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Politics Apr 13, 2026

Oil Prices Soar Above $100 as US Imposes Strait of Hormuz Blockade

Oil prices surged above $100 a barrel after the US imposed a blockade on the Strait of Hormuz, a cr…
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.
#United States #Iran #Strait of Hormuz
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Tech Apr 13, 2026

Apple's 2027 Smart Glasses: A Strategic Shift Toward Simplicity

Apple is reportedly pivoting from high-end AR to consumer-friendly camera glasses, testing four dis…
The Pivot from Vision Pro to Everyday WearablesApple is reportedly preparing to enter the smart glasses market with a product launch targeted for 2027, signaling a significant strategic shift away from its ambitious mixed reality ambitions.Four Distinct Design PrototypesRectangular Frames: Ranging from large to slim, potentially mimicking the style of CEO Tim Cook.Oval/Circular Frames: Available in both larger and smaller sizes.Color Options: Black, ocean blue, and light brown.A Strategic Retreat from High-End ARThis move represents a retreat from the complex Vision Pro ecosystem, which faced delays and lukewarm reception. Instead, Apple is betting on a simpler form factor similar to Meta’s Ray-Ban glasses.The 2027 Roadmap: Simplicity Over ImmersionThe upcoming device will lack displays, focusing instead on camera lenses for photos, videos, calls, and music. It will also integrate with the long-promised Siri upgrade, aiming to capture the mainstream market rather than the niche enthusiast base.
#Apple #Mark Gurman #Meta
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World Economy Apr 12, 2026

Three VLCCs Traverse Strait of Hormuz Amid Fragile US‑Iran Ceasefire, Easing Oil Supply Strain

During the tentative two‑week ceasefire between the United States and Iran, three supertankers carr…
Three Very Large Crude Carriers (VLCCs) successfully navigated the Strait of Hormuz on Saturday, marking a rare movement of oil cargoes amid the fragile truce between the United States and Iran.The vessels – the Liberia‑flagged Serifos, and the China‑flagged Cospearl Lake and He Rong Hai – each can transport about 2 million barrels of crude, collectively representing a significant volume for a waterway that channels roughly 20% of the world’s oil and LNG shipments.According to data from the London Stock Exchange Group (LSEG) and analytics firm Kpler, the Serifos is chartered by Thailand’s state‑owned energy firm PTT. Loaded with Saudi and UAE crude in early March, it is slated to dock at Malaysia’s Malacca Port on April 21.The other two carriers, Cospearl Lake and He Rong Hai, are chartered by Unipec, the trading arm of Chinese energy giant Sinopec. Cospearl Lake, carrying Iraqi oil, is expected to reach China’s Zhoushan port on May 1, while the destination for He Rong Hai remains undisclosed.Earlier, a tanker named Ocean Thunder, chartered by a Petronas subsidiary, also transited the strait, underscoring a gradual, albeit limited, resumption of traffic.Despite these movements, hundreds of tankers remain stranded in the Gulf, awaiting clearance during the two‑week ceasefire. Their prolonged idling continues to pressure global energy prices, which have surged since Iran’s blockade began in late February.In addition to the loaded vessels, three empty tankers – Mombasa B, Agios Fanourios I, and Shalamar – were observed heading into the strait on Sunday to load fresh cargoes. Notably, Agios Fanourios I signaled a route to Iraq’s Basrah fields to pick up crude destined for Vietnam.Management firms such as Eastern Mediterranean Maritime, Cmb.Tech NV, and Pakistan National Shipping have not provided comments on the recent transits.While the passage of these three supertankers offers a modest relief to the global oil supply chain, the overall situation remains precarious. The continuation of the ceasefire and the resolution of Iran’s blockade will be critical determinants of oil market stability in the weeks ahead.
#iran #vlcc #ptt
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Politics Apr 12, 2026

US-Iran Peace Talks Collapse in Islamabad After 21‑Hour Stalemate, Tehran Rejects Washington’s Terms

After 21 hours of high‑level negotiations in Islamabad, the United States and Iran failed to secure…
The United States and Iran left Islamabad without a peace deal, ending the most senior diplomatic encounter between the two nations since the 1979 Islamic Revolution. Vice President JD Vance, who led the U.S. delegation, told reporters that Tehran "refused to accept our terms" after a marathon 21‑hour session. Vance emphasized that the United States requires a "fundamental commitment" from Iran not to pursue nuclear weapons or the associated delivery systems. "We need an affirmative pledge that they will not seek a nuclear weapon, and they will not seek the tools that would enable them to quickly achieve a nuclear weapon," he said. Iran’s Ministry of Foreign Affairs, represented by spokesperson Esmaeil Baghaei, cautioned that no one expected a single‑session resolution. "Naturally, from the beginning, we should not have expected to reach an agreement in a single session," he told state broadcaster IRIB, adding that Tehran remains "confident that contacts with Pakistan and other regional friends will continue." Pakistan called on both parties to honor the ceasefire and pursue a durable peace. Foreign Minister Ishaq Dar expressed gratitude for the mediation efforts, stating, "We hope the two sides continue with a positive spirit to achieve durable peace and prosperity for the entire region and beyond." The stalled talks occur against the backdrop of a war that began on February 28, when the United States and Israel launched a campaign against Iran. The conflict has since spread across the Middle East, causing over 2,000 fatalities and extensive damage to both military and civilian infrastructure. One of the war’s most destabilizing effects has been a global energy crisis, as Iran tightened control over the Strait of Hormuz—a chokepoint through which roughly 20 % of the world’s oil and gas exports flow. The delegations, led by Vance for the United States and Iranian Parliament Speaker Mohammad Bagher Qalibaf, also discussed how to sustain a ceasefire that is already under strain from deep disagreements and Israel’s ongoing attacks on Hezbollah in Lebanon.
#United States #Iran #Islamabad
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News Apr 12, 2026

