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The US stock market closed on Friday with a significant selloff, sending the Dow into correction territory and marking the fifth consecutive week of declines. The Dow fell 800 points, while the Nasdaq index dropped another 2% and the S&P; 500 closed 1.6% lower.Oil prices continued to rise, with Brent crude surging past $110 a barrel. Despite Donald Trump's announcement of extending a pause on Iranian energy strikes, markets remained on edge. Trump has suggested that oil prices and the stock market will stabilize once the conflict ends, but it's unclear if markets will believe him.Consumer sentiment in the US has also declined, with a 6% drop in March, according to a University of Michigan survey. This decline was observed across all age groups, political parties, and income levels. Inflation expectations rose from 3.4% to 3.8%, the largest one-month increase since last April.The Organization for Economic Cooperation and Development (OECD) revised its global GDP growth projections downward, citing the Iran conflict as a significant source of uncertainty. The report warned of higher global inflation due to the spike in energy prices and noted that the Middle East conflict would disproportionately affect the UK's economy.

US markets witnessed a significant downturn on Thursday, marking their biggest slump since the onset of the US-Israel war with Iran. The Dow closed 450 points down, while the S&P 500 dipped 1.7%. The tech-heavy Nasdaq fell 2.3%, plunging into correction territory, which occurs when an index falls at least 10% below its most recent peak. The conflict has led to a surge in oil prices, reaching levels not seen since Russia's invasion of Ukraine in 2022. At the end of the day on Thursday, Brent crude oil, the global benchmark, was about $107 a barrel, while US crude hit $93 a barrel. Average US gas prices at the pump reached $3.98 a gallon, according to AAA. Despite the soaring prices, Donald Trump said that oil prices “have not gone up as much as I thought” during a cabinet meeting on Thursday. He predicted that prices would “come back down to where it was, and probably lower,” and that the impact on the stock market would reverse once the conflict ends. Markets have been growing weary of Trump's mixed signals on the US's stance in negotiations with Iran. Stocks dipped on Thursday morning after Trump posted a warning to Iranian negotiators that they “better get serious, before it’s too late.” However, later in the morning, Trump said that there were “very substantial talks” happening with Iran and that the country allowed 10 oil tankers to pass the blocked strait of Hormuz. The White House announced it will extend a pause on Iranian energy infrastructure strikes by 10 days, until 6 April. A new report estimates US inflation will average 4.2% this year, compared with an average of about 2.6% in 2025, according to the Organization for Economic and Cooperation and Development (OECD). The increase in inflation reverses what was expected to be strong growth for the global economy before the conflict began.

In 2025, England's rivers and seas were hit by 291,492 instances of raw sewage discharge from storm overflows, a 35% reduction from the previous year. The discharges lasted for 1.8 million hours, a significant decrease from almost 4 million hours in 2024. The Environment Agency (EA) reported that some water companies achieved reductions of over 60% and 70% compared to the previous year. However, campaigners argue that the discharges, which are only supposed to occur in extreme weather conditions, are still too frequent and harmful to the environment. Richard Benwell, chief executive of Wildlife and Countryside Link, stated, 'When sewage is pouring out even in a dry year, you really know the system is broken.' He emphasized that rivers, lakes, and seas should not be used as pressure valves for pollution. The water industry acknowledged that dry conditions contributed to the reduction in discharges but also cited record levels of investment in the system. Water UK stated that the industry aims to halve spills over the next five years by building bigger storm tanks and expanding capacity at sewage treatment works. Michelle Walker, technical director for the Rivers Trust, highlighted that many discharges occur on dry days and are therefore illegal. She warned that the impact of these discharges will be more concentrated and damaging in already stressed ecosystems. The government and water companies face criticism for the ongoing pollution. Water minister Emma Hardy said there is still an unacceptable amount of sewage entering waterways and a long way to go in cleaning up rivers, lakes, and seas.

Europe is bracing for a potential energy crisis, with fuel rationing possible as early as April if the Strait of Hormuz, a critical passage for oil and gas supplies, remains closed. Shell's CEO, Wael Sawan, issued this stark warning at a major oil industry conference in Texas, highlighting the escalating risks to global energy supplies.The crisis, now in its fourth week, has already led to energy rationing in Asian countries and significant price hikes for jet fuel, which has doubled in price since the start of the conflict. Sawan predicts that diesel and petrol will come under pressure next, particularly as the summer driving season begins in the US and Europe.Oil prices have fluctuated, dipping back to about $100 a barrel on Wednesday after reaching highs of around $114 earlier in the week. These developments have raised concerns about the potential for a prolonged global economic recession if oil prices continue to rise, with some predictions suggesting they could hit $150 a barrel.Larry Fink, CEO of BlackRock, the world's largest asset manager, warned of profound implications for the world economy if the conflict continues to drive up oil prices. He outlined two possible scenarios: one where the conflict resolves quickly, allowing oil prices to return to pre-crisis levels of about $70 a barrel, and another where prices remain high for years, potentially leading to a stark and steep recession.Germany's economy minister, Katherina Reiche, also spoke at the conference, cautioning that energy supply scarcity could occur in late April or May if the conflict continues. She criticized Germany's decision to phase out nuclear energy and emphasized the need for greater imports of gas via super-chilled tankers from overseas.

