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World

How long will the global energy crunch last?

High energy prices continue to drive inflation and stoke anger among voters around the world. But with more crude oil flowing through the Strait of Hormuz, and governments releasing more emergency fuel stockpiles, how long will the energy crunch last?

World

Strait of Hormuz crisis fuels Cairo's plastic recycling business

In the heart of the Egyptian capital Cairo, within the labyrinthine streets of the Manshiyet Nasser district, nearly 120,000 residents process a third of the megacity's waste every day. Long marginalised, these informal recycling specialists are now undergoing a dramatic transformation due to geopolitical tensions in the Strait of Hormuz, through which polyethylene from the Gulf usually passes.

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World

Iran says it expects US response Tuesday on plan to reopen Strait of Hormuz

Iran's Foreign Minister Abbas Araghchi said Tehran expects Washington to respond to its proposal to reopen the Strait of Hormuz on Tuesday. In exchange for reopening the vital shipping route, Tehran is seeking guarantees including a regional ceasefire, the lifting of sanctions on its oil sector and an end to the US naval blockade.

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Politics

Trump expects Iran talks next week after rejecting seven-day truce proposal

US President Donald Trump on Sunday said he expected talks with Iran to resume next week, despite rejecting Tehran’s proposal for a seven-day truce followed by the reopening of the Strait of Hormuz. Trump raised the possibility of renewed air strikes on Iran but also said he anticipated further negotiations.

World

UK: Police arrest 5 on suspicion of preparing a terrorist act

British police have evacuated homes near an air force base in Gloucestershire, as army bomb disposal experts examined several vehicles in what authorities described as a major incident. Five men have been arrested on suspicion of preparing a terrorist act and offences under the Explosives Act. RAF Fairford, the base involved, is also being used by the US for strikes on Iranian missile sites targeting ships in the Strait of Hormuz. US Air Force personnel at the base have been told to remain vigilant, while police say the incident is now contained. France 24 international affairs editor