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Oil prices jumped back above $100 a barrel and global stocks fell after weekend talks between the US and Iran ended without an agreement and Donald Trump imposed a blockade of the Strait of Hormuz. The US president announced the blockade on Sunday, targeting Iranian vessels and ships that have paid a toll to Iran for passage through the strait, in an attempt to choke off the flow of Iranian oil.US Central Command said it would start at 10am ET (5.30pm in Iran and 3pm in the UK), blocking all Iranian Gulf ports and coastal areas, in effect seizing control of maritime traffic in the Strait of Hormuz. The news drove oil and gas prices sharply higher again, after the two-week ceasefire between the US and Iran announced on Wednesday prompted a sharp fall in energy prices, and crude ended the week below the psychological $100 a barrel threshold.Brent crude rose by nearly 7% to $101.74 a barrel on Monday morning, while US crude is up more than 8% to $104.69 a barrel. Gas prices also increased, with the British wholesale gas contract for May soaring by 11.7% to 122.5p a therm. Analysts at JPMorgan Chase said last week they expected oil prices to stay high in the second quarter, above $100 a barrel, before easing in the second half of the year.Most Asian stock markets fell on Monday, with Japan’s Nikkei down 0.7% and Hong Kong’s Hang Seng index losing 1%, while Chinese stocks rose slightly. Sentiment was helped by Beijing’s announcement of a 10-initiative strategy aimed at deepening ties with Taiwan. European stocks also fell, led by airlines including Lufthansa, Wizz Air, easyJet and British Airways parent IAG. The FTSE 100 index in London lost 0.4%, dropping 45 points to 10,555. Germany’s Dax fell 1%, Italy’s FTSE MiB slipped 0.7% and Spain’s Ibex was down 1.1%. With oil and gas prices rising sharply higher, energy companies such as BP and Shell are rallying.Priyanka Sachdeva, senior market analyst at the broker Phillip Nova, said: “In today’s environment, every barrel of risk added to oil markets carries an inflation price tag for the global economy.” She added: “The market reaction underscores a simple but powerful reality: Hormuz risk is not theoretical; it is structural, and it is real.”Interest rate expectations have shifted again; investors now see an 84% chance of two rate increases from the Bank of England this year to tackle rising inflation, up from 60% on Friday. Before the Iran war, the central bank was expected to cut rates. The price of gold fell 0.4% to $4,730.75 an ounce as the blockade fuelled inflation concerns, prompting traders to scale back expectations for Federal Reserve rate cuts this year.

Senator Bernie Sanders used a Manhattan rally on Sunday to issue a stark warning: “the worst is yet to come” for the U.S. economy unless workers confront a ruling class of billionaires. Sharing the stage with New York City mayor Zohran Mamdani, the two leaders announced the launch of Union Now, a nationwide drive to boost union density and provide resources for organizing and strikes. Sanders singled out high‑profile billionaires – Elon Musk (Tesla, SpaceX), Jeff Bezos (Amazon), and President Donald Trump – as the architects of a looming crisis. He warned that Musk’s push for robotics and AI, coupled with Bezos’s recent pledge to raise $100 billion for buying and automating manufacturing firms, threatens to replace human labor on a massive scale. “Unless we fundamentally transform our economic and political systems, the worst is yet to come,” Sanders declared, emphasizing that increasing union membership is the most effective tool to tackle income inequality. Mamdani echoed the sentiment, noting that artificial intelligence is “coming for human jobs” and that worker protections are eroding. He pledged his administration’s support for Union Now, describing the effort as essential for safeguarding workers’ rights. Data presented at the rally underscored the scale of wealth concentration: in 2025, 938 U.S. billionaires saw their net worth rise by $1.5 trillion, while Musk alone possesses more wealth than the bottom 53 % of Americans. Sanders painted the billionaire class as “extremely greedy” and likened their self‑perception to 19th‑century monarchs who believe they have a divine right to rule. He warned that their unchecked influence could leave future generations without a safety net. Highlighting a recent political victory, Sanders cited Mamdani’s mayoral win as proof that ordinary people can defeat billionaire‑backed opposition. He warned that if the current trajectory continues, “fewer people will have more wealth and power, democracy will be undermined, and workers will be left with no recourse.” Closing his speech, Sanders urged unity: “If we stand together and fight for a government that works for all of us, there is nothing we cannot accomplish.”

