Breaking AI & Tech News Analyzed

The AI Market Surge The race is very much on. Elon Musk's SpaceX, which makes AI models as well as space rockets, announced last week it is seeking a $1.77tn (£1.31tn) valuation on the US stock market while Anthropic, the startup behind the Claude chatbot, said it had filed for an initial public offering. OpenAI, the developer of ChatGPT, is expected to follow. AI Has Sent Stocks Soaring The S&P; 500, which tracks the 500 biggest US companies, has been on a tear over the past five years – rising by nearly 80%. That jump has been driven by big tech stocks with a stake in the AI boom, the “magnificent seven” of Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. Expenditure Is Growing at a Staggering Rate Spending on AI – from datacentres to chips – is racing ahead, from $765bn this year to $1.6tn in 2031, according to Goldman Sachs. The investment bank acknowledges there could be problems with this scale of commitment. What if the datacentres are delayed? Firms and Consumers Are Adopting AI at Pace Despite mixed reports on the benefits, the vast majority of companies are starting to use AI – up from 33% in 2023 to nearly 80% now, according to the consultancy group McKinsey. Usage among the general public is also high, with OpenAI's ChatGPT now reaching 1bn monthly active users, according to data from Sensor Tower – a record for any app. Claude Is Snapping at ChatGPT's Heels Anthropic began to gain ground on OpenAI late last year, when its Claude Code tool went viral among mostly San Francisco-area software developers, before spreading more widely. Claude Code represented a shift in how large language models – the core technology behind chatbots – are used, ushering in a transition towards autonomous AI agents that carry out tasks without human intervention, enabling even the non-tech-savvy to create software and do a wide range of tasks. AI Is Getting More Expensive to Use Every time an AI chatbot or agent issues a response, it is measured in “tokens” – building blocks of language that can be words, punctuation marks or syllables. The costs of these vary per model; OpenAI prices it at $5 a million input tokens for GPT-5.5, and $30 a million output tokens (ie the response given to your prompt). Datacentre Building Might Not Keep Pace with Demand Datacentre construction represents the central nervous system of AI products so growing development and use of AI tools must be matched by more capacity – otherwise there will be a compute crunch, which means rising costs for AI companies and users.

Deadly Shooting in Central IsraelA suspected terror attack in central Israel has resulted in one fatality and five injuries, with Israeli police reporting they have killed the alleged perpetrator. The incident occurred on Sunday in the Kochav Yair area near the occupied West Bank city of Qalqilya, with the attacker reportedly continuing his shooting spree in nearby towns.Attack Details and Police ResponseAccording to Israeli police, the attack began with shooting towards passersby at a gas station at the entrance to the Kochav Yair area. The attacker, identified as a Palestinian with Israeli citizenship from the nearby city of Tayibe, then continued his actions at the entrances to Tzur Yitzhak and Tzur Natan.Israeli forces intervened and, following a manhunt, killed the suspect. Police forces, border guard soldiers, and special units have been conducting searches for additional suspects, and the weapon used in the attack has been located. Authorities have imposed a security cordoning on several neighboring Arab villages and are urging the public to remain vigilant.Casualties and Medical ResponseIsraeli rescue service Magen David Adom confirmed that a 35-year-old man died of gunshot wounds in the attack. The other five casualties have been transferred to two hospitals, with two of those injured in serious condition.Lior Zilberberg from Magen David Adom described the chaotic response: "We were in a large training exercise in a nearby community when we received reports about gunshot casualties at several scenes close to us. We immediately stopped the exercise and set out with intensive care units and ambulances to multiple locations."Political Reactions and Security ImplicationsHamas commended the attack, calling it a "heroic" operation, but did not claim responsibility. The statement from the militant group comes amid ongoing tensions in the region.Israeli Prime Minister Benjamin Netanyahu's office has confirmed it is holding a situational assessment on the shooting attack. The incident is likely to increase security measures in the area and may impact already fragile Israeli-Palestinian relations.Regional Security ConcernsThe attack occurs against a backdrop of increased violence in the region, with recent reports of Israeli strikes in Gaza and Lebanon that have resulted in multiple casualties. The incident may prompt heightened security operations in Arab communities within Israel and potentially lead to further tensions between Israeli authorities and Palestinian communities.Israeli authorities have urged citizens to report any suspicious activities, indicating that while the main suspect has been neutralized, concerns about potential accomplices or copycat attacks remain.

