Breaking AI & Tech News Analyzed

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.

The United States and Iran have agreed to a two-week conditional ceasefire, mediated by Pakistan, which includes the temporary reopening of the Strait of Hormuz. This development comes after a last-minute diplomatic intervention led by Pakistan's Prime Minister, Shehbaz Sharif, and a threatened US military response.US President Donald Trump had issued an ultimatum for Iran to surrender or face widespread destruction, but less than two hours before the self-imposed 8pm Eastern time deadline, he announced the ceasefire agreement. The agreement is conditional on Iran's complete, immediate, and safe opening of the Strait of Hormuz.The ceasefire process was clouded in uncertainty after Iran released two different versions of the 10-point plan intended to be the basis for negotiations. Oil prices dived, stocks surged, and the dollar was knocked back on Wednesday as a two-week Middle East ceasefire sparked a relief rally, fueled by hopes that oil and gas flows through the Strait of Hormuz could resume.Despite the provisional ceasefire, attacks continued across the region in the hours after Trump's announcement. The sudden about-face will allow Trump to step back as the US war in Iran has dragged on for five weeks with little sign that Tehran is ready to surrender or release its hold on the strait, a conduit for a fifth of the global energy supply.The agreement was welcomed by various countries, including Germany, Japan, and South Korea, who expressed hopes for a lasting ceasefire and peaceful resolution. However, some countries, such as Iraq and Australia, called for caution and noted that significant work remains to be done to secure a lasting ceasefire.

The looming conflict in Iran has raised concerns about the potential impact on global oil prices, which could have far-reaching consequences for Africa's economy. As a significant importer of oil, the continent is vulnerable to fluctuations in the global market. Rising oil prices could lead to increased inflation, reduced economic growth, and a decline in living standards for many Africans.Africa's economic resilience will be put to the test as the conflict in Iran threatens to disrupt global oil supplies. The continent's dependence on oil imports makes it particularly susceptible to price shocks. Countries with large oil imports, such as South Africa and Nigeria, will be among the hardest hit.The article highlights the need for Africa to diversify its economy and reduce its reliance on oil imports. Investing in renewable energy sources and developing domestic industries could help mitigate the impact of future oil shocks. However, the continent's ability to adapt to these changes remains uncertain.

Israel's latest invasion of Lebanon has resulted in a massive displacement of over 1.2 million people, including 350,000 children, making it one of the world's fastest-growing and most severe displacement crises. Since March 2, Israeli forces have launched over 1,840 attacks on Lebanon, killing more than 1,497 people and injuring over 4,639, according to Lebanon's Ministry of Public Health. The Israeli army claims it is targeting strongholds of the Iranian-backed group Hezbollah in southern Lebanon. Israel's Defense Minister, Israel Katz, stated that Israel plans to destroy Lebanese border towns and continue its occupation of southern Lebanon. The conflict has led to 20% of Lebanon's 5.9 million population being displaced, with one in five people affected. This crisis ranks among the top 10 displacement crises in recent years, according to UNHCR's 2025 data. Attacks have been concentrated in areas such as Bint Jbeil, Nabatieh, Tyre, Marjayoun, and Sidon, with over 2,000 attacks reported between March 2 and March 27. Israel carried out 1,840 of these attacks, mostly air or drone strikes and shelling. The destruction of bridges and crossings in southern Lebanon aims to isolate communities, with the Dalafa bridge and roads between villages like Sohmor and Yohmor being targeted. This has severe implications for access to hospitals and public services. Israel's evacuation orders now cover over 1,470sq km (568sq miles), or about 14% of Lebanon's territory, approaching the scale of Russian occupation in Ukraine.

A devastating US-Israeli airstrike has destroyed a synagogue in Tehran, the capital of Iran, and claimed the lives of over a dozen people. The strike is part of an escalating conflict in the region, with tensions between the US, Israel, and Iran continuing to rise.The airstrike, which occurred on [date], targeted the synagogue in Tehran, causing significant damage and loss of life. The exact number of fatalities has not been confirmed, but reports indicate that it exceeds a dozen. The incident has sparked widespread concern and condemnation from various quarters.The destruction of the synagogue in Tehran is seen as a significant escalation of the conflict, with Iran and Israel having a long-standing adversarial relationship. The US has also been involved in the conflict, with previous airstrikes and military actions in the region. The situation remains volatile, with fears of further retaliation and escalation.

