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Economy Apr 05, 2026

OPEC+ Announces Modest Output Rise as Hormuz Blockade Keeps Oil Market on Edge

Eight OPEC+ members approved a 206,000‑barrel‑per‑day increase in May production despite the ongoin…
Eight OPEC+ participants have consented to raise daily oil‑production quotas by 206,000 barrels for May, a modest adjustment given that several key producers are constrained by the US‑Israeli conflict with Iran that has sealed the Strait of Hormuz.The strategic waterway has been blocked since late February, halting shipments from the core OPEC+ exporters Saudi Arabia, the United Arab Emirates, Kuwait and Iraq, thereby tightening global supply.During a virtual session, the eight members—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman—endorsed the May quota increase and reiterated their commitment to monitor market dynamics closely.The joint statement highlighted ongoing vigilance over market conditions and expressed concern that attacks on energy infrastructure make restoration costly and time‑intensive, further limiting supply availability.Although the increase accounts for less than 2% of the volume lost due to the Hormuz closure, OPEC+ sources told Reuters the decision signals a willingness to expand output once the strait reopens.Crude prices have surged to around $120 per barrel, a four‑year high, driving up transport‑fuel costs worldwide.JPMorgan warned that if the blockage persists into mid‑May, oil could breach $150 a barrel, an unprecedented level.The May adjustment mirrors the April decision made on March 1, yet the conflict is estimated to have removed between 12 and 15 million barrels per day—approximately 15% of global supply.Iran has allowed certain regional vessels to navigate the strait; Iraqi crude was observed transiting, and Oman is conducting talks with Tehran to facilitate smoother passage.U.S. President Donald Trump has threatened to expand attacks on Iranian civilian infrastructure, including bridges and power plants, if the Strait of Hormuz does not reopen by Monday.
#OPEC+ #Saudi Arabia #Russia
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News Apr 05, 2026

Iran Endures Record-Breaking Nationwide Internet Blackout Amid Ongoing War

Iran's state‑imposed internet shutdown, now the longest nationwide blackout on record, has reduced …
Iran is experiencing the longest nationwide internet blackout ever recorded, according to the global monitoring group NetBlocks. Since the United States and Israel launched their war on Iran on February 28, connectivity has hovered at about 1% of pre‑war levels, effectively cutting the country off from the global web. The blackout follows a prior 20‑day shutdown in January, which coincided with deadly nationwide protests. Combined, these measures mean that Iranian civilians have spent close to two‑thirds of 2026 in digital darkness, relying only on a slow, state‑controlled intranet for basic services and state‑run news. NetBlocks highlighted that while regions such as Myanmar, Sudan, Kashmir and Tigray have endured longer intermittent outages, no other war has forced an entire nation offline to this extent. The monitor added that Iran is the first country to lose previously functional internet connectivity by reverting to a national network. Economic analysts warned that the January shutdown already caused the economy to lose tens of millions of dollars each day in direct damages, with far‑reaching indirect effects. Companies reported that many online businesses could not survive more than three weeks without connectivity, leading to a wave of layoffs and reduced pay raises. One affected worker, Kamran, a product designer in Karaj, said he was dismissed after the latest wave of cuts. He now relies on a local skill‑matching group, but fears competition from thousands of similarly displaced workers. A senior data analyst from a Tehran firm disclosed that the firm is offering lower-than‑expected raises and shifting to three‑month contracts, creating uncertainty about future employment. Compounding the digital crisis, the war has targeted Iran’s steel factories, petrochemical plants and other civilian infrastructure, aggravating pre‑existing problems of high inflation and unemployment. Only a limited segment of the population can access the global internet—either because they are whitelisted by the state or because they pay steep fees for proxy connections that often disappear after a few hours. Government spokeswoman Fatemeh Mohajerani stated that internet access is being granted only to those who can “get the voice out,” such as officials, state‑affiliated entities and news agencies. Citizens on the ground describe a grim reality: frequent power outages, uncertainty about water supplies, and an inability to use services like Google Search or AI tools, even as they watch live feeds from space missions that remain inaccessible. In response to the prolonged shutdown, authorities have begun rolling out a tiered system dubbed “Internet Pro.” Business groups have received a “guide to connect to international internet,” urging them to contact a state‑run messaging app, Bale, for registration. Parallel efforts by a major telecom carrier offer one‑year data packages at prices higher than normal plans, while existing providers have not refunded customers for services they cannot deliver. President Masoud Pezeshkian’s administration, which campaigned on unblocking Iran’s internet, has offered no official explanation for the shutdown, leaving both the battered digital sector and the broader economy facing an uncertain future.
#iran #netblocks #layoffs
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News Apr 05, 2026