Rory McIlroy has joined an elite club by defending his Masters crown at Augusta National, becoming just the fourth golfer ever to win the tournament back‑to‑back. The Northern Irish star edged out world No. 1 Scottie Scheffler by a single shot, marking his sixth major championship and cementing his place in golf history. Speaking after the victory, McIlroy emphasized that the win is a stepping stone, not a final destination. “I just won my sixth major and I feel like I’m in a really good spot with my game and my body,” he said. “I still have things I want to achieve and I want to enjoy the journey.” His parents, Rosie and Gerry, who missed the 2025 ceremony, were present this year, adding a personal dimension to the triumph. “It’s amazing to have them here,” McIlroy remarked, noting that their presence reinforced his motivation and gratitude. Despite the celebratory mood, McIlroy’s performance was far from flawless. He hit only 55% of fairways and recorded 48 of 72 greens in regulation over four rounds. A six‑shot lead after 36 holes evaporated by the 54‑hole mark, and a wayward drive into the trees on the final tee underscored the pressure he faced. Reflecting on the difficulty of the feat, McIlroy admitted, “I don’t make it easy. I used to win by eight shots in my early 20s. This year I realised it’s just really difficult to win the Masters.” He described the moment of uncertainty on the 18th tee as “the greatest stress,” highlighting the thin margin between victory and defeat. Looking ahead, McIlroy signaled that his ambitions extend beyond the Masters. While he plans to take a brief break, he dismissed the notion of a post‑victory lull, stating, “I don’t think I’ll go through that lull of motivation… I still want to enjoy it as well.” With his back‑to‑back Masters titles now secured, the golfer’s next targets remain speculative, but his confidence suggests a continued push for further major victories and possibly a career Grand Slam.

How shaky is the Iran‑US ceasefire? The question underscores growing concerns among analysts about the durability of the truce that has held between Tehran and Washington since the latest diplomatic outreach.While the ceasefire has prevented direct military clashes, underlying mistrust and competing strategic interests continue to cast doubt on its long‑term viability. Observers point to recent diplomatic exchanges, economic sanctions, and regional proxy activities as potential flashpoints that could reignite hostilities.Experts caution that any misstep—whether a perceived violation of the agreement or an escalation in proxy conflicts—could quickly erode the fragile peace, prompting a renewed cycle of confrontation that would affect not only the two nations but also the broader stability of the Middle East.

The article from Al Jazeera outlines the people who lost their lives in Lebanon as a result of Israeli military action on a single day, emphasizing the personal tragedies behind the headline numbers. By naming each victim, the report seeks to humanize the casualties and draw attention to the broader humanitarian consequences of the ongoing hostilities between Israel and Lebanon.While specific details such as ages, occupations, or hometowns are listed in the original piece, the overarching message is clear: the conflict’s impact is deeply personal, affecting families and communities across the region. These individual stories serve as a stark reminder of the cost of continued violence and underscore calls for de‑escalation and protection of civilians.

Reports of sexual assault allegations against U.S. Representative Eric Swalwell have sent shockwaves through the California gubernatorial race, where recent polls showed him leading a crowded Democratic field seeking to succeed Governor Gavin Newsom.During televised interviews on Sunday, several high‑profile Democratic lawmakers urged Swalwell to drop out of the race and resign from Congress after CNN and the San Francisco Chronicle published accounts from a former staffer and other women alleging misconduct.“What he did is sick and disgusting,” Congressman Ro Khanna told Fox News Sunday, calling for investigations by law‑enforcement and the U.S. House of Representatives.Swalwell has categorically denied the claims as “absolutely false” and indicated no intention to leave the gubernatorial contest. A March poll conducted by Emerson College had him ahead of both Democratic and Republican challengers by several points, underscoring the political stakes.In the wake of the allegations, powerful figures and organizations have begun revoking endorsements, and the Manhattan District Attorney’s office confirmed an active investigation on Saturday.Republican Representative Anna Paulina Luna announced she will file a motion to initiate expulsion proceedings against Swalwell, a step some Democrats say they could support.“This is not a partisan issue,” Representative Pramila Jayapal remarked, emphasizing that the matter “cuts across party lines” and reflects broader concerns about the treatment of women.Democrats have also called for the expulsion of Republican Representative Tony Gonzales of Texas, who faces separate sexual‑misconduct allegations. Both Ro Khanna and Republican Representative Byron Donalds indicated they could back a bid to eject Gonzales and Swalwell from Congress, with Donalds stating, “As far as I’m concerned, both gentlemen need to go home.”California gubernatorial candidate, US Representative Eric Swalwell, appears at a town hall meeting in Sacramento, California, on Tuesday, April 7, 2026 (Rich Pedroncelli/AP Photo)