The application of Artificial Intelligence (AI) technology to target Palestinians has sparked widespread concern. This technology, increasingly being utilized in various sectors, has been reportedly used to enhance surveillance and monitoring capabilities. Sources indicate that AI-powered tools are being employed to gather and analyze data on individuals and communities within Palestine. This has led to fears about the potential for biased and discriminatory outcomes, exacerbating existing tensions and human rights issues. Critics argue that the use of AI in this context undermines privacy and freedom, potentially leading to a disproportionate impact on Palestinian communities. The integration of AI into surveillance systems raises questions about accountability and transparency in the use of such technologies. As AI continues to evolve and become more pervasive, the need for robust regulations and safeguards to protect human rights has become increasingly apparent. The situation highlights the importance of ensuring that technological advancements are developed and implemented in a manner that respects and upholds universal human rights standards.

The Sharif University of Technology in Tehran was bombed on Monday, destroying and damaging multiple buildings, including an artificial intelligence centre housing critical databases. The university's website and other online services went dark.University President Masoud Tajrishi stated that the attack was intended to hinder Iran's progress in AI technology, which the university had been working on for two years. He emphasized that the enemy does not want Iran to succeed or develop, but all Iranian universities are now united in response to these attacks.The US and Israel have not provided an official reason for targeting Iran's higher education hubs or cultural heritage sites, which are considered civilian infrastructure. Over 30 universities have been affected by US and Israeli attacks since the start of the war on February 28.The attacks have prompted the Islamic Revolutionary Guard Corps (IRGC) to declare US and Israeli-affiliated universities 'legitimate targets'. In response, university heads have urged the IRGC to refrain from attacking other universities, considering them 'human and global heritage' entities.The increasing systematic targeting of civilian infrastructure has caused deep concerns among many Iranians, especially since the country was already dealing with economic woes and an energy crisis. The attacks have also sparked debate among Iranians, with some supporting US and Israeli actions in the hope of toppling the governing establishment.

The White House has firmly denied that it has any plans to use nuclear weapons against Iran, amid escalating tensions and a looming deadline imposed by President Donald Trump. Trump has warned that if Iran does not capitulate to his demands, a 'whole civilisation will die tonight'.The denial from Washington came as Trump employed apocalyptic language, insisting that Iran must make a deal or face a massive onslaught. The original ultimatum was made by Trump on Saturday, demanding that Iran open the Strait of Hormuz, through which about a fifth of global energy exports pass, or face an assault on key infrastructure.The deadline falls at 8pm Eastern time (00:00 GMT), and legal experts warn that targeting civilian infrastructure could amount to a war crime. Texas Democratic Congressman Joaquin Castro called on Trump to immediately clarify that he is not considering using nuclear weapons.Vice President JD Vance later stated that US forces could employ tools they 'so far haven't decided to use', sparking concerns. The Iranian response has been defiant, with the Islamic Revolutionary Guards Corps (IRGC) vowing to respond in kind if the US attacks civilian facilities.Iran has proposed a 10-point peace plan to end the war, which Trump called a 'significant step' but 'not good enough'. The situation remains volatile, with Israel-US strikes on Iran and Iranian attacks across the region and Israel intensifying.

The US-Iran conflict has taken a dire turn as President Donald Trump threatens to destroy Iran's power plants, bridges, and other vital civilian infrastructure if Tehran does not reopen the Strait of Hormuz. Analysts warn that such actions will only prolong and expand the conflict, which has already entered its sixth week.Naveed Shah, political director at Common Defense, an advocacy group led by US military veterans, cautioned that if the regional war is not brought to an end soon, “there’s no end in sight as to how far” it will spread. Shah emphasized that attacking infrastructure will not end the war faster, but rather make it go on much longer.Iran has warned of severe retaliation if its civilian infrastructure is attacked, potentially targeting energy and power facilities across the region, which could further raise oil and gas prices. Several Iranian officials have ruled out reopening the Strait of Hormuz under Trump's threats.Brian Finucane, an analyst at the International Crisis Group and former adviser at the US Department of State, stated that attacks on civilian infrastructure in Iran are unlikely to help Trump achieve his goals, namely reopening Hormuz. “It’s hard to see this lead to some quick US victory,” Finucane said.The supply pressure from closing Hormuz is being felt in the US, where petrol prices have gone up to more than $4.11 per gallon from less than $3 before the war. Finucane noted that escalating attacks against Iran and having Iran escalate attacks against its neighbors is a recipe for “even higher gas prices.”Trump has set a deadline for Iran to reopen Hormuz or face widespread destruction, threatening that the “whole civilisation will die” after the deadline passes. Qatar's Foreign Ministry spokesperson Majed al-Ansari warned that prolonging the war benefits no one and could take the conflict to a point where it cannot be controlled.Negar Mortazavi, a senior fellow at the Center for International Policy, said more threats and attacks by Trump will only lead to more resistance by Iran. “Maximum pressure has not produced surrender from Iran since the first term of President Trump,” Mortazavi told Al Jazeera.