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Aramco’s Q1 Profit Surge Amid Middle‑East ConflictSaudi Arabia’s state oil giant reported a 26% jump in first‑quarter profit, reaching $33.6 bn, while revenue grew nearly 7% to $115.5 bn. The performance was achieved despite attacks on infrastructure and a shutdown of Gulf‑port exports.East‑West Pipeline Keeps Oil Flowing Despite Strait ClosureThe company’s east‑west pipeline, now operating at its maximum capacity of 7 million barrels per day, rerouted crude from the eastern fields to the Red Sea port of Yanbu, sidestepping the blocked Strait of Hormuz.Pipeline capacity: 7 m bpdAlternative route: East coast → Yanbu (Red Sea)Strait of Hormuz: effectively closed since late FebruaryFinancial Upswing: 26% Profit Jump and Revenue GrowthKey financial highlights:Profit: $33.6 bn (+26% YoY)Revenue: $115.5 bn (+7% YoY)Quarterly dividend maintained at $21.9 bn (up 3.5% YoY)Geopolitical Shockwaves: Oil Prices and Market OutlookWith the strait blocked, Brent crude surged to around $100 per barrel, roughly 40% above pre‑conflict levels. CEO Amin Nasser warned that even an immediate reopening would leave the market out of balance for months, and prolonged curtailment could push the normalization timeline to 2027.Future Outlook: Market Rebalancing and Pipeline’s Strategic RoleAramco expects the supply disruption to persist if shipping remains constrained, positioning the east‑west pipeline as a critical hedge against geopolitical risk. The company’s dividend stability and robust cash flow suggest continued capacity to fund Saudi domestic spending, even as the broader energy market navigates uncertainty.

The Lead The 61st Venice Biennale has opened under a cloud of controversy, with protests and resignations marking the event. The Russian pavilion is present despite calls for its exclusion, while the Israeli pavilion has been targeted by protesters. The Event Details The Venice Biennale vernissage began on Tuesday under grey clouds and rain showers, as political tension, parties, and protest dominated proceedings at one of the art world's biggest events. Lubaina Himid, the British entrant, has taken over the UK's pavilion with her large-scale paintings and sound collage that recalls a 'perfect British summer's day'. The Data Analysis More than 200 artists, including Lubaina Himid and Alfredo Jaar, signed an open letter demanding the cancellation of the Israeli pavilion, which opened on Tuesday. The jury – which selects the winner of the Golden Lion prizes – resigned en masse after stating they would not consider entries from countries whose leaders were subject to international arrest warrants (a move that would bar them from including Russia and Israel). The Impact Analysis The Italian ministry of culture confirmed that the Russian pavilion would not be open to the public when the event opens fully on 9 May. However, the work, which comprises flower sculptures, will be visible through the windows. Tetyana Berezhna, a Ukrainian culture minister, told the Guardian that not opening the Russian pavilion to the public was a 'meaningful step' but that the country's 'symbolic presence' was still powerful. The Prediction This year's event is without its curator, Koyo Kouoh, the Cameroonian-Swiss arts leader who died in May 2025. The curatorial team she installed will lead the event, but the absence of Kouoh's vision and leadership may be felt throughout the event.

The Psychedelic Bloom of Olof Dreijer's Solo DebutSwedish producer Olof Dreijer, best known for his work in The Knife and with Fever Ray, has released his debut solo album "Loud Bloom." The album represents a significant departure from his previous work, trading the Scandinavian winter gloom of his collaborations with his sister Karin for a vibrant, sun-drenched soundscape that cranes upwards like flowers toward sunlight.A Garden of Musical DelightsEach track on "Loud Bloom" bears a floral name, creating a cohesive concept of growth and blossoming. Dance music enthusiasts may recognize some tracks from EPs released as early as 2023, but together they showcase Dreijer's distinctive musical accent—identifiable sometimes from just half a second of music. The album's melodies squiggle through the air like a beach ball in a strong breeze, with distorted notes that rear up in surprise or cock their heads quizzically.Global Rhythms and Collaborative SpiritThe album's rhythms draw from diverse global traditions including cumbia, kuduro, dancehall, and techno, complicated with fiendish funk and anti-quantised detailing. Dreijer brings in charismatic guest vocalists from Sudan (MaMan), Colombia (Diva Cruz), and South Africa (Toya Delazy) who go toe-to-toe with these complex beats. This international collaboration creates a rich tapestry of sound that transcends geographical boundaries.A New Chapter in Electronic Music"Loud Bloom" represents a significant evolution in Dreijer's musical journey. While his previous work with The Knife and Fever Ray often carried a Scandinavian winter gloom despite incorporating African-Caribbean-Latin syncopation, this solo album embraces warmth and light. The later tracks on the album shift toward contemplative studies in metal strings and ambient tones, maintaining the same impetuous rhythmic sensibility while exploring new territory.The Future of Dreijer's Psychedelic GardenWith "Loud Bloom," Dreijer has created his own walled garden of psychedelia, conjuring the light and scent of a summer in bloom. This debut solo album suggests that Dreijer will continue to explore the intersection of electronic music with global influences and organic textures. As he establishes his own distinct voice separate from his collaborations with Karin, fans can expect more boundary-pushing work that challenges conventional electronic music production while maintaining accessibility and danceability.