A newly expanded policy from the Trump administration could require travelers from five World Cup-qualified African countries to post a bond of up to $15,000 in order to enter the United States for the tournament.Visa bonds function as security deposits: a one-time payment that is meant to be refunded after a traveler exits the US under the terms of their visa. The amounts typically range between $5,000 and $15,000, and are required for passport holders from certain countries to enter the US legally under B-1 or B-2 visas, which are necessary for business travelers or tourists.The US State Department has mandated these bonds since launching a pilot program in late 2025, targeting many of the same countries affected by the Trump travel ban along with others – predominantly nations from Africa, the Middle East, Latin America and parts of Asia. Last week, the state department announced an expansion of the program, with visitors from 50 countries now required to submit the deposits if requested by US consular officials.Among those 50 countries, five have qualified for the World Cup, all from Africa: Algeria, Cape Verde, Côte d'Ivoire, Senegal and Tunisia. Though refundable, the cost of the bonds alone is sufficient to make travel to the US prohibitively expensive for most fans from these nations, where average annual income levels are approximately $5,000 per year or less. Tunisia is scheduled to play one group-stage game in the US with the other two in Mexico. Senegal and Côte d'Ivoire will play twice in the US and once in Canada. Algeria and Cape Verde will compete in all three of their group-stage matches in Mexico.Even if affordable for some supporters, the multi-thousand dollar requirement adds another significant complication for fans from these countries, including exorbitant ticket prices for the games themselves, hotel rates far above average, plus additional visa processing delays and potential safety concerns created by the presence of federal immigration officers from ICE and other agencies in US cities.It remains unclear which entities, if any, will be exempt from the visa bonds. While Trump's travel bans contain exemptions for athletes and officials participating in major sporting events like the World Cup, the visa bonds program contains no such provision.The 2026 World Cup is scheduled to commence on June 11, with the final taking place on July 19 at MetLife Stadium in East Rutherford, New Jersey.

According to a report by IQAir, a Swiss air quality monitoring firm, Pakistan was the world's smoggiest country in 2025 with concentrations of hazardous fine particles known as PM2.5 up to 13 times higher than the World Health Organization's (WHO's) recommended level.The report, which sourced data from 9,446 cities in 143 countries, regions and territories, found that only 13 countries and territories managed to keep their average fine particulate levels below the WHO guideline, an increase from seven in 2024.Pakistan's PM2.5 level was 67.3 microgrammes per cubic metre, significantly exceeding the WHO standard of 5 microgrammes per cubic metre. In comparison, Pakistan's average PM2.5 concentration in 2024 was 73.7 microgrammes.Prolonged exposure to PM2.5 has been linked to higher likelihoods of neurodegenerative conditions, including dementia, Parkinson's disease and Alzheimer's disease.Bangladesh and Tajikistan ranked second and third on IQAir's list of the most polluted countries while Chad, statistically the smoggiest country in 2024, was in fourth place in 2025.The report also noted that Loni, a city in northern India, was identified as the world's most polluted city in 2025 with average PM2.5 levels of 112.5 microgrammes per cubic metre.Globally, only 14 percent of cities met the WHO air quality standard in 2025, down from 17 percent a year earlier. The report highlighted that wildfires, driven by climate change, were a key factor behind worsening global air quality in 2025 as record levels of biomass burning in Europe and Canada released about 1,380 megatonnes of carbon.

The ongoing conflict in Gaza has led to a devastating impact on the daily lives of Palestinians, with severe fuel and gas shortages crippling the enclave. The destruction of Gaza's public power network during Israel's war has forced residents to rely on private generators, which have become increasingly expensive.The cost of electricity has risen sharply, with the price per kilowatt-hour increasing from about 2.5 shekels ($0.80) to between 20 and 30 shekels ($7 and $10) – nearly 10 times higher. This surge in prices has placed electricity beyond the reach of many households, forcing them to seek alternative, often inadequate, solutions.Abdullah Jamal, a baker, is one of the many Palestinians struggling to cope with the crisis. He has resorted to using wood to bake bread for displaced families living nearby, highlighting the desperate measures people are taking to survive.The gas crisis has been ongoing for over two years, with limited quantities of gas being allowed into the enclave. Each family receives only 8kg (17lbs) of gas every two to three months, leading to rationing and fears of supply cut-offs.Fuel prices remain volatile, with diesel prices roughly triple their pre-war levels. The shortage of fuel and gas has disrupted the economic and service sectors, with some facilities forced to operate by buying gas originally allocated to stations or households.According to Gaza government data, Israeli authorities have only allowed 1,190 fuel trucks into the enclave out of the 8,050 expected since the ceasefire began, a compliance rate of just 14.7 percent. The territory requires between 350 and 400 cooking gas trucks per month, as well as 15 million litres (4 million gallons) of diesel and 2.5 million litres (660,000 gallons) of gasoline.The humanitarian crisis in Gaza continues to worsen, with over 75,000 Palestinians killed and more than 2 million people facing overlapping crises affecting all aspects of life. The situation remains dire, with hopes of improvement dependent on Israeli procedures controlling the crossings into Gaza.

