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Business Apr 08, 2026

Shell Sees Soaring Oil Trading Profits Amid Iran Crisis, But Qatar Strikes Hit Gas Output

Shell expects significantly higher profits from its commodity trading desks in Q1 due to market vol…
Shell is poised to report a substantial increase in profits from its commodity trading activities in the first quarter, driven by recent market volatility sparked by the Iran crisis. The energy giant's chemicals and products unit, which encompasses its primary oil trading desk, is expected to see a significant boost in trading results.The company's trading windfall is particularly notable in its renewable energy division, with predicted earnings ranging from $200m to $700m in the first quarter, up from approximately $100m in the previous quarter. This surge is attributed to the historic price rises in oil and gas markets following Iran's retaliation to US-Israeli aggression, which included throttling energy trade through the Strait of Hormuz and launching strikes against key energy infrastructure in the Gulf region.However, Shell's gas production is expected to decline by about 5% to between 880,000 and 920,000 barrels of oil equivalent per day, compared to 948,000 in the fourth quarter, due to the impact of the Middle East conflict on its assets in Qatar. A strike damaged Shell's assets at the Ras Laffan liquified natural gas (LNG) complex in Qatar, contributing to the expected decline.Despite these challenges, Shell's boss, Wael Sawan, has warned that Europe could face an energy and fuel shortage in April without a reopening of the Strait of Hormuz. The company is working with governments to address the oil and gas supply crisis, which has already led to energy rationing in some Asian countries.
#Shell #Iran crisis #Qatar strikes
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Environment Apr 08, 2026

Reflections on Protest and Parenting Amidst Nature's Beauty

The article reflects on memories of the Newbury bypass protests and parenting while exploring a nat…
Thirty years after the passionate road protests against the Newbury bypass, the elevated road now looms large, a constant reminder of the environmental costs of progress. For the author, who was part of the campaign, the Newbury bypass remains a sore point, even today.On a walk in The Chase, a nature reserve adjacent to the bypass, the author is accompanied by their friend Sarah, a 'cow watcher' for the National Trust. Their mission is to check on the wellbeing of conservation grazers – Shetland cows with upswept horns – which play a crucial role in maintaining biodiversity and plant life.The reserve, once common land with a rich history dating back to 1819, has been a playground for the author and Sarah. They recall devastating sewage spills that killed local wildlife and the great storms of 1987 and 1990 that left trees like 'spilled pencils.'As they wade across a stream to find the cows grazing among wild daffodils and golden saxifrages, memories of their children come flooding back – 'welly walks' with grandparents, watching great spotted woodpecker chicks fledge, and following silver-washed fritillary butterflies.Their walk complete, they meet at a garden centre cafe, where the author, aided by 'brain fog,' mistakenly heads to the pub first. The zigzag patterns of peaty-black mud from Sarah's boots across the polished floor serve as a humorous reminder of their conservation work and shared experiences.
#sarah #cows #across
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World Apr 08, 2026

Iran's 10-Point Ceasefire Plan: Key Demands and US Response

Iran has proposed a 10-point ceasefire plan to the US, which includes lifting sanctions, withdrawin…
The US and Iran have agreed to a two-week ceasefire, with Tehran temporarily reopening the Strait of Hormuz. Israel has also agreed to the ceasefire. The plan, submitted via Pakistani intermediaries, includes 10 key demands, such as:The lifting of all primary and secondary sanctions on Iran.Continued Iranian control over the Strait of Hormuz.US military withdrawal from the Middle East.An end to attacks on Iran and its allies.The release of frozen Iranian assets.A UN security council resolution making any deal binding.The Iranian foreign minister stated that safe passage through the strait would be allowed under Iranian military management, with Iran and Oman charging fees on ships transiting through the strait. The US has yet to publicly state if it will attend negotiations in Islamabad on Friday.Key concerns include Iran's control over the Strait of Hormuz, which could have significant implications for global oil supplies and regional stability. The US is unlikely to agree to Iran's maximalist demands, but they may form the basis for talks.The ceasefire comes as Trump's approval ratings have hit their lowest level ever, with sizeable majorities of Americans opposed to the war and frustrated by the rising cost of petrol.
#iran #strait #ceasefire
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Politics Apr 08, 2026

