US weighs strikes on Iran as talks stall
Markets spiked and oil topped $125 as the US weighs strikes on Iran amid stalled diplomacy, a closed Strait of Hormuz and a U.S. blockade of ports.
Latest in World
May Day 2026 looks at how AI and automation are shifting labour politics from wages and hours to job security, and what governments and unions may do next.
Markets spiked and oil topped $125 as the US weighs strikes on Iran amid stalled diplomacy, a closed Strait of Hormuz and a U.S. blockade of ports.
Pakistan's monthly oil import bill rose from about $300m to $800m, straining its balance of payments, pushing up transport and food prices and prompting a rate rise to 11.5%.
Unilever flags €750m-€900m added 2026 costs from the US-Israel-Iran conflict and will raise prices, mainly in home care in H2, to help protect margins.
ECB keeps deposit rate at 2% and warns the Iran war raises inflation risks and could slow growth; future policy will depend on incoming data and energy.
Prada Group reported 5.72 billion euros revenue in 2025, up 5%, led by Miu Miu's 35% retail gain. Net profit was 852 million euros. Adj op profit 1.32b.
Following a large offensive that seized towns across Mali, questions rise over Russia's security role after Africa Corps pulled fighters from Kidal amid the fighting.
Hezbollah is using fibre-optic tethered drones to evade jamming and radar, relaying live video for strikes and prompting Israel to seek countermeasures.
Elon Musk asked a court to redirect billions to OpenAI's non-profit arm and seek Sam Altman's removal, raising governance and funding questions for AI.
Analysts say Iran could fill its crude storage in 12-22 days if a US naval blockade of the Strait of Hormuz continues, tightening global oil flows.
Three rescue workers were killed in a reported double-tap strike in southern Lebanon, raising more concern as Israel and Hezbollah trade accusations.
Chainalysis reports crypto flows to sanctioned entities rose to $154bn in 2025, eroding US-led Iran sanctions as Tehran shifts to renminbi, Bitcoin, barter.
Amnesty International calls for an investigation into a US air strike in Yemen that killed 68 detainees at a migrant center, raising concerns over
About 40% of Iran’s pre-war drones and roughly 60% of its missile launchers remain, helping explain why the Iran war looks set to be prolonged and disruptive to shipping and energy.
Penny Wong visits Beijing to press China on energy security as global fuel markets strain amid the US‑Iran war, seeking to keep supplies flowing.
Human rights groups say Mauritania expelled about 28,000 migrants in early 2025 after an EU deal, prompting legal warnings and disrupting migration routes.
The IMF cut its 2026 global growth forecast to 3.1% and raised inflation to 4.4%. Rising Middle East energy prices will weigh on Spain and euro-area growth.
Friedrich Merz said the US has been 'humiliated' by the Iran conflict, warning Europe faces an exit dilemma and rising trade and energy costs for Europe.
April 16 ceasefire ties extensions to Lebanon’s territorial control; Washington talks with Israel will influence whether state authority is restored across Lebanon.
PSG v Bayern at Parc des Princes on Apr 28: both clubs have 38 Champions League goals. The tie decides a Budapest finalist; kickoff 21:00 local (19:00 GMT).
Real Madrid say Kylian Mbappé is doubtful for El Clasico after scans showed a left-thigh semitendinosus injury; no recovery timeline was given ahead of the World Cup.
Russia withdrew from Kidal after separatist attacks, reversing recent gains and leaving control contested, with regional security and humanitarian impacts.
Ibrahim Hassan says Mohamed Salah's hamstring tear needs about four weeks' treatment and will sideline him for Liverpool's remaining Premier League games.
Day 58: Ceasefire talks stalled after Trump cancelled an envoy trip; Iran rejects imposed talks and says the US must lift operational obstacles first.
Atef Najib appeared at a preparatory hearing in Damascus, accused over Deraa arrests in 2011 — the first public trial of an Assad official since the war.