The Intimate Concert: Shania Twain's Pub SurpriseIn a surprising move, country superstar Shania Twain performed an intimate concert at London's Shacklewell Arms pub, transforming the small venue into a saloon for approximately 200 lucky fans. The event marked a rare, up-close performance for the singer, who is better known for stadium shows, and served as a warm-up for her upcoming appearance at Wembley Stadium supporting Harry Styles.The Pub Transformation: From Local Bar to Country SaloonThe Shacklewell Arms underwent a remarkable transformation for the event, with the usual crowd of hipsters and indie music fans replaced by attendees dressed in leopard print, double denim, and cowboy hats. The venue featured a wall of complimentary cowboy hats and bandanas, creating an authentic saloon atmosphere. Fans traveled from across the UK to attend the once-in-a-lifetime gig, with some dedicated attendees making the journey specifically to see Twain perform in such an intimate setting.Fan Experience: A Personal Connection to Country RoyaltyThe concert created a unique fan experience that differed significantly from Twain's typical large-scale performances. Attendees expressed disbelief and excitement at seeing the bestselling female country artist in a "dingy back room." For many, the event represented a rare opportunity to see Twain up close and personal, with one fan noting that they "usually only get to see her in large concerts." The cozy atmosphere allowed Twain to interact with fans on a personal level, sharing stories about her early career and even asking the audience about their favorite songs.Career Significance: Returning to Her RootsFor Twain, the performance represented a meaningful return to her beginnings. The singer revealed that she started performing in small bars from the age of eight until her late 20s, long before securing her recording contract. This intimate show connected to her upcoming album, "Little Miss Twain," which focuses on the early phases of her life before fame. The event highlighted Twain's enduring appeal and her ability to maintain relevance across generations, with fans ranging from those who grew up with her music to younger attendees discovering her for the first time.Future Outlook: From Pub to StadiumThis intimate pub performance serves as both a nostalgic look back and a precursor to Twain's upcoming stadium shows. The singer is preparing to make her first appearance at Wembley Stadium, where she'll support Harry Styles during his 12-night residency. The contrast between the tiny pub venue and the massive stadium underscores Twain's remarkable journey from small-town bars to international stardom. As she enters her fifth decade in the music industry, Twain continues to demonstrate her ability to connect with audiences across different settings and generations, solidifying her status as a cultural icon in country and pop music.

The Rise of Anti-Tech Extremism in the AI AgeWhen a 20-year-old man from Texas was arrested earlier this year for allegedly trying to burn down OpenAI's headquarters and Sam Altman's house, authorities found an anti-AI manifesto alongside his lighter and a jug of kerosene. This incident is part of a spate of attacks that has caused alarm among researchers, the tech industry and law enforcement about the rise of anti-tech extremism.In April, an Italian "nature pilled" Instagram influencer was arrested in Rome and charged with plotting a series of anti-tech attacks that took inspiration from Ted "The Unabomber" Kaczynski. Two self-described "ecofascists" that carried out a deadly anti-Muslim attack on a mosque in San Diego last month also cited "AI slop" and JD Vance's ties to Palantir as motivations for their violence in their manifesto. An Indianapolis city councilor woke up earlier this year to gunshots being fired into his home before finding a note that read "NO DATA CENTERS".The growing public backlash to the tech industry's rapid rollout of artificial intelligence has taken many, mostly-non violent forms such as local communities organizing against datacenters and political candidates promising increased oversight. Yet at the fringes, researchers say grievances against the AI industry and its leaders are animating old violent extremist movements and fomenting new ones."AI is becoming this driver of political violence, and that's a very new phenomenon," said Jordyn Abrams, a researcher at the Program on Extremism at George Washington University.AI as a Unifying Factor for Extremist GroupsWhile much of the early public discussion around generative AI and extremism focused on how malign actors like terrorist groups could misuse products such as ChatGPT for propaganda purposes or plotting attacks, there is more recent attention given to how the AI industry as a whole can radicalize people. What motivates someone to extremist violence might not be a conversation with a chatbot, researchers say, but the society-wide disruption, narrative of existential threat and lack of accountability that has come with the AI boom.In the same way that AI has come to pervade many facets of modern life, the technology has also filtered into the way that extremists think about the world. Whether it is violent anti-government groups opposing mass surveillance, ecofascists with environmental grievances, neo-Nazi accelerationists bent on collapsing critical tech infrastructure or the man who allegedly targeted Altman's house worried about superpowerful artificial intelligence destroying humanity, AI has become a fixation across the extremist spectrum."It really transcends these left-right dichotomies," said Yannick Veilleux-Lepage, an associate professor at the Royal Military College of Canada. "We're seeing a lot of different groups, a lot of different ideologies being framed through a lens of anti-AI."The Unprecedented Speed of AI TransformationThe modern anti-tech movement has a long lineage. Periods of technological change are historically accompanied by backlash from the people most affected, with researchers often pointing to the early 19th-century luddite rebellion of British textile