The Rise of Frances Chang's Unique Sound Frances Chang, a Brooklyn-based musician, is gaining attention for her distinctive songwriting style, which is both magnetic and uncanny. Her music is often compared to artists like Cate Le Bon, Astrid Sonne, and Julia Holter. Exploring Chang's Musical Style Chang's songs are characterized by their internal logic, evoking a sense of uncanny domesticity. Her music features casual piano refrains, rainy percussion, and softly flaring synths. Her new single, 'No Avatar,' showcases her conversational and serene vocals. This Week's Best New Tracks Lambchop – Weakened: A simple yet beautiful ballad featuring Kurt Wagner's vocals, backed by guitar, choir, and Justin Vernon on banjo. Silvana Estrada and PabloPablo – Antes de Ti: A elegant song featuring Estrada's cuatro and a liquid, orchestral pivot. Josh da Costa – Proving Me Right: A new wave anthem with a chorus reminiscent of Sparks. Martin Brugger – Knees, Hands, Shoulders, Teeth: Ambient music with softly clanking, mournful sounds and traces of Kentucky post-rock. Bedouine – On My Own: A ballad with classic piano-driven MOR and affecting vocals. Resonant Bodies – Failed Hornpipe for Jacken: A refined and hopeful song featuring nyckelharpa and hammered dulcimer. Liz Lawrence – Exploded Into Flowers: A powerful tribute to her sister, with a robust repeating melody. Discover More New Music Subscribe to the Guardian's rolling Add to Playlist selections on Spotify or transfer it to Apple, Tidal, or other services to explore more new music.

For weeks the fourth floor of an Oakland courthouse has hosted a clash of titans: Elon Musk versus Sam Altman and Greg Brockman over the structure and ownership of OpenAI. Beyond the spectacle of billionaire fanboys, stern judges, and protest banners, the case spotlights how the world’s most valuable AI venture is being contested in a public courtroom. The High-Stakes Showdown Between Musk and OpenAI The lawsuit alleges that Musk was misled when OpenAI, originally a 2015 non‑profit, was later re‑structured into a for‑profit entity that enriched its founders. Musk claims the founders “flipped the script” after receiving his investment, turning a charitable project into a multibillion‑dollar startup. The trial has featured dramatic moments – from the judge ordering Musk to “tell the jury you’re not a lawyer” to his quip about taking “Law 101,” and a series of technical glitches that forced the judge to call on the courtroom’s tech crowd for help. Financial Stakes and Legal Claims in Numbers Musk’s alleged investment: hundreds of millions of dollars (exact figure undisclosed in filings). OpenAI’s valuation: now exceeds $30 billion, making the dispute worth potentially billions of dollars. Legal fees: both sides have already incurred multi‑million‑dollar attorney costs, with the courtroom’s media liaison noting a “30‑person overflow room” filled each day. Trial timeline: began in early April 2026, expected to wrap up within a week after testimony from Microsoft CEO Satya Nadella and OpenAI co‑founder Ilya Sutskever. What the Trial Reveals About Power Dynamics in Silicon Valley The proceedings lay bare the clash between “altruistic” AI ambitions and profit‑driven entrepreneurship. Judge Yvonne Gonzalez Rogers has kept a tight ship, reprimanding both parties for media‑savvy antics and even limiting break times to keep jurors alert. The courtroom atmosphere – billionaire security details, fan‑boy crowds, and protestors with “STOP AI” banners – underscores how AI has become a cultural flashpoint as much as a business asset. Looking Ahead: Possible Outcomes and Their Ripple Effects If the jury finds OpenAI liable, the decision could force a restructuring of equity, trigger massive payouts to Musk, and set a precedent for how early‑stage AI investments are governed. Conversely, a verdict for OpenAI would reinforce the legitimacy of converting non‑profits into for‑profits, potentially encouraging more aggressive fundraising in the AI sector. Either way, the case will influence future venture‑capital contracts, regulatory scrutiny, and public perception of AI’s ethical stewardship.

