The United Arab Emirates’ OPEC withdrawal is forcing Washington into a new phase of energy diplomacy — one that requires direct coordination with Abu Dhabi as the cartel structure the U.S. has relied on for decades unravels.
US cable outlines new ‘construct’ to control Strait of Hormuz – media
A US diplomatic cable from lays out a proposed system for managing the Strait of Hormuz, according to media reports
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Trump tightens US naval blockade as Iranian rial collapses to record low
The latest drop follows a currency shock several months ago, when the rial fell from around 1.4 million to 1.6 million per US dollar in under a week, as the war moves turns into an economic clash to exhaust the Iranian regime’ options.
‘Words not enough’: Netanyahu targets PM Starmer after UK stabbing incident
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JD Vance ‘helping Russians’ by supporting halt to Ukraine aid, Zelensky says
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Bank of England keeps rates on hold at 3.75% as Iran war shakes outlook
The Bank of England voted to keep its key interest rate on hold at 3.75% on Thursday
Keir Starmer demands ‘swift, agile and visible’ response to London attack
‘Absolutely clear’ people are being targeted for being Jewish, says PM as he holds meeting with agencies and ministersGolders Green attack – latest updatesKeir Starmer has said the government and criminal justice system must respond to the suspected te…
US supreme court ‘demolishes’ Voting Rights Act | First Thing
Ruling has gutted provision intended to prevent racial discrimination in voting. Plus, oil tops $126 a barrel to reach highest level since 2022Good morning.The US supreme court has gutted a major section of the Voting Rights Act through a landmark deci…
Sergey Brin-backed Building a Better California says two ballot countermeasures to the proposed wealth tax are on track to qualify for the November ballot (Laura J. Nelson/Wall Street Journal)
Laura J. Nelson / Wall Street Journal:
Sergey Brin-backed Building a Better California says two ballot countermeasures to the proposed wealth tax are on track to qualify for the November ballot — Two ballot initiatives funded in par…
Will the Iran war reshape the global energy order?
As oil markets shift, OPEC’s grip is under pressure, US exports rise, and China drives the push towards renewables.