workers smashing automated knitting machines as they demanded more labor rights. The next 200 years brought waves of violent labor disputes and political violence that accompanied tech's market disruptions, uneven accumulation of wealth and disenfranchisement of workers.In the 1990s, there was cultural pushback against the rise of the personal computer and the fear of how it would disrupt society. Common complaints included fears of replacing human workers, environmental harm and crumbling healthy social structures."Haven't you heard? It wants your job. It peddles you smut. It corrupts your kids. It's cold, sterile, inhuman. Suddenly, it's okay to hate your computer," read a New York Magazine cover story from 1995 on the "New Luddites".The same year as New York Magazine ran its cover story, the Washington Post and the New York Times published the Unabomber's anti-tech manifesto, a 35,000-word screed against industrial society that has proliferated online in the years since and become the closest thing that anti-tech extremism has to a foundational text.What separates anti-AI extremism from these previous waves of tech backlash, researchers say, is partly the speed and scale of how AI is bringing about economic, social and political change."Not only are these whole-of-society changes and not only are they really disruptive, they're happening really quickly," Veilleux-Lepage said. "There isn't time for people to build resilience or to inoculate themselves from these changes".The AI industry's longstanding talking points – that the technology will revolutionize the world, if not end it – also lend themselves to a radicalizing narrative that AI poses an existential threat and must be stopped at all costs. When Veilleux-LePage gives talks to policymakers about anti-tech extremism, one of his slides simply features a series of quotes from CEOs."In order to radicalize people, you don't actually need to have theorists or ideologues that are calling people to violence against AI, because the tech CEOs are doing a pretty good case," Veilleux-LePage said.Corporate Response and Security ConcernsAltman has often framed the changes AI will bring as something that may be difficult, but is ultimately both positive – above all, he describes the change as inevitable."I expect some really bad stuff to happen because of the technology which also has happened with previous technologies," Altman said on venture capital firm Andreessen Horowitz's podcast last year.While tech CEOs are publicly optimistic about the resilience of society and the change that AI will bring about, it is also clear that they are privately concerned with the threat of political violence. Spending on personal security for executives has ballooned over the past five years amid incidents such as the killing of UnitedHealthcare CEO Brian Thompson, while tech leaders such as Elon Musk now pour millions into their own protection. SpaceX revealed in its IPO filing earlier this year that it paid $4m last year to Musk's private security firm, double what it had spent only two years before.There are signs over the past year that the AI industry is shifting its rhetoric as it grapples with widespread public distrust. Altman claimed last month that AI would probably not lead to the "jobs apocalypse" that he once discussed, even as companies like Meta lay off tens of thousands of workers. OpenAI and Anthropic have meanwhile both announced funds and thinktanks this year aimed at helping civil institutions adapt to AI, with OpenAI's non-profit organization committing $250m to grants for programs that help workers navigate AI upheaval.Major AI firms are hiring national security, intelligence, and weapons experts to monitor threats and misuse of their technology, including some with a background in extremism and counter-terrorism research. OpenAI's head of intelligence previously worked as one of the foremost academic experts on the Islamic State and wrote a book on the group's belief that it was bringing about the apocalypse. OpenAI and Anthropic did not respond to requests for interviews with their intelligence or security experts.The Accountability Gap and Future RisksThe closing off of legitimate avenues to address public opposition to AI, as well as the feeling that the technology is being forced upon society, is creating what researchers describe as a gap in accountability that can further incentivize terrorism and political violence.Donald Trump, in alignment with tech leaders, issued an executive order last year attempting to block any state-level legislation that would rein in AI development and has said that nothing will slow down the US in the global AI race. Tech billionaires are also pouring millions of dollars into lobbying and political spending in an attempt to prevent regulation of AI."When authorities are too busy, or just don't care enough, to regulate and take action, then people affected are going to take action," said Mauro Lubrano, a lecturer at the University of Bath and author of Stop the Machines: The Rise of Anti-Technology Extremism.Federal law enforcement documents acquired by Wired and the Intercept show that US authorities are increasingly monitoring anti-tech movements, while authorities have declared they will aggressively prosecute violent attacks. Following the attempted arson at Altman's house earlier this year, authorities vowed that "the FBI will not tolerate threats against our nation's innovation leaders".Yet researchers warn that authorities risk conflating the nationwide protests and calls for increased regulation of AI with more fringe, anti-tech extremist views, which is both inaccurate and counterproductive. Programs aimed at mass surveillance and attempts to silence nonviolent anti-AI movements will inevitably backfire, Lubrano says, further pushing people to the violent fringes if they feel their legitimate grievances aren't being addressed."We have this opportunity to be proactive in this while avoiding mistakes that we've made in the past when responding to other forms of extremism," Lubrano said. "Something tells me that we're not off to a great start".