Hundreds in Ghana Town Face Stateless Future in Gambia

Hundreds of residents in Ghana Town, Gambia, face a stateless future due to lack of official docume…
In the small fishing village of Ghana Town, along The Gambia's Atlantic coast, hundreds of residents are trapped in a legal grey zone, lacking citizenship, passports, and national identification. The town was founded in the late 1950s by 10 Ghanaian fishermen, and over the years, their families have grown, but most descendants remain undocumented.According to Gambian law, a person born to non-Gambian parents is not recognized as a citizen, even if born in the country. About 850 of the town's 900 residents lack citizenship, making it difficult for them to access basic services like education, healthcare, and formal employment.Marie Mensah, a 30-year-old resident, faces significant challenges in obtaining documentation for her children, who attend a fee-paying private school due to the lack of national identity documents. Without official papers, residents are excluded from formal sectors and face difficulties in building a stable future.The situation has led to some residents being forced to send their families abroad in search of a better future. Emmanuel Dadson, a 36-year-old teacher, sent his wife and children to Ghana, where they may be able to obtain citizenship. The lack of documentation has also interrupted dreams and future plans, with some residents, like Joseph Oddoh, being unable to pursue higher education or travel abroad.Human rights experts and community leaders call for reforms to address the issue of statelessness in Gambia, including guaranteed nationality for children who would otherwise be stateless and stronger birth registration processes. The Gambia Commission for Refugees has promised to regularize the residents' status, but progress has been slow due to limited funding.
#Ghana Town #Gambia #Statelessness
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Politics Apr 08, 2026

Iran's 10-Point Peace Plan: A Significant Step or Not Good Enough?

Iran has proposed a 10-point peace plan to end the war with the US and Israel, but US President Don…
Iran has put forth a 10-point peace plan aimed at ending the ongoing conflict with the United States and Israel. The plan, conveyed through Pakistan, includes key elements such as an end to hostilities in the region, a protocol for safe passage through the Strait of Hormuz, and the lifting of sanctions imposed on Iran.US President Donald Trump described the Iranian proposal as a 'significant step' but emphasized that it was 'not good enough'. He warned that if Iran does not agree to a deal, it will face severe consequences, including the destruction of its bridges and power plants. 'If they don't make a deal, they will have no bridges and no power plants,' Trump stated.The conflict, now in its second month, has led to a significant escalation of violence, with 1.2 million Lebanese people displaced due to Israeli attacks. Iran's top university and a major petrochemical plant were hit on Monday, following Trump's threat to target power plants and bridges unless Tehran agrees to end the war and open the Strait of Hormuz, a critical passage through which 20 percent of the world's oil and gas supplies pass.Human rights organizations and members of the US Congress have criticized Trump for threatening to attack civilian targets, which is considered a war crime. The situation remains dire as the deadline set by Trump for Iran to open the Strait of Hormuz approaches, with Tehran rejecting the ultimatum and threatening to retaliate.
#Iran #United States #Israel
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Sports Apr 08, 2026

Los Angeles stadium union urges FIFA to bar ICE and threatens strike before World Cup kickoff

Around 2,000 food‑service workers at Los Angeles Stadium, represented by Unite Here Local 11, have …
A union representing roughly 2,000 food‑service employees at Los Angeles Stadium has formally appealed to FIFA to ensure that U.S. Immigration and Customs Enforcement (ICE) stays away from World Cup activities in the city. Unite Here Local 11, which covers cooks, servers and bartenders at the Inglewood venue, warned that a strike could become imminent if its concerns are ignored. The union highlighted that its members are still without a labor contract as the tournament approaches, and outlined three core demands for FIFA and stadium owner Kroenke Sports & Entertainment: A public pledge that ICE and Border Patrol will have no role in any World Cup‑related operations. Guarantees protecting union jobs, working conditions, and a ban on the use of artificial intelligence or automation that could displace workers. Support for a workforce‑housing fund, stricter short‑term‑rental rules, and tax measures aimed at financing affordable housing and protecting immigrant families. ICE Acting Director Todd Lyons has indicated that the agency would play a “key part” in the event, a prospect the union says threatens the safety of both workers and visitors in Los Angeles. “FIFA and its corporate sponsors will pocket billions from Los Angeles while refusing to even acknowledge the cooks, servers, and stand attendants who make this event possible,” said Kurt Petersen, co‑president of Local 11 in a statement. Local 11 also noted that it has repeatedly sought meetings with FIFA since the city was awarded hosting duties, but its requests have been ignored. The venue, known globally as SoFi Stadium, has been temporarily rebranded as Los Angeles Stadium for the World Cup due to sponsor conflicts. The stadium is slated to host eight matches, with the opening game – the United States versus Paraguay – scheduled for June 12. The union’s broader housing demands reflect rising living‑cost pressures in Inglewood and the surrounding Los Angeles area, underscoring the intersection of labor rights, immigration policy, and urban affordability ahead of the global tournament.
#FIFA #Unite Here Local 11 #ICE
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World Economy Apr 08, 2026