Intense rainfall has caused severe flooding in multiple provinces of Saudi Arabia, leading officials to temporarily close schools to ensure student safety. Video footage circulating online captures inundated streets, submerged vehicles, and classrooms rendered unusable by rising waters.Education authorities cited the need to protect children from hazardous conditions, noting that the closures affect thousands of students and may disrupt the academic calendar. The Ministry of Education is coordinating with local municipalities to assess damage and plan for a swift reopening once floodwaters recede.While the immediate priority remains public safety, the event underscores the growing vulnerability of infrastructure to extreme weather events in the region, prompting calls for improved flood‑risk management and resilient school facilities.

FIFA has officially declined the Iranian Football Federation’s (FFIRI) appeal to relocate its 2026 World Cup games from the United States to Mexico, stating that the logistical complexities of moving the matches are prohibitive, Mexican President Claudia Sheinbaum confirmed. The request, lodged last month, was met with a firm response from the sport’s governing body: all scheduled fixtures will proceed in the United States as originally drawn, eliminating any prospect of Mexican venues hosting Iran’s team. Sheinbaum reiterated the stance at a press conference in Mexico City, emphasizing that “FIFA ultimately decided that the matches cannot be moved from their original venues,” and that attempting relocation would create untenable logistical hurdles. FIFA declined to comment to Al Jazeera regarding the confirmation of Iran’s host venues. The backdrop to this dispute is the ongoing US‑Israel war against Iran, which erupted on 28 February, killing Supreme Leader Ali Khamenei and 168 people in a girls’ school on the first day of hostilities. Tehran retaliated with missile and drone strikes on Israeli and U.S. military installations across the Middle East. A Pakistan‑mediated ceasefire halted the exchanges on Wednesday, though Israel continues operations in parts of Lebanon. Iran was among the earliest qualifiers from the Asian confederation and is placed in Group G alongside Belgium, Egypt and New Zealand. The team’s three group matches are slated for the U.S. West Coast: Los Angeles on 15 June and 21 June, and Seattle on 26 June. While Mexico, a co‑host of the tournament with the United States and Canada, initially expressed willingness to accommodate Iran’s fixtures, President Sheinbaum’s recent remarks align with FIFA President Gianni Infantino’s position. Infantino, who met Iranian players, coaches and officials in Turkey on 31 March, affirmed that “the matches will be played where they are supposed to be, according to the draw.” Infantino also dismissed speculation that Iran might boycott the tournament altogether after FFIRI President Mehdi Taj warned of a potential boycott if security could not be guaranteed in the United States. Earlier, former U.S. President Donald Trump posted on social media that Iran’s participation would be unsafe, prompting Taj to state that Iran would refuse to travel to America under those conditions. Iranian Sports Minister Ahmad Donyamali later warned that Iran’s World Cup involvement remains uncertain unless FIFA relocates the games, underscoring the political sensitivity surrounding the event. In summary, despite regional conflict, diplomatic tensions, and security concerns voiced by Iranian officials, FIFA’s decision ensures that Iran will compete in the United States as originally scheduled, preserving the tournament’s logistical integrity.

The Israeli Defense Forces launched a series of raids throughout the occupied West Bank during the night, marking a heightened security push in the area.According to reports, the operations spanned multiple locations, reflecting ongoing tensions and the Israeli military's focus on curbing perceived threats within the territory.While specific details of the raids remain limited, the actions underscore the persistent volatility in the region and the broader implications for Israeli-Palestinian relations.