Iran's Diplomatic Protest Over Visa Denial Iran has sharply criticized the United States after Washington refused to grant visas to an Iranian delegation slated to attend the upcoming World Cup. The Iranian officials framed the decision as a political affront that undermines the spirit of international sport. Key Facts About the Visa Refusal Delegation: Iranian officials and sports representatives scheduled for the World Cup. Decision date: Reported on 2026-06-07 by Al Jazeera. US stance: No visas issued, citing undisclosed reasons. Iranian response: Formal condemnation and calls for reciprocal measures. Absence of Quantitative Data The source article does not provide financial figures, attendance numbers, or other measurable metrics related to the visa denial, so no quantitative analysis can be presented. Potential Ripple Effects on US‑Iran Relations The refusal may exacerbate existing diplomatic strains between Tehran and Washington. Sports delegations have historically served as informal diplomatic channels; limiting access could reduce opportunities for dialogue and increase mistrust. Future Outlook for International Sports Diplomacy Analysts suggest that if the visa issue remains unresolved, Iran might consider alternative routes for representation, such as sending unofficial observers or leveraging third‑party nations. The incident also raises questions about how future sporting events will navigate geopolitical disputes when granting entry to participants.

The Road to World Cup 2026 The wait is almost over as the FIFA World Cup 2026 kicks off on Thursday, June 11. The tournament promises to be an exciting event with many top star players participating. Top Star Players to Watch From the legends of the game to emerging stars, here are the top 10 players to watch at the World Cup 2026: Lionel Messi (Argentina) Four years ago, Messi fulfilled a childhood dream when he lifted the elusive World Cup, the missing piece in his vast collection of trophies. Now, aged 38, the star forward returns for a joint-record sixth appearance at the finals, as Argentina look to successfully defend the title won in Qatar. Lamine Yamal (Spain) Yamal may be only 18 years old, but the winger shows maturity far beyond his years. After playing a key role in guiding Spain to the Euro 2024 title, Yamal heads to his maiden World Cup, with fans and critics eager to see which new tricks he will pull out of his hat. Kylian Mbappe (France) The 2022 World Cup was bittersweet for Mbappe, who narrowly missed out on the title despite scoring a sensational hat-trick in the final. Now, with more experience under his belt, the Frenchman heads to the 2026 World Cup with his eyes firmly on the prize. Erling Haaland (Norway) One of the most lethal strikers in European football, Norway’s Haaland will make his World Cup debut this summer. Leading Norway’s promising “golden generation”, Haaland was the standout performer in UEFA qualifying, finishing as the top scorer with 16 goals. Cristiano Ronaldo (Portugal) The 2026 World Cup could be Ronaldo’s last dance. At 41, the forward is in the twilight of his career, though he continues to defy age with his remarkable fitness levels. Having guided Portugal to continental glory, Ronaldo will hope to finally replicate that success on the global stage. Harry Kane (England) Fresh off the high of lifting his second Bundesliga title with Bayern Munich, striker Kane heads to the World Cup in some of the best form of his career. The England captain will bring sublime attacking firepower to the Three Lions, one of the pre-tournament favourites. Vinicius Jr (Brazil) What a difference four years can make is best reflected in Vinicius Jr’s remarkable journey. At the 2022 World Cup, he had only just broken into the side. Now, Vinicius arrives as one of the biggest stars in world football. Antoine Semenyo (Ghana) After joining Manchester City at the beginning of the year, winger Semenyo has quickly impressed with his playmaking ability. At the World Cup, Semenyo could build on that form and even emerge as the poster boy of the Ghana team. Arda Guler (Turkiye) The Crescent Stars will rise again at a World Cup after more than two decades, and Turkish fans will rest all their hopes on a promising squad, headlined by star winger Arda Guler. Mohamed Salah (Egypt) One of the greatest icons of African football, Salah has broken countless individual records and won almost every major club honour, but the 33-year-old has yet to lift a title with his nation. A muscle injury threatened to derail his World Cup campaign, but fans will be relieved to know the “Egyptian King” will be leading their charge in North America.

