The Pontiff in Cameroon condemned politicians for using religion for their own purposes. He spoke of billions spent on weapons instead of education and reconstruction.
Brent crude rose to $98. 41 amid supply concerns over the Strait of Hormuz. US oil inventories unexpectedly fell by 913,000 barrels.
Pete Hegseth stated that the US is ready to destroy Iran's infrastructure if there is no agreement. Earlier, Trump announced the end of the military operation in the region.
Tehran is ready to guarantee safe passage for ships through Omani waters after an agreement. 20% of global oil and gas supplies pass through this route.
The vessels RHN and Alicia entered the region despite Washington's restrictions. The tankers are linked to the transportation of Iranian oil and are heading to their destination ports.
CFTC investigates $950 million in transactions over possible insider trading. Regulators are examining trades on CME and ICE exchanges before policy changes.
Doug Field is leaving Ford after five years amid $19. 5 billion in losses. The company is merging divisions to accelerate new product launches.
A large-scale fire continues at the Geelong plant, engulfing two units. Gasoline production has been stopped, and the output of diesel and aviation fuel has been significantly limited.
An eighth-grader shot and killed eight students and a teacher in Kahramanmaraş province. This is the second attack in two days; the shooter had five weapons with him.
The Fancy Bear group attacked mailboxes of SAP employees, ARMA, and NATO military departments. Due to a hacker error, researchers gained access to their data.
The US has allowed Lukoil's network to operate until October 29 despite sanctions against Russia's oil sector. The waiver applies to 2,000 stations and plants in Europe.
Brent futures rose to $95. 19, while WTI fell to $91.05. The market awaits US-Iran talks amid limited fuel supplies.
A multi-story parking lot with decommissioned BYD cars caught fire in a Shenzhen industrial park. There were no casualties, but the manufacturer's shares fell by 0.6%.
NBU Governor Andriy Pyshny warned of rising prices due to higher oil and fertilizer costs. The National Bank will assess the conflict's impact on the economy next week.
US Energy Secretary Chris Wright predicts price increases until shipping resumes through the Strait of Hormuz. Iran continues to block the vital route.
Ajay Banga warned of an employment crisis for 1. 2 billion people in developing countries. The World Bank is focusing on investment and infrastructure.
Lieutenant General Susan Coyle will lead the Australian army in July. This historic appointment is the first in the country's history.
Father Spadaro said that Trump cannot restrain the Pope's moral voice. The Pontiff emphasized that he is not afraid of the US administration and called for peace.
Péter Magyar's opposition Tisza Party won 138 seats in the Hungarian parliament. Orbán conceded defeat amidst celebrations by opposition supporters in Budapest.
Oil prices rose as the US Navy prepared to blockade the Strait of Hormuz. Restrictions on Iranian oil exports have brought the market back to triple-digit prices.
London has suspended the agreement on the sovereignty of the Chagos Archipelago after criticism from Donald Trump. The implementation of the agreements has been postponed indefinitely.
J. D. Vance left Pakistan after 21 hours of negotiations without an agreement. The parties failed to agree on nuclear guarantees and control over the Strait of Hormuz.
Due to the compromise of the Axios library, OpenAI is updating its code signing certificates. macOS users need to update their software by May 8 for it to continue working.
The parties failed to overcome key differences after their first direct meeting in decades. Dialogue on shipping will continue at the technical expert level.
Three VLCC class oil tankers passed through the strait thanks to peace talks. The vessels Serifos, Cospirl Lake, and He Rong Hai are heading to Asia.
Iran's supreme leader is recovering from an airstrike, governing the country via audio link. US intelligence suggests that Khamenei may have lost one of his legs.
The United States of America has agreed to return frozen assets to Iran in exchange for security in the Strait of Hormuz. The amount of funds is approximately $6 billion.
Sentebale accuses Prince Harry of creating a negative media campaign. The lawsuit was filed in a London court over reputational damage and a conflict with the board.
The countries will combine intelligence and customs data to combat arms and drug trafficking. Over the past year, more than 1,100 weapons from the US have been seized in Brazil.
Donors have provided less than $1 billion of the promised $17 billion for Gaza's reconstruction. The enclave's reconstruction plan is in jeopardy due to a severe funding shortage.