kuwait’s Power and Desalination Facilities, Escalating Gulf Tensions

Iranian drones damaged two Kuwaiti power and water desalination plants and ignited a fire at an oil…
Iranian drone attacks on Sunday inflicted serious damage on two of Kuwait's power and water desalination plants and sparked a fire at the Shuwaikh Oil Sector Complex, though no injuries were reported.Fatima Abbas Johar Hayat, spokesperson for Kuwait’s Ministry of Electricity, Water and Renewable Energy, described the incident as “criminal aggression” that caused “serious material damage” and forced the shutdown of two electricity‑generating units.Al Jazeera’s Malika Traina highlighted the strategic importance of the facilities, noting that around 90 % of Kuwait’s drinking water is produced by these desalination plants, making the disruption a critical blow to the nation’s water security.The strikes come as Gulf states bear the brunt of Tehran’s retaliation to recent US and Israeli attacks on Iran. Kuwait and the United Arab Emirates have become the epicentre of these assaults, according to Al Jazeera’s Victoria Gatenby in Doha.Gatenby warned that if President Donald Trump and Israeli Prime Minister Benjamin Netanyahu follow through on threats to intensify pressure on Iran, Tehran may target similar civilian and energy infrastructure across the Gulf.Bahrain also suffered drone attacks, with its Gulf Petrochemical Industries Co reporting damage to several operational units and Bapco Energies confirming a hit on an oil storage tank. Both incidents caused fires that were quickly extinguished, and no casualties were reported.In Abu Dhabi, authorities responded to multiple fires at the Borouge petrochemical plant, attributing them to falling debris from an interception. Operations were suspended pending a damage assessment, but no injuries have been confirmed.Saudi Arabia announced the interception of missiles early Sunday, underscoring the heightened military alert across the region.Gatenby noted that while Iran claims it is only targeting US military assets, the pattern over the past five weeks shows a broader focus on civilian and critical energy infrastructure. Gulf nations have exercised “incredible restraint,” yet their leaders caution that patience is not unlimited and that Saudi Arabia is invoking its right to self‑defence under Article 51 of the UN Charter.The escalating series of attacks highlights the fragile security environment in the Gulf and raises concerns about the resilience of essential services such as power and water supply amid ongoing geopolitical tensions.
#Iran #Kuwait #drone strikes
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Video Apr 05, 2026

Israeli Military Dog Attacks Palestinian Man Inside Mosque, Sparking Outrage

Disturbing footage has emerged showing an Israeli military dog attacking a Palestinian man inside a…
Disturbing footage has emerged showing an Israeli military dog attacking a Palestinian man inside a mosque. The incident has sparked widespread concern and outrage over human rights violations and the conduct of Israeli military forces.The video, obtained from Al Jazeera, provides a harrowing glimpse into the incident, which has not been officially commented on by Israeli authorities. The lack of transparency and accountability in such cases often exacerbates tensions between Israel and Palestine.Human rights organizations have repeatedly criticized the Israeli military for its treatment of Palestinian civilians, citing numerous instances of excessive force and abuse. This latest incident is likely to fuel ongoing debates about military conduct and the need for greater oversight.
#footage #shows #israeli
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Sports Apr 05, 2026

Messi’s debut goal powers Inter Miami to a 2-2 draw as Nu Stadium opens

Inter Miami inaugurated its 26,000‑seat Nu Stadium with a 2‑2 MLS draw against Austin FC, highlight…
Inter Miami celebrated the launch of its brand‑new 26,000‑seat Nu Stadium on Saturday, but the opening ceremony quickly turned into a competitive showdown as the MLS champions were held to a 2‑2 draw by Austin FC.Co‑owner David Beckham addressed the crowd before kickoff, describing the stadium’s completion as “a dream come true” after more than a decade of searching for a permanent home.The pre‑match festivities featured a ribbon‑cutting ceremony with Beckham alongside billionaire managing owner Jorge Mas, setting an upbeat tone that Austin soon disrupted.Just six minutes into the game, Austin’s Guilherme Biro capitalised on a pass from Facundo Torres to give the visitors an early lead, shocking the home supporters.Inter Miami responded swiftly when right‑back Ian Fray surged down the flank and delivered a cross that found Lionel Messi, who headed the ball into the net for a rare headed goal and restored parity four minutes later.Miami dominated possession thereafter, creating several chances, including two close attempts by Mateo Silvetti, but Austin’s disciplined defence and quick counter‑attacks kept the score level.The visitors reclaimed the lead in the 53rd minute after Joseph Rosales stole the ball in Miami’s half, set up Myrto Uzuni, whose pass found substitute Jayden Nelson for a clinical finish.Needing a spark, coach Javier Mascherano introduced veteran striker Luis Suarez in the 73rd minute. Suarez seized the moment eight minutes later, tapping in from close range after a Messi corner was flicked on by German Berterame, leveling the match at 2‑2.Suarez appeared to have secured a dramatic winner when his follow‑up struck the woodwork and rebounded, but the goal was ruled out for off‑side, leaving the game dead‑locked as the final whistle blew.
#Lionel Messi #Inter Miami #Nu Stadium
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Gallery Apr 05, 2026

Massive Iraqi Demonstrations Decry US‑Israel Military Actions Against Iran

On April 5, 2026, tens of thousands of supporters of Shia leader Muqtada al‑Sadr gathered in Baghda…
Thousands of Muqtada al‑Sadr’s followers took to the streets of Baghdad and several other Iraqi cities on Saturday, staging one of the largest anti‑war rallies in recent memory. Demonstrators brandished Iraqi flags while chanting slogans such as “No, no to Israel” and “No, no to America,” signaling broad opposition to the escalating conflict. Iraq, already caught in a web of regional hostilities, has endured attacks aimed at both U.S. interests and pro‑Iranian groups within its borders. The protests underscore the country’s growing frustration at being drawn into a war it did not initiate. In the heart of Baghdad’s Tahrir Square, crowds—including women—filled the avenues, their voices amplified by a palpable sense of urgency. “What America and Israel are doing is not a conventional military operation but a senseless war,” declared Dhirgham Samir, a 40‑year‑old participant, speaking to AFP. Samir added that the demonstration represented a broader rejection of “aggression, arrogance and injustice” worldwide, emphasizing that civilians are the primary victims of this conflict. Since the war began, thousands of casualties have been reported across the region, a grim statistic that fuels public anger. Al‑Sadr himself called for peaceful rallies aimed at condemning what he described as “Zionist‑American aggression” and urging a return to regional stability. His appeal resonated with many, reflecting his deep-rooted influence among Iraq’s Shia majority. Protesters gathered beneath Baghdad’s Freedom Monument, a symbol of the nation’s independence, to denounce perceived foreign meddling. Muslim leader Ali al‑Fartousi told AFP, “Humanity must speak out against these forces; the world must unite against Zionist‑American arrogance.” Al‑Sadr commands a loyal base numbering in the millions and has repeatedly demonstrated an ability to mobilise large crowds. Though he has opposed various Iraqi governments over the years, his network extends into ministries and state institutions, amplifying the political weight of today’s demonstrations.
#war #iraq #against
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