The Concept of the Garden Stinging nettles, buttercups, broken crockery, fly-tipped flowers and a discarded gnome are not the usual hallmarks of an RHS Chelsea flower show garden. But this year’s On the Edge garden by Sarah Eberle – the most decorated designer at Chelsea – is designed not to look like a garden at all, rather to transport its visitors to the liminal spaces on the outskirts of towns where the countryside begins and nature is in critical need of protection. The Garden's Design and Features The garden is about the fringe lands of towns and cities – and how vulnerable they are to development. There is very much a feel of the countryside to it, but with a town edge coming in, in its plant material. Right at the front is its centrepiece: a fallen mature tree sculpted into a reclining female figure by the chainsaw carver Chris Wood, “a mixture of stone and timber carved from a sequoia that’s fallen on this piece of edgelands”. The Symbolism of the Sculpture The sculpture, which represents Mother Nature or Gaia, the Greek goddess of the Earth, is intended to evoke the peacefulness and vulnerability of green belts and other countryside that surround urban centres. Its arm touches rainwater collected in a gravel pool and its willow hair flows into a dry stone wall that winds through a landscape dotted with native trees such as hornbeam, field maple and hawthorn. The Planting Scheme The planting scheme includes lots of wildlife-friendly native plants that are typically viewed as weeds, such as buttercup, wild strawberry, purple foxglove, cow parsley and stinging nettles. “There is beauty in our ordinary, native landscapes and the plants you find there – and a weed is only a plant in the wrong place,” said Eberle. The Impact of the Garden Eberle hopes the garden will help to convey how fragile, scrappy patches of countryside on the edges of towns and cities can serve as important sanctuaries for wildlife and urban communities. “If we look after these spaces, they can be good for nature and good for people,” she said.

The Diplomatic Overlap in BeijingIranian Foreign Minister Abbas Araghchi met his Chinese counterpart Wang Yi in Beijing on Wednesday, signaling a critical juncture in the US-Iran war. The visit comes as efforts to broker a peace deal accelerate, particularly following the United States president's announcement of a pause on attempts to forcibly open the Strait of Hormuz.Economic Stakes in the Strait of HormuzThe timing of the meeting underscores the immense economic pressure driving the diplomatic push. The disruption to shipping through the strait, which handles roughly one-fifth of the world's oil and gas, has sent shockwaves through the global economy. For China, which relies heavily on Gulf energy flows, the blockade poses a direct threat to its economic stability and trade routes.China’s Delicate Balancing ActThroughout the conflict, China has navigated a complex geopolitical tightrope. While Wang Yi condemned US and Israeli military actions as "illegitimate," Beijing has stopped short of fully endorsing every Iranian move. China has vetoed UN Security Council efforts to condemn Iran and resisted US sanctions on Chinese firms purchasing Iranian oil, all while urging regional stability.The Window for Diplomatic BrokerageAnalysts suggest the coming days are critical for China to leverage its unique position. With a draft UN resolution reportedly revised to secure Russian and Chinese support, Beijing has a rare opportunity to position itself as a global diplomatic broker. A successful intervention would not only stabilize the region but also grant China greater influence among Gulf energy producers and enhance its image as a credible peacemaker.