The Lead: England's Day Four Advantage Morning everyone and welcome to a Test that has somehow dribbled into a fourth day. We've had a wicket roughly every four overs, but the rain gods have allowed only five sessions' play. England are well on top, yet they could still lose. The Event Details: A Tense Finish on a Difficult Pitch England need five more wickets before New Zealand score 199 more runs. So far, between the showers, the New Zealanders have managed only 168 for 15 wickets, so 199 for four may sound like a stretch. But they've got more batting left than you'd think because they sent in a nightwatchman, way back on Friday evening. The Data Analysis: Bowler Performance and Batting Lineup On a pitch that has been dry, uneven and widely derided, England's bowlers have only had to look at the off bail to be lethal. Ollie Robinson, when he switched to the Nursery End yesterday and Jamie Smith stood up to the stumps, promptly took two wickets in two and a half overs. He has seven for 57 in the match, Gus Atkinson four for 25, Josh Tongue four for 55. Only Ben Stokes (none for 22) has been anodyne. The Impact Analysis: New Zealand's Unexpected Batting Strength They've got an opener, Devon Conway, who's still there and who made 200 on his Test debut at Lord's. He may only have added 23, 3, 13, 1 and 19* at this address since, but that could be taken to mean that he's overdue another big one. And the two men who got most of the runs in NZ's first innings, Glenn Phillips and Kyle Jamieson, are still to come. It's as if their captain, Tom Latham, has done by accident what Don Bradman once did deliberately and got the batting order the wrong way up. The Prediction: Final Day Uncertainties Robinson has never taken eight in a Test, let alone ten, so he will still be hungry today, and the chances are that he, Atkinson and Tongue will finish the job. But a low-scoring match can be won by one fearless knock, as England found in the last first Test they played, when Travis Head beat them at their own game. So you never know. Play resumes at 11am BST and the forecast, thankfully, is as dry as the pitch.

Lead: The Butterfly’s Unexpected Role in a £12 million Woodland Tax SchemeThe northern brown argus, a vulnerable butterfly on the England‑Scotland border, has forced a legal pause on a £12 million commercial forestry project that could have saved Britain’s wealthiest families millions in inheritance tax.Legal Victory Halts a £12 million Commercial Forestry Plan at TodrigEnvironmental regulator checks were triggered after a challenge led by local council chair Camilla Fowler. The plan to clear heath moorland and sow commercial tree saplings was deemed a threat to the butterfly’s habitat, prompting a court‑ordered review.Location: Todrig, Scottish Borders – an area the size of 560 football pitches.Investor: Gresham House, a £11 billion City of London asset manager, bought the land for £12 million in 2022 (six times its 2019 price).Opposition: Local community council and barrister David Lintott (Restore Nature) cited biodiversity loss.Financial Stakes: £12 million Land Purchase, Doubling Value, and Inheritance Tax SavingsIndustry calculations show woodland values have roughly doubled over the past decade, outpacing commercial property gains. The tax advantages are substantial:Business Property Relief after two years can exempt the timber value from inheritance tax.Timber growth is not subject to income or corporation tax.No capital gains tax is due when trees are felled.Example: A £100 million woodland portfolio could reduce inheritance tax from £40 million (40% rate) to roughly £5 million, saving £35 million.Investors such as True North Real Asset Partners are already planting Sitka spruce at nearby Stobo Hope, arguing faster carbon capture and higher timber turnover.Implications for UK Forestry, Biodiversity, and Tax PolicyThe surge in tax‑driven woodland investment puts pressure on native habitats, converting meadows and calcareous grassland into monocultural spruce plantations. While the Treasury benefits from increased land‑based assets, conservation groups warn of long‑term ecological damage.Recent budget changes by Chancellor Rachel Reeves capped business and agricultural property reliefs at £2.5 million, yet woodland reliefs remain untouched, creating a loophole that continues to attract the super‑rich.What’s Next? Potential Policy Clampdown and Investor StrategiesAs public awareness grows, policymakers may face pressure to tighten woodland reliefs or introduce biodiversity safeguards. Investors could respond by:Diversifying into mixed‑species, native‑tree projects that meet both carbon and conservation criteria.Lobbying for clearer guidance on the definition of “commercial forestry” to protect tax benefits.Exploring alternative tax‑efficient assets if reliefs are reduced.Until legislation changes, the interplay between tax planning and environmental stewardship will remain a contested arena, with even a small butterfly capable of reshaping multi‑million‑pound deals.