Oman and Iran’s Deputy Foreign Ministers Push for Unblocked Strait of Hormuz Amid Heightened Tensions

Oman and Iran held deputy foreign minister‑level talks to explore options for restoring smooth vess…
Oman and Iran convened deputy foreign minister‑level talks on Saturday to discuss measures that could guarantee the smooth passage of ships through the Strait of Hormuz, according to a statement from the Omani Foreign Ministry.The meeting, described as an "undersecretary‑level" dialogue, was attended by specialists from both ministries, underscoring the technical nature of the discussions.Officials said the parties examined possible options to ensure safe transit amid the volatile regional environment, with a series of proposals now slated for further study.Tracking data from the shipping journal Lloyd’s List showed that, on Sunday, three Omani vessels – two large oil supertankers and an LNG carrier – navigated the strait outside Iran’s "approved corridor" near Larak Island, sailing unusually close to the Omani coast.Earlier in the week, an Iranian official announced a draft protocol with Oman aimed at monitoring traffic through the strait, which carries roughly one‑fifth of global oil supplies and has been heavily restricted as retaliation for the ongoing US‑Israeli war on Iran.Since the conflict erupted on February 28, Iran’s Islamic Revolutionary Guard Corps (IRGC) has permitted limited transits for vessels from Pakistan, France and Turkey, while an estimated about 3,000 ships remain stranded in the region.The Strait of Hormuz is a critical energy chokepoint; any disruption fuels market volatility and compels oil‑importing nations to scramble for alternative supplies.U.S. President Donald Trump took to social media over the weekend, warning that he would unleash “all Hell” if the waterway is not reopened by Monday, highlighting the geopolitical pressure surrounding the passage.Egypt’s foreign minister, Badr Abdelatty, held separate calls with U.S. special envoy Steve Witkoff and regional counterparts, including Iran’s foreign minister Abbas Araghchi, to explore de‑escalation proposals.Professor Amin Saikal, an emeritus scholar at the Australian National University, cautioned that an expansion of the war would be “hell for the whole region” and stressed the urgent need for a negotiated settlement, though he noted that diplomatic avenues appear increasingly narrow.
#oman #iran #irgc
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Politics Apr 05, 2026

Zarif Unveils Comprehensive Peace Blueprint Amid Escalating Iran‑US‑Israel Conflict

Former Iranian foreign minister Mohammad Javad Zarif published a detailed roadmap in Foreign Affair…
Former Iranian Foreign Minister Mohammad Javad Zarif presented a comprehensive peace roadmap in Foreign Affairs on Friday, seeking to move beyond a temporary cease‑fire in the war that erupted on February 28 after coordinated US‑Israeli strikes on Iran. The plan urges Iran to place limits on its nuclear program under international monitoring, including a commitment to never pursue nuclear weapons and to blend its enriched uranium below 3.67 %. This would address the International Atomic Energy Agency’s estimate that Iran holds roughly 440 kg (970 lb) of uranium enriched to 60 %—a level close to the 90 % threshold needed for a bomb. Zarif also proposes a mutual non‑aggression pact with the United States, coupled with the immediate lifting of all US sanctions and United Nations Security Council resolutions against Tehran. To secure regional stability, he suggests forming a regional fuel‑enrichment consortium that would involve China, Russia and the United States alongside Iran and its Gulf neighbours, using West Asia’s sole enrichment facility. Additionally, a broader security framework could include Gulf states, UN Security Council powers and possibly Egypt, Pakistan and Turkey to guarantee freedom of navigation through the Strait of Hormuz, which Iran has largely blocked since the conflict began. Beyond security, Zarif calls for “mutually beneficial trade, economic and technological cooperation” between Iran and the United States, framing the roadmap as a “well‑timed off‑ramp” for President Donald Trump, who recently warned Iran it had 48 hours to negotiate a deal or face “all hell”. Gulf officials reacted sharply. UAE diplomatic adviser Anwar Gargash dismissed the proposal as ignoring Iran’s aggressive missile and drone attacks on Gulf infrastructure, calling the strategy “hubris & strategic failure.” Former Qatari Prime Minister Hamad bin Jassim Al Thani acknowledged the plan’s cleverness but warned that the war has “eroded the trust built over years” and increased regional danger. The United States has offered a 15‑point cease‑fire plan, while Pakistan, Turkey and Egypt continue to push for direct talks, yet no substantive progress has emerged. Should the roadmap gain traction, it could reopen the Strait of Hormuz—through which one‑fifth of global crude oil and natural gas normally flows—alleviate the economic shockwaves rippling through world markets, and reshape the geopolitical landscape of the Middle East.
#Mohammad Javad Zarif #Foreign Affairs #US‑Iran non‑aggression pact
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Politics Apr 05, 2026