Francesca Albanese, the UN's special rapporteur on the rights situation in Palestinian territory occupied since 1967, has made a scathing accusation against the international community, stating that they have implicitly condoned Israel's torture of Palestinians. According to Albanese, life in the occupied Palestinian territory has become a 'continuum of physical and mental suffering.'In her latest report to the UN Human Rights Council, Albanese asserted that torture has become a state policy in Israel, with the occupied territory experiencing a regime of organised humiliation, pain, and degradation sanctioned at the highest political levels. She described how mass displacement, siege, denial of aid and food, and unrestrained military and settler violence have created a space of collective punishment.The report titled 'Torture and genocide' detailed that torture is not confined to cells and interrogation rooms but is a pervasive aspect of life in the occupied territory. Albanese called on UN member states to prevent and punish acts of torture and genocide and uphold international law, warning that tolerance for such acts against Palestinians would strip the law of its meaning.Albanese's statements have drawn backlash from Israel and the United States, with Israel labelling her an 'agent of chaos' and accusing her of antisemitism and Holocaust distortion. Despite this, Albanese remains a vocal critic of Israeli actions in the occupied West Bank and Gaza.Recent statistics highlight the severity of the situation: at least 72,263 people killed and 171,944 injured in Israeli attacks on Gaza since October 7, 2023, and over 18,500 Palestinians arrested in the occupied West Bank since October 2023, including at least 1,500 children.

The escalating geopolitical tensions in the Middle East have triggered a worldwide energy crisis that is affecting lives far from the conflict zones. Alagesan, 35, a small business owner in Coimbatore, India, faces the potential collapse of his roadside drink and snack shop due to an acute shortage of liquefied petroleum gas (LPG) caused by the conflict."I am far away from the Middle East, but my life is affected," Alagesan stated. "The gas cylinder is not available because of the war. I don't know what to do."The closure of the Strait of Hormuz – through which one-fifth of the world's oil travels – has created a critical supply disruption, pushing international oil prices to approximately $100 per barrel. This surge is translating into higher costs for gasoline, petrol, and numerous consumer goods, placing significant pressure on households and economies globally.In response to the crisis, the International Energy Agency (IEA) has issued a series of recommendations including remote work where feasible, reduced highway speed limits, shifting from private vehicles to public transportation, carpooling, electric cooking alternatives, and avoiding non-essential air travel."The war in the Middle East is creating a major energy crisis, including the largest supply disruption in the history of the global oil market," stated IEA Executive Director Fatih Birol. "In the absence of a swift resolution, the impacts on energy markets and economies are set to become more and more severe."Individuals worldwide are implementing various coping strategies in response to fuel shortages and price increases. Many have restricted driving to essential journeys only, increased cycling, and utilized public transportation more frequently.In regions with cooler climates, heating oil usage has been drastically curtailed due to "skyrocketing prices," with some households heating only single rooms, burning wood, and adding extra layers of clothing. Others have cancelled vacations, citing inappropriate fuel consumption during heightened demand.While some expressed relief at having electric vehicles and solar panels providing "control" over their energy sources, many with limited public transport options have no alternative but to continue driving to work and essential activities, forcing difficult budget adjustments elsewhere.In India, where 60% of LPG is imported and 90% of it passes through the Strait of Hormuz, the crisis has led to severe rationing. Gangesh, 57, from Kerala, reported "most hotels are suffering the worst shortage" with "a large number of eateries shutting down leading to unemployment." One woman noted a "35-day wait for the next instalment of gas cylinders."The personal stories of adaptation continue across continents. Sue, 73, in the UK has "banned" car use except for hospital trips, opting for bicycles and a tricycle instead. Katie, 71, in Massachusetts faces impossible choices between food and gasoline for her son's essential medical care, requiring 100-mile round trips."We now consider carefully almost every mile we must drive and are trying to cut back expenses every way we can," Katie explained.In the UK, where an estimated 1.7 million households rely on heating oil, and in Northern Ireland where it serves as the primary heating source for nearly two-thirds of households, the crisis has reached critical levels. David in Londonderry expressed concern about "additional and immediate increases" in fuel costs, particularly for those with respiratory conditions requiring stable temperatures.Anne*, 50, in Perthshire, Scotland, saw the price of 1,000 liters of paraffin jump from £600 to £1,450, forcing her family to use firewood cut from fallen trees instead. "It's laborious work," she noted. "Hot-water bottles are also good. Very old school."Amanda*, 48, in Devon, UK, has only about three weeks of heating oil remaining: "I have had to turn it off as I do not have the extra money to pay the current prices. It's difficult because you obviously want to keep them [her sons] warm, and you feel guilty that you can't provide for them."Meanwhile, Alex, 46, in New South Wales, Australia, has reduced driving and increased public transport use, not only due to rising costs but also to avoid "panic buying" that could leave her without fuel. "War isn't about security or defending borders. War is what greed looks like in public," she reflected.