World

Iran has threatened “long and painful strikes” on American positions if Washington resumes attacks and presses its claim over the Strait of Hormuz, injecting fresh uncertainty into US efforts to assemble a coalition to reopen the crucial waterway. Now two months into the US-Israeli war with Iran, the narrow sea passage remains shut, cutting off 20% of global oil and gas supplies. The disruption has driven energy prices sharply higher and intensified fears that the world economy could slide toward a downturn. Attempts to…

Warning lights over inflation are flashing brighter across the euro zone, and while the European Central Bank kept interest rates on hold as expected today, it made clear that pressure is building for rate cuts to give way to hikes, with markets now looking to June for the first move. Inflation climbed to 3% this month, comfortably above the bank's 2% target, and policymakers now face the prospect of further acceleration after the Iran war drove oil prices to their highest level in four years. ECB President Christine Lagarde…

TikTok has won a crucial reprieve in its battle over European user data, after the Supreme Court here confirmed the company may continue transferring data from the European Union to China while it pursues an appeal against a regulator’s order to stop the practice over privacy concerns. The platform’s lead EU privacy watchdog, the Irish Data Protection Commission, imposed a €530m fine on the short-video app last May and directed it to suspend data transfers to China unless its processing was brought into ⁠compliance within…

Britain has moved to bolster protection for Jewish communities after a fresh attack in north London sharpened fears over antisemitism and security, with Prime Minister Keir Starmer promising immediate support and urging the country to stand together. Under fire from British Jews who say ministers have too often failed to keep them safe, Mr Starmer said funding for synagogues and other community sites would be increased at once, while stressing that the response cannot rest on security measures alone and that the country…

Iran’s Supreme Leader, Ayatollah Mojtaba Khamenei, declared that Tehran will defend its "nuclear and missile capabilities" as core national assets, striking a combative note as Washington presses for a broader agreement to shore up a fragile ceasefire. The intervention comes as US President Donald Trump pushes for an expanded deal aimed at reinforcing the uneasy truce that followed the war. Since assuming power after his father was killed at the outset of the conflict, Mr Khamenei has consistently projected defiance, and his…

LIV Golf wasted little time charting its next move after confirmation that Saudi financial support for the breakaway circuit will come to an end, unveiling a new board and opening the door to fresh long-term investors. Reports earlier this week said Saudi Arabia's Public Investment Fund (PIF) would stop its backing — worth more than $1bn a year since 2022 — after the league's 2026 season. Without naming PIF directly, LIV said on Thursday it was making a "transition from a foundational launch phase to a diversified,…

Oil prices pulled back after a dramatic surge to a four-year peak above $126 a barrel today, as traders weighed the risk that the US-Iran war could intensify into a longer conflict and choke Middle East supplies in a way that would threaten global economic growth. The rally gathered pace earlier after Axios, citing unidentified sources, reported overnight that US President Donald Trump was due to be briefed today on plans for a series of military strikes on Iran, an effort aimed at pressuring Tehran back into talks over its…

As King Charles continued his visit to the United States, New York City Mayor Zohran Mamdani injected a charged colonial-era dispute into the conversation, saying the British monarch should return the Koh-i-Noor Diamond to India. "If I were to speak to the king separately from that, I would probably encourage him to return the Koh-i-Noor Diamond," Mr Mamdani, who is Indian American, said when asked at a press conference just hours before a ceremony honoring victims of the September 11 attacks. Mr Mamdani and the king later…

With oil markets on edge and diplomacy stalled, US President Donald Trump has been weighing how to cushion the fallout from a potential months-long US blockade of Iran's ports, according to a White House official, while pressing Tehran to “get smart soon” and agree to a deal. The discussion with US oil executives yesterday came after several days of impasse in efforts to end the conflict, which has prompted the United States to squeeze Iran’s oil exports through a naval blockade in an attempt to force Tehran to reopen the…

Moments before prosecutors say he tried to reach US President Donald Trump with a pump-action shotgun, the man at the centre of the case snapped a selfie inside his hotel room, documenting what authorities describe as a carefully staged attack. Cole Allen allegedly moved into action shortly after 8.30pm on Saturday, leaving his room at the Washington Hilton and heading toward the basement ballroom, where Mr Trump and other senior officials were attending a media gala dinner, according to prosecutors. The 31-year-old was…