Iranian Drone Strikes Cripple Kuwait’s Power and Desalination Facilities, Escalating Gulf Tensions

Iranian drones damaged two Kuwaiti power and water desalination plants and ignited a fire at an oil…
Iranian drone attacks on Sunday inflicted serious damage on two of Kuwait's power and water desalination plants and sparked a fire at the Shuwaikh Oil Sector Complex, though no injuries were reported.Fatima Abbas Johar Hayat, spokesperson for Kuwait’s Ministry of Electricity, Water and Renewable Energy, described the incident as “criminal aggression” that caused “serious material damage” and forced the shutdown of two electricity‑generating units.Al Jazeera’s Malika Traina highlighted the strategic importance of the facilities, noting that around 90 % of Kuwait’s drinking water is produced by these desalination plants, making the disruption a critical blow to the nation’s water security.The strikes come as Gulf states bear the brunt of Tehran’s retaliation to recent US and Israeli attacks on Iran. Kuwait and the United Arab Emirates have become the epicentre of these assaults, according to Al Jazeera’s Victoria Gatenby in Doha.Gatenby warned that if President Donald Trump and Israeli Prime Minister Benjamin Netanyahu follow through on threats to intensify pressure on Iran, Tehran may target similar civilian and energy infrastructure across the Gulf.Bahrain also suffered drone attacks, with its Gulf Petrochemical Industries Co reporting damage to several operational units and Bapco Energies confirming a hit on an oil storage tank. Both incidents caused fires that were quickly extinguished, and no casualties were reported.In Abu Dhabi, authorities responded to multiple fires at the Borouge petrochemical plant, attributing them to falling debris from an interception. Operations were suspended pending a damage assessment, but no injuries have been confirmed.Saudi Arabia announced the interception of missiles early Sunday, underscoring the heightened military alert across the region.Gatenby noted that while Iran claims it is only targeting US military assets, the pattern over the past five weeks shows a broader focus on civilian and critical energy infrastructure. Gulf nations have exercised “incredible restraint,” yet their leaders caution that patience is not unlimited and that Saudi Arabia is invoking its right to self‑defence under Article 51 of the UN Charter.The escalating series of attacks highlights the fragile security environment in the Gulf and raises concerns about the resilience of essential services such as power and water supply amid ongoing geopolitical tensions.
#Iran #Kuwait #drone strikes
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Opinions Apr 05, 2026

Iran‑Iraq War Lessons Highlight Risks for a Potential US‑Israeli Conflict with Iran

Behrooz Ghamari‑Tabrizi examines the eight‑year Iran‑Iraq war to extract strategic lessons that cou…
Behrooz Ghamari‑Tabrizi draws parallels between the protracted Iran‑Iraq war (1980‑1988) and the emerging strategic calculus of a potential US‑Israeli confrontation with Tehran. He argues that the historical conflict offers cautionary insights on regional alliances, war economics, and the limits of external intervention. The analysis underscores how prolonged attrition, shifting loyalties, and the impact on civilian populations could shape any future engagement involving the United States and Israel against Iran.
#war #what #iran-iraq
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Politics Apr 05, 2026