Hungary's Orban Faces Crucial Election Test as Opposition Gains Momentum

Hungarian Prime Minister Viktor Orban faces his toughest election challenge in 16 years as oppositi…
Hungarians are casting their votes in a parliamentary election that could mark a significant shift in the country's political landscape. Incumbent Prime Minister Viktor Orban, a eurosceptic nationalist, is facing his biggest electoral challenge after 16 years in power.The election for the 199-seat parliament began at 6am local time (0400 GMT) and is set to close at 7 pm (0500 GMT). Opinion polls over the last two weeks have shown Orban's Fidesz party trailing Peter Magyar's upstart centre-right opposition Tisza party by 7-9 percentage points, with Tisza at around 38-41 percent.Orban has framed the election as a choice between 'war and peace', warning that Tisza's victory could drag Hungary into Russia's war with Ukraine. However, many Hungarians have grown weary of Orban's 16-year rule, citing economic stagnation, soaring living costs, and reports of oligarchs close to the government accumulating wealth.A 24-year-old Budapest resident, Kriszta Tokes, expressed her concerns, stating, 'I am very excited but also very scared... I know that my future depends on this.' She added that she plans to leave Hungary if Orban wins.Despite the challenges, Orban remains optimistic, telling supporters in his birthplace Szekesfehervar, 'If we know ourselves well, if we know our country well and if we know our own people well, then I must say Hungarians will vote for safety on Sunday.'
#orban #hungary #election
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Environment Apr 12, 2026

England earmarks £1 million to reintroduce golden eagles after 150‑year gap

A new Forestry England study identifies eight northern English zones suitable for golden eagle reco…
“The world is grown so bad that wrens make prey where eagles dare not perch,” wrote Shakespeare in *Richard III*. The line now echoes a hopeful development: the iconic golden eagle could once again soar over England after more than a century and a half of absence. The golden eagle, a bird with a wingspan of roughly 2 metres, was a common sight in Shakespeare’s England, yet it has been effectively extinct in the country since the death of the last native individual in 2015. Centuries of persecution by gamekeepers and farmers, who feared predation on lambs and game birds, drove the species to the brink. A feasibility study commissioned by Forestry England and released on Sunday pinpoints eight potential “recovery zones”—predominantly in northern England—where the habitat could sustain a viable eagle population. The report cautions that establishing breeding pairs may take **more than a decade**. In response, Environment Secretary Emma Reynolds announced an additional £1 million in species‑recovery funding. The money will underwrite a programme that could see juvenile eagles, aged six to eight weeks, released into the wild as early as next year. Reynolds said, “This government is committed to protecting and restoring our most threatened native wildlife – and that includes bringing back iconic species like the golden eagle. Backed by £1 million of government funding, we will work alongside partners and communities to make the golden eagle a feature of English landscapes once again.” Across the border, golden eagle numbers in southern Scotland have surged to record levels thanks to a major restoration project. Satellite tracking shows that some translocated Scottish birds are already venturing into northern England, offering a natural source of future colonisers. The new funding will support these cross‑border movements and enable targeted reintroductions. While experts anticipate that golden eagles could be regularly observed across northern England within 10 years, establishing a self‑sustaining breeding population will require a longer horizon. Mike Seddon, chief executive of Forestry England, explained, “The detailed findings of our feasibility study will guide us, with our partners at Restoring Upland Nature, to take the next steps toward recovering golden eagles in northern England. This DEFRA funding means we can build on the good work we have begun, engaging local communities, landowners and conservation organisations.” The £1 million allocation forms part of a broader £60 million species‑recovery fund announced by DEFRA. It aligns with the UK’s legally binding commitment to halt the decline in species abundance by 2030 and to reduce extinction risk by 2042 relative to 2022 levels.
#england #scotland #defra
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Technology Apr 12, 2026