The Geopolitical Oil Shock: Winners and Losers in Africa's Energy MarketThe outbreak of war between the United States and Israel and Iran has triggered what the International Energy Agency (IEA) describes as the most severe oil supply shock in history. This geopolitical escalation has fundamentally altered the economic landscape of the African continent, creating a dichotomy between resource-rich nations enjoying windfalls and import-dependent states grappling with spiralling inflation.The Human Cost of the Strait of Hormuz CrisisThe immediate impact of the conflict is most visible in the daily lives of ordinary citizens in import-dependent nations. In Kenya, motorcycle taxi driver Eric Wainaina has seen his livelihood decimated. Before the war, he covered up to 180km a day; now, rising fuel costs have cut his daily range in half, slashing his monthly income by 50 percent.Reduced Mobility: Wainaina can no longer work six days a week due to high petrol prices.Fare Adjustments: To survive, he has had to significantly increase fares, yet he is seeing fewer than 10 customers a day compared to the usual 20 to 30.Living Standards: Wainaina warns that his family may be forced to move to ancestral land in the rural hinterlands to survive.The crisis has pushed Kenya to seek a loan of up to $600m from the World Bank to shield its economy. The price of diesel in the country has surged by 24 percent to approximately $1.60 per litre, a cost that is rapidly becoming unsustainable for businesses and commuters alike.Quantifying the Energy DivideThe economic fallout is not uniform across the continent. While importers suffer, exporters are reaping significant financial rewards.Nigeria's Windfall: As Africa's largest oil producer, Nigeria has benefited immensely. Vanguard reports that Nigerian oil companies have earned a $4bn windfall, with Bonny Light crude prices rising by 66 percent from about $70.14 to an average of $116.84 per barrel.Global Production Drop: Goldman Sachs estimates the disruption in the Strait of Hormuz has reduced global oil production by 14.5 million barrels per day, equivalent to a 57 percent decline.Resource Scarcity: Nations with few energy reserves are facing mounting deficits, while oil-rich nations are seeing increased cash flow for infrastructure investments.Africa's Structural Refining DeficitThe disparity in impact highlights a deeper structural issue within the African energy sector. Despite holding roughly 12 percent of the world's oil reserves, the continent imports more than 70 percent of its refined fuel. The Africa Finance Corporation (AFC) warns of an 86-million-tonne fuel shortfall by 2040.This reliance on imported refined products leaves nations like Kenya exposed to global market volatility. The continent struggles with insufficient refining capacity, often exporting low-value crude while importing high-value refined products, a paradox that exacerbates the economic pain of supply shocks.Navigating Geopolitical VolatilityLooking ahead, the future for African nations will likely depend on their ability to diversify energy sources and manage diplomatic relationships. While Gulf states have committed $175bn to renewable energy projects in Africa, and China remains a major green energy investor, the immediate future remains tied to hydrocarbon markets.Analysts suggest that despite the hardships caused by the Iran war, African nations are unlikely to sever ties with the West. With the renewal of the African Growth and Opportunity Act (AGOA) and bilateral health strategies with the US, countries are expected to continue balancing their energy needs against their diplomatic and economic alliances.

The Harsh Reality of Motherhood in Gaza On May 10, many flowers and boxes of chocolates will be gifted to mothers in the United States, Canada, and elsewhere. However, in Gaza, 22,000 women have been killed in two and a half years, and many children dread this special day because it reminds them of intolerable pain. The Impact of Genocide on Gaza's Mothers The genocide has brought immense suffering to Gaza's mothers. Maternal death rates during childbirth increased threefold during the genocide, with 220 Palestinian women dying while giving birth in Gaza between January and June 2025. The famine has disproportionately affected pregnant and breastfeeding women, putting them and their children at risk of death and various health complications. The Personal Story of Struggle The author's mother, Najat, is suffering from cancer, which was diagnosed late. On Mother's Day, she did not wear her finest clothes and did not join the family for a special meal. She was frail and worn down after undergoing chemotherapy. The author silently prayed that her mother would remain with her a little longer, holding back tears to avoid adding to her mother's pain. The Burden of Survival More than 22,000 women have lost their husbands and are now forced to be both mothers and fathers to their children, carrying the excruciating task of survival amid a genocide. Many mothers have to live with the constant pain of losing their children in Israeli attacks; more than 21,000 of the victims of the genocide were children. The Lack of Medical Care Israel has made sure that Gaza's mothers are not getting the treatment they need. The Israeli army has bombed all hospitals in Gaza and destroyed the only specialized oncological hospital. This has meant that cancer and chronic illness patients are not receiving proper treatment, and regular checkups that can catch diseases in early stages are not possible. The Uncertain Future The author's mother needs radiation therapy, which is not available in Gaza. She has been given a medical referral, which has not been approved yet. She is one of 20,000 Palestinians in Gaza in urgent need of evacuation, which has been purposefully made brutally slow. The author's mother may not survive, and her suffering, along with that of many other Gaza mothers, will go unseen.