US Revokes Green Cards of Qassem Soleimani’s Niece and Daughter as Iran Conflict Intensifies

The U.S. State Department stripped permanent residency from Hamideh Soleimani Afshar, Qassem Soleim…
The United States has revoked the permanent residency of two women identified as relatives of the late Quds Force commander Qassem Soleimani, the former head of Iran’s Islamic Revolutionary Guard Corps foreign arm.According to a State Department statement released on Saturday, Hamideh Soleimani Afshar—Soleimani’s niece—and her daughter were arrested on Friday night and are now in the custody of Immigration and Customs Enforcement (ICE), which is seeking their removal from the country.The decision has sparked a debate over the limits of free‑speech protections in the United States and whether family members should be penalised for the actions or affiliations of their relatives.In its release, the State Department described Afshar as “an outspoken supporter of the totalitarian, terrorist regime in Iran,” adding that such rhetoric would not be tolerated under the Trump administration. The statement read: “The Trump Administration will not allow our country to become a home for foreign nationals who support anti‑American terrorist regimes.”Iranian media, however, quoted Afshar’s daughter, Zeinab Soleimani, who denied any connection to the late Quds Force leader, stating, “The individuals arrested in the United States have no connection whatsoever to martyr Soleimani, and the claim made by the US State Department is false.”The arrests occur at the five‑week mark of the U.S.‑Israel war on Iran, which began on February 28, 2026.This is the second known instance this month that the Trump administration has stripped legal immigration status from individuals allegedly linked to senior Iranian figures.Secretary of State Marco Rubio took to social media to claim credit for the action, writing, “This week, I terminated both Afshar and her daughter’s legal status.” He added that Afshar had “celebrated attacks on Americans and referred to our country as the ‘Great Satan.’”The State Department also highlighted Afshar’s “lavish lifestyle” in Los Angeles and noted that her husband has been barred from entering the United States.Similar pressure was applied earlier this month to Fatemeh Ardeshir‑Larijani, the daughter of the late Iranian official Ali Larijani. Both she and her husband, Seyed Kalantar Motamedi, had their U.S. immigration status revoked and were prohibited from re‑entering the country. Larijani, a former head of Iran’s Supreme National Security Council, was killed in an Israeli airstrike on March 17.The moves reflect growing influence from conservative politicians and activists demanding the expulsion of individuals with familial ties to Iran’s leadership.Far‑right influencer and Trump ally Laura Loomer claimed she had reported Afshar to the State Department and thanked Rubio, calling the removal a “big scalp.” An online petition on Change.org, launched two months ago, had already gathered more than 4,000 signatures calling for Afshar’s deportation.Ardeshir‑Larijani, who previously worked in oncology at Emory University’s School of Medicine, became a target of protests after Iran’s crackdown on anti‑government demonstrators in December and January. A separate Change.org petition demanding her deportation amassed 157,017 signatures by Saturday.The petition emphasized her familial links to Iran’s Supreme Leader Ali Khamenei, who was killed on the first day of the war, arguing that while she lives peacefully in the U.S., “countless young Iranians are dying in Iran due to the policies and decisions made by Ali Khamenei and his inner circle, including her father.”U.S. Congressman Earl “Buddy” Carter of Georgia echoed the call, urging that Ardeshir‑Larijani’s medical license be revoked. He wrote, “America’s medical institutions must not serve as a safe harbor for individuals connected by blood and loyalty to regimes that openly call for the death of Americans.”According to Emory’s student newspaper, The Emory Wheel, Ardeshir‑Larijani was no longer employed by the university as of January.
#Qassem Soleimani #Hamideh Soleimani Afshar #Marco Rubio
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Sports Apr 05, 2026

Tottenham Women’s Coach Martin Ho Hints at Club’s Best WSL Finish as He Builds Long‑Term Foundations