Egypt Cuts Fuel Consumption Amid Global Energy Crisis

Egypt implements measures to save fuel amid a global energy crisis triggered by the US-Israel war o…
The ongoing conflict between the US, Israel, and Iran has led to a significant disruption in global fuel supplies, causing a surge in energy prices. The Strait of Hormuz blockade and air strikes on key energy facilities in the Gulf have resulted in a nearly complete halt to shipping through the strait, which is a critical route for oil and liquefied natural gas (LNG) exports. Egypt's government has announced several measures to mitigate the impact of the crisis on its energy resources. These include reducing fuel allocations for government vehicles by 30 percent, cutting street lighting and advertisement lighting by 50 percent, and implementing 9pm shutdowns for shops, malls, and restaurants from March 28, except on Thursdays and Fridays. Additionally, eligible employees will work remotely on Sundays starting April 1, with some essential services exempted from this policy. The country's energy import bill has increased from $1.2bn in January to $2.5bn in March, putting pressure on Egypt's economy, which is already heavily indebted. The government has also raised fuel prices by 14-30 percent to manage demand and conserve state energy resources. Other countries are also taking steps to conserve energy. Malaysia has ordered civil servants to work from home, while Pakistan has imposed restrictions on market and shopping mall operating hours. Bangladesh has reduced working hours for government and private workers, and Sri Lanka and Slovenia have introduced fuel rationing and purchase limits to manage shortages and soaring costs.
#energy #egypt #oil
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Politics Apr 08, 2026

Oman‑mediated deal frees French detainees from Iran, signalling diplomatic thaw

Two French nationals released after three and a half years in Iran are returning home following Oma…
Cecile Kohler and Jacques Paris are set to board a flight back to France after three and a half years of detention in Iran, President Emmanuel Macron announced on X on Tuesday. The release was secured through diplomatic talks led by Oman, which acted as a neutral intermediary. “Cecile Kohler and Jacques Paris are free and on their way back to France, after three and a half years of detention in Iran. This is a relief for all of us and, of course, for their families,” Macron wrote. The Iranian decision arrives amid an apparent thaw in relations between Paris and Tehran, as France has openly criticized the war waged by the United States and Israel against Iran. The duo were arrested in 2022 on accusations of spying for France and Israel – charges that the French government repeatedly called unfounded. After being freed from the notorious Evin Prison in November 2025, they remained under the protection of the French embassy. French Foreign Minister Jean‑Noël Barrot said the couple expressed great joy at the prospect of returning home. He confirmed that he had spoken with them and that discussions with his Iranian counterpart, Abbas Araqchi, helped pave the way for their departure. French lawmakers responded to the news with a standing ovation in the National Assembly. The case is part of a broader pattern, described by activists and several Western governments as Iran’s strategy of “hostage‑taking” to extract political concessions from Europe. Iran’s state news agency IRNA confirmed the release, noting it stemmed from an understanding that France would, in return, free Mahdieh Esfandiari, an Iranian student detained in Lyon, and withdraw a complaint lodged against Iran at the International Court of Justice. These diplomatic moves occur against a backdrop of heightened tensions in the region. France has emerged as a vocal critic of the United States‑Israel campaign against Iran, and earlier this week a vessel owned by French shipping giant CMA CGM became the first Western ship to navigate the contested Strait of Hormuz. The strait’s blockage has contributed to a global energy crisis, prompting U.S. President Donald Trump to issue stark threats of further escalation. While the immediate outcome is the safe return of two French citizens, the exchange underscores the delicate balance of diplomatic leverage, humanitarian concerns, and strategic interests shaping France‑Iran relations today.
#France #Iran #Oman
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Business Apr 07, 2026

Last 4 Days to Save Up to $482 on TechCrunch Disrupt 2026 Passes

Only four days remain to lock in a discount of up to $482 on TechCrunch Disrupt 2026 passes before …
Time‑Sensitive OfferThe discount window closes on April 10 at 11:59 p.m. PT. Early registrants can save up to $482 per pass, and groups can claim an additional 30% off bundle passes. If the standard pass price is $1,200 (typical for prior years), the $482 reduction equates to roughly a 40% discount, a significant cost saving for startups and investors alike.Event OverviewDates: October 13–15, 2026 (core conference) with side events October 11–17.Location: Moscone West, San Francisco.Attendance: 10,000+ founders, tech leaders and VCs.2025 Highlights: 20,000+ curated meetings, 10,000+ Expo Hall attendees.Key OpportunitiesStartup Battlefield 200: 200 selected early‑stage startups compete for $100,000 equity‑free funding and direct access to tier‑one VCs.Sector Tracks: AI, scaling, fintech, climate and more, delivering 200+ on‑stage conversations.Exhibitor Showcase: Over 300 startup exhibitors in the Expo Hall, providing high‑traffic exposure.Networking Tech: New targeted matchmaking tools to improve connection efficiency.Financial Impact of Early RegistrationAssuming a baseline pass price of $1,200, the $482 early‑bird discount reduces the cost to $718, freeing capital that can be redirected to product development or runway extension. For a team of five, the collective saving reaches $2,410, enough to cover a modest marketing campaign or a short‑term hiring boost.Action StepsRegister before the deadline to lock in the lowest rate of the year.Consider bundle passes for teams to capture the additional 30% group discount.Apply for Startup Battlefield 200 or nominate a peer startup.
#TechCrunch Disrupt #Startup Battlefield #AI
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