Pakistan's Diplomatic Mission to IranPakistan's Interior Minister Mohsin Naqvi has travelled to Iran to deliver a "special letter" to Iran's Supreme Leader Mojtaba Khamenei as part of diplomatic efforts to end the United States-Israeli war on Iran, which began 100 days ago.Naqvi arrived in the Iranian capital, Tehran, late on Saturday, and met his Iranian counterpart, Eskandar Momeni. The two discussed the "latest regional developments and matters related to internal security", among other issues, Naqvi said on social media. Before his arrival, Iranian media reported that the Pakistani official was carrying a letter from his country's army chief and prime minister for the supreme leader.Rising Tensions in the Gulf RegionHis visit comes amid renewed tensions in the Gulf region. On Sunday, the US Central Command (CENTCOM) said its forces had shot down two Iranian one-way attack drones "that threatened international maritime traffic in the Strait of Hormuz".On Friday, it said it intercepted seven ballistic missiles heading towards Kuwait and Bahrain hours after it had shot down four Iranian drones launched towards the strait, a key waterway through which about 20 percent of globally traded oil normally passes. United States forces said they "subsequently" struck Iranian coastal surveillance radar sites in Garuk and on Qeshm Island "to defend against further maritime attacks".The attacks drew the ire of Gulf nations that are bearing the brunt of a war they lobbied against. Bahrain denounced the latest attacks as "blatant aggression". The island nation hosts the headquarters of the US Fifth Fleet. Kuwait said the attacks "represent a dangerous escalation". Egypt, Jordan and Qatar joined the condemnation.Stalled Peace NegotiationsDespite tit-for-tat attacks and sporadic exchanges of fire, negotiations over a deal to end the war are continuing, but an agreement remains elusive.US President Donald Trump has alternated between threatening a renewed military campaign and expressing optimism about a diplomatic breakthrough. On Wednesday, he said an agreement could be finalised over the weekend.But Iranian officials have offered a more cautious tone. "The negotiations are at a deadlock, and Trump must break this deadlock," Mohsen Rezaei, military adviser to Iran's supreme leader, told US media outlet CNN on Saturday. He also called for the release of about $24bn in frozen Iranian assets.Key Obstacles to PeaceThe unfreezing of Iranian assets is one of the key sticking points in ongoing talks. On Wednesday, media reports said US Treasury Secretary Scott Bessent was considering using them to support rebuilding efforts in the Gulf caused by Iranian attacks."The Treasury will utilise all tools available to allow Iranian assets to be made available to our Gulf allies to support rebuilding and repairs for any future damage caused by Iran," a US official told several news agencies.Other sticking points include an end to hostilities across all fronts, including Lebanon; sanctions waivers on crude exports; the lifting of a US port blockade; and leverage over the Strait of Hormuz.Global Energy Security at RiskIran has blocked the narrow waterway since the US and Israel launched the war on February 28. Tehran responded by firing waves of drones and missiles at Israel, US targets in the region and neighbouring Gulf countries.It declared the Strait of Hormuz closed and threatened to attack vessels transiting through the narrow waterway without its permission. Its effective control of the trade chokepoint sent oil and gas prices to a multi-year high and threatened global supplies.Armed hostilities largely subsided after the temporary Pakistan-mediated ceasefire began on April 8. Direct talks in Islamabad broke down on April 12, and the two sides have exchanged a series of proposals to end the war via Pakistan since then. However, several flare-ups since have led to growing fears that full-scale fighting could resume.