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AI summaryUN Secretary-General António Guterres has called for the immediate reopening of the Strait of Hormuz, warning that continued closure could push tens of millions into poverty, exacerbate global hunger, and tip the world toward recession. His remarks come as diplomatic efforts to resolve US-Iran tensions continue.
AI summaryPresident Trump hosted the Artemis II crew at the White House, celebrating their historic lunar mission. The event, covered from different angles by international media, highlighted praise for the astronauts while raising questions about NASA's future direction and touching on unrelated policy matters.
AI summaryAs the 60-day deadline set by the War Powers Resolution approaches for the US-Iran conflict, President Trump asserts he does not need congressional authorization to continue military operations, while lawmakers explore legal challenges. The deadline, which falls on May 1, has sparked debate over the limits of presidential war powers and the role of Congress.
AI summaryThe U.S. Senate has again rejected a Democratic-led war powers resolution aimed at limiting President Trump's military actions against Iran, with three Republicans crossing party lines to support the measure. The vote comes as the administration argues the 60-day deadline under the War Powers Act is paused due to a ceasefire, a claim disputed by critics.
AI summaryUS Secretary of War Pete Hegseth dismissed reports that the administration plans to request $200 billion for operations against Iran, stating that any request would be less than $25 billion for Iran operations, with most funds going to replenish munitions. The Washington Post had reported figures of $200 billion and later $80-100 billion, but Hegseth denied the larger sum.
AI summaryRussian Deputy Prime Minister Alexander Novak says the global oil market is in deep crisis, with 10-12 million barrels per day not reaching buyers and about 600 million barrels lost since the conflict began. He warns that prices may keep rising if the Middle East situation persists, and confirms an OPEC+ meeting is set for Sunday.
AI summaryThe US economy expanded at a 2% annualized rate in the first quarter of 2026, rebounding from a weak end to 2025 despite the ongoing war with Iran and rising energy prices. Consumer spending slowed, while government and business investment, particularly in AI, drove growth. The outlook remains clouded by the conflict's impact on oil prices and inflation.
AI summaryAs the Pentagon's official estimate of the Iran war's cost rises to $29 billion, Democratic lawmakers and economists argue the true figure could be hundreds of billions higher. Defense Secretary Hegseth defends the administration's handling amid growing scrutiny over transparency and military readiness.
AI summaryGlobal rice supply faces a perfect storm as the Iran war disrupts fertiliser shipments through the Strait of Hormuz, China's export ban tightens markets, and El Niño threatens output in Southeast Asia. Farmers are cutting back on planting, rice prices are climbing, and UN agencies warn of a potential food security crisis just as the world's biggest exporters report record crops.
AI summaryIranian President Masoud Pezeshkian stated that the US naval blockade of Iran is contrary to regional interests and will not help Washington achieve its objectives. He emphasized that security in the Persian Gulf can only be achieved through regional cooperation, while also accusing the US and Israel of causing instability.
AI summaryPresident Donald Trump announced the US is reviewing a possible reduction of troops in Germany, days after Chancellor Friedrich Merz criticized Washington's approach to Iran. The US maintains more than 36,000 active-duty troops in Germany, its largest contingent in Europe.
AI summaryRussian state media report that Moscow and Washington see possible common ground on Ukraine after a Putin-Trump call, with Russia ready to declare a Victory Day ceasefire. Elsewhere, global gold demand hit a 13-year high in Q1 2026, the UAE plans to leave OPEC+, and Poland releases a Russian researcher in a deal with Belarus.
AI summaryOn April 8, Israel launched over 100 air strikes across Lebanon in just 10 minutes, killing at least 357 people and injuring over 1,000. Israel claims it targeted Hezbollah operatives, but UN experts and residents describe the attacks as indiscriminate, with civilian casualties mounting. The strikes, part of Operation 'Eternal Darkness,' came amid a fragile US-Iran ceasefire and escalating regional tensions.
AI summaryThe Pakistan Stock Exchange's KSE-100 index fell sharply on Thursday, dropping as much as 4,786 points intraday before paring losses. Rising global oil prices, geopolitical tensions, and concerns over the cost of doing business kept investors cautious, according to reports from Dawn.
AI summaryRussian Foreign Minister Sergey Lavrov said the US-Israeli military campaign against Iran has had a profoundly negative impact on the Caspian Sea, condemning strikes on the Iranian port of Bandar-e Anzali. The statements follow Iranian appeals to regional bodies to condemn the attacks, which have also raised concerns over trade, ecology, and regional stability.
AI summarySeoul stocks fell more than 1 percent on Thursday, ending a three-day winning streak, as investors locked in gains following a sharp rise in oil prices and lingering Middle East tensions. The KOSPI closed at 6,598.87, down 92.03 points, after touching a fresh all-time high earlier in the session.
AI summaryOperating costs for Hong Kong's industrial and commercial sectors have risen by 50 per cent since the outbreak of the US-Israel war with Iran, according to an oil executive, as the government rolls out diesel and liquefied petroleum gas subsidies. A major cosmetics chain warns that shipping and airfreight costs have climbed by up to 15 per cent, raising fears of price increases on some products.
AI summaryThe United Arab Emirates has officially left OPEC and OPEC+ effective May 1, 2026, a move reported across multiple outlets as a response to ongoing regional conflicts and a shift toward national energy priorities. The decision comes amid significant disruptions to oil flows through the Strait of Hormuz due to the US-Israel war with Iran, with some sources suggesting the move is a rebuke to neighboring states. The UAE has also left OAPEC but remains a member of the Arab League, according to an official statement.