Artemis II Astronauts Return to Earth After Record-Breaking Moon Flyby

The Artemis II astronauts, including Reid Wiseman, Victor Glover, Christina Koch, and Jeremy Hansen…
The Artemis II astronauts received a thunderous welcome home on Saturday after completing a record-breaking flyby of the moon. The crew of four, consisting of commander Reid Wiseman, pilot Victor Glover, Christina Koch, and Canada's Jeremy Hansen, arrived at Ellington Field near NASA's Johnson Space Center and Mission Control in Houston. During their nearly 10-day mission, the astronauts voyaged deeper into space than the moon explorers of decades past, reaching a maximum distance of 252,756 miles (406,771km) from Earth. They also captured views of the lunar far side never witnessed before by human eyes. The mission revealed a new side of our planet with an Earthset photo, showing our blue marble setting behind the gray, pockmarked moon. Koch described the experience, saying, "Honestly, what struck me wasn’t necessarily just Earth, it was all the blackness around it. Earth was just this lifeboat hanging undisturbedly in the universe," Koch said. "Planet Earth, you are a crew." The homecoming was poignant, as they returned to NASA's Houston base on the 56th anniversary of the launch of Apollo 13. The Artemis II mission is a crucial step towards NASA's goal of landing astronauts on the moon by 2028. Wiseman issued a rallying cry to the rows of blue-flight-suited astronauts at Saturday's celebration, saying, "It is time to go and be ready – because it takes courage. It takes determination, and you all are freaking going and we are going to be standing there supporting you every single step of the way in every possible way possible."
#you #artemis #moon
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Sports Apr 12, 2026

Birmingham's 2-0 Win Over Wrexham Slashes Playoff Hopes and Delays Promotion Quest

Birmingham City secured a 2-0 victory at St Andrew’s, delivering a severe setback to Wrexham’s chas…
Birmingham City defeated Wrexham 2-0 at St Andrew’s, a result that pushes the Red Dragons further from the Championship playoff places. The loss leaves Wrexham four points behind sixth‑placed Hull City with only four games remaining.After a 5-1 drubbing by Southampton, the defeat marks Wrexham’s first back‑to‑back losses since August. Manager Phil Parkinson tried to steady the mood, saying, “We’ve had a tough week, but we’re not down and out yet. People may write us off, but inside the dressing room we’re still fighting.”Goals came from Carlos Vicente, who headed in his third goal for Birmingham since joining in January, and Christoph Klarer, who added a second‑half strike to seal the win.Wrexham’s attack was virtually silent – they failed to register a single shot on target, and goalkeeper James Beadle had little to do. In contrast, Birmingham’s keeper Arthur Okonkwo made several first‑half saves, keeping the hosts in control.The victory gave Birmingham their first win in over a month and lifted them to 15th place in the league table. The hosts dominated possession, forcing early saves from Okonkwo and creating chances for Ibrahim Osman and August Priske, though those early efforts were thwarted.In the second half, a well‑timed delivery from Kai Wagner allowed Vicente to rise highest at the far post and head home. Later, a corner from Paik Seung‑ho found Klarer, who muscled past Max Cleworth and finished confidently.Substitutes Josh Windass and Nathan Broadhead were introduced by Parkinson in a bid to spark Wrexham’s attack, but the visitors could not muster any meaningful threat in the final quarter.Birmingham manager Chris Davies praised his side’s performance: “We were excellent throughout. When the opposition doesn’t have a shot on your goal and you score two – we could have scored five – that’s everything.”
#birmingham #wrexham #but
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Sports Apr 12, 2026

Wout van Aert Ends Decade-Long Paris‑Roubaix Curse, Outsprints Tadej Pogacar for First Victory

Belgian rider Wout van Aert shattered a ten‑year jinx by winning the 2026 Paris‑Roubaix, beating wo…
Wout van Aert broke a ten‑year drought at the Paris‑Roubaix on Sunday, out‑sprinting world champion Tadej Pogacar in one of cycling’s toughest cobbled classics. Both Van Aert and Pogacar suffered punctures during the race, as did their fellow Belgian rival Mathieu van der Poel, who endured two mechanical issues and was unable to contest the final sprint. Van Aert’s victory secured his second Monument title, following his 2020 Milan‑San Remo win. After neutralising Pogacar’s repeated attacks on the cobbles, Van Aert unleashed a decisive burst of speed on the Roubaix Velodrome, crossing the line ahead of the world champion. Jasper Stuyven completed the podium, finishing 13 seconds behind the winner. Van der Poel, who was chasing a fourth consecutive Paris‑Roubaix triumph, fell to fourth place after a mechanical problem on a treacherous sector cost him more than two minutes. “It’s everything to me, it’s been a goal since I first did this race. I stopped believing a lot of times but I would start believing again the next day,” Van Aert said, reflecting on the personal significance of the win after years of bad luck in the “Queen of the Classics.” The Visma‑Lease a Bike rider dedicated his victory to former teammate Michael Goolaerts, who tragically died after a cardiac arrest in the 2018 edition of the race. “Arriving for a final sprint with the world champion and beating him in a sprint is very special,” he added. Pogacar entered the race after clinching the first two Monument classics of the season – the Milan‑San Remo and the Tour of Flanders – and was aiming to become the first Tour de France champion to win Paris‑Roubaix since Bernard Hinault in 1981.
#Wout van Aert #Paris‑Roubaix #Tadej Pogacar
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