Tottenham Hotspur Women, under 35‑year‑old head coach Martin Ho, have climbed to fifth place in the…
Martin Ho arrived at Tottenham in July, inheriting a side that had slumped to 11th place the previous season. Within months the club has risen to fifth in the Women's Super League, just three points shy of matching their record 32‑point tally from 2021‑22. With three league games remaining, Spurs are set to face Chelsea in an FA Cup quarter‑final, while a recent League Cup exit saw them lose 2‑1 to Manchester United. Ho, who began coaching at 17 after an unfulfilled stint at Everton’s academy, describes the campaign as a success so far, noting the progress from a “rudderless” squad to a more cohesive unit. He acknowledges the boldness of such a claim before the season ends, especially after consecutive 5‑2 defeats to Manchester City and Arsenal, but stresses that the club’s trajectory is positive. Only two new signings – Norway forward Cathinka Tandberg and Japan defender Toko Koga – joined the roster in the summer, a deliberate move by Ho to assess the existing squad first. "I needed to see the players with my own eyes and apply my coaching methodology," he explained. Ho’s approach draws on his experience as an assistant at Manchester United under Casey Stoney and Marc Skinner, and his earlier head‑coach role at Norwegian side SK Brann. He spent time learning the club’s culture, fanbase and values before implementing changes. Key to the transformation was a psychological reset. Ho told his players that the team must look forward and abandon the disappointment of the previous season. "We asked them to play bravely, press higher and accept that mistakes are part of growth," he said. The 5‑1 loss to Manchester City early in the season became a catalyst. Ho observed that the squad’s response demonstrated a shift in mentality, prompting him to reinforce belief and challenge the players to improve. Consistency has been elusive – three wins from eight league matches – but the side has shown signs of potential, and January brought additional reinforcements. Looking ahead, Ho warns against over‑inflated expectations. "If we promise Champions League football now and fail, it harms everyone," he cautioned, noting that European competition would be premature for a club still building its foundation. He emphasizes the need for steady, sustainable progress rather than a flash‑in‑the‑pan surge. "We must evolve the squad, staff, processes and investment together," Ho said. With a limited pool of elite talent, attracting and retaining players remains a challenge. Ho stresses creating an authentic environment that offers clear development pathways, saying, "When players see their value and a clear route forward, they stay and improve." Born in Liverpool to a Chinese father and English mother, Ho credits his upbringing for his holistic coaching philosophy. He often remarks that coaches are like thieves, constantly borrowing ideas from one another, and strives to adapt those influences into a style that reflects his own vision for Tottenham Women.
#Tottenham Hotspur Women #Martin Ho #Women's Super League
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Sports Apr 05, 2026

The Evolution and Potential Revival of the Traditional No 9 Striker in Football

The traditional No 9 striker role in football is dwindling, with modern tactics favoring wingers, N…
The traditional No 9 striker, once a cornerstone of football, is becoming increasingly obsolete. The partnership of Andy Cole and Dwight Yorke at Manchester United in the late 1990s exemplifies a bygone era when strikers were the main goal-scoring threats. Today, the Premier League's leading scorers are more likely to be wingers, No 10s, or false 9s.Data from Opta shows that strikers scored 41.6% of the Premier League's goals two decades ago, compared to 25.9% this season. The decline of traditional center-forwards is further evidenced by the decrease in standout individual striker performances. Between 2007 and 2012, there were four seasons with 10 or more hat-tricks by center-forwards; in the past nine seasons, this threshold has been met only once.The England national team faces a significant challenge with Harry Kane, their all-time leading scorer, approaching retirement. Beyond Kane, the options are limited, with Dominic Solanke and Dominic Calvert-Lewin failing to impress. The lack of quality strikers raises concerns about England's future prospects.Experts attribute the decline of the No 9 to the redefinition of the role and the increased emphasis on possession-based football. Emile Heskey notes that the traditional striker's job has changed, with more focus on creating space for other players. René Meulensteen argues that specialized striker training is essential to develop No 9s, but such training has been neglected in favor of more generalized sessions.However, there is hope that a successful team utilizing a lethal strike partnership could revive demand for traditional No 9s. Dean Whitehouse believes that if a manager starts winning trophies with paired strikers, other teams will follow suit, and the demand for No 9s will return. The abundance of technically gifted players, fostered by initiatives like Gareth Southgate's push for smaller-sided games at youth level, may yet lead to a resurgence of the traditional No 9.
#more #england #league
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