Oil and gas prices fall nearly 10% after Iran says strait of Hormuz is open

• The United States and Iran agreed to a two-week ceasefire contingent on reopening the Strait of Hormuz, prompting President Donald Trump to withdraw threats of devastating strikes. • Iran's Supreme National Security Council confirmed acceptance of the ceasefire and announced negotiations with the US will commence in Pakistan on Friday. • The deal follows US strikes on over ninety targets on Kharg Island, described by officials as 'restrikes' to further damage prior sites, amid heightened tensions.

How did the PM’s chosen US ambassador fail security vetting but still get approved, what exactly did he know, and who is to blame?Downing Street has tried to do a lot of explaining, as has Keir Starmer himself. But there are still plenty of things we do not know about how Peter Mandelson failed security vetting, and what the prime minister did or did not know about it. Continue reading...

The prime minister says ministers were left in the dark, but friends of the former top civil servant suggest it was a case of politicians looking the other wayUK politics live – latest updatesFiddling with his reading glasses, the then cabinet secretary, Sir Chris Wormald – sitting alongside the most senior civil servant in the Foreign Office, Sir Olly Robbins – suddenly appeared a little tense.The bonhomie evident in earlier answers had quite disappeared. Continue reading...

Keir Starmer says it is ‘staggering’ and ‘unforgivable’ that he was not told Peter Mandelson had failed security vetting before taking up the role of US ambassador. The comments follow a Guardian investigation that exclusively revealed Mandelson had initially been denied clearance after a background check by security officials, but that the decision was overruled by the Foreign Office. Lucy Hough speaks to the Guardian’s head of investigations, Paul Lewis – watch on YouTube Continue reading...

Trump repeatedly demanded that Republicans unify to pass a longer extension of the Fisa warrantless spying lawBoth chambers of Congress voted in quick succession Friday to pass a brief 10-day extension of a controversial warrantless surveillance law after Republican infighting tanked plans for a much longer renewal of the law with no changes.Donald Trump had repeatedly demanded that Republican holdouts “UNIFY” behind Mike Johnson, the US House speaker, in favor of an extension of section 702 of the Foreign Intelligence Surveillance Act (Fisa) without changes. But chaos ensued late Thursday as Republican leadership tried and failed twice in votes attempting to reauthorize the surveillance program, before resorting to a stopgap measure. Continue reading...

Lasting peace depends on resolving a border dispute dating back to 2000 and dealing with Hezbollah’s weaponsMiddle East crisis – live updatesIsrael’s security cabinet first heard about the ceasefire with Lebanon from a social media post by Donald Trump. Hezbollah first heard about the ceasefire from the Iranian ambassador to Lebanon. Each side shot off as many bombs, drones and rockets as they could before the ceasefire – imposed from above – came into effect.Despite the US president claiming it is the 10th war he has ended, the situation on the ground in Lebanon looks anything but stable. Continue reading...

One insider estimates Australians pay A$10 in fees per ticket, with fans bearing the burden of monopolised music tour schedules and inflated artist valuesGet our breaking news email, free app or daily news podcastAustralia is being urged to improve ticketing transparency after a US federal court found Live Nation Entertainment had a harmful monopoly over big concert venues.This week, a New York jury found the global entertainment giant and its subsidiary Ticketmaster liable for systematically stifling competition to extract excessive profits from concertgoers. The jury identified a baseline overcharge of US$1.72 for every ticket sold by Live Nation since 2010 – totalling an additional US$595m in 2025 alone. Continue reading...

With a reshuffled cabinet, the premier is hoping to quell leadership rumblings as her party seeks an unprecedented fourth termGet our breaking news email, free app or daily news podcastAs the Victorian premier, Jacinta Allan, stood alongside the fresh faces in her reshuffled cabinet on Wednesday, she attempted to send her increasingly jaded electorate a blunt message: despite its 12 years in power, her government is – apparently – new.In her opening four-minute preamble to reporters, Allan - whose Labor government will in November seek an unprecedented fourth term - repeated the word 17 times. In one sentence alone, she referred to her “new cabinet”, “new portfolios”, “new solutions” and “new areas that are going to drive this government forward”.Benita Kolovos is Guardian Australia’s Victorian state correspondent Continue reading...

Measure passed 50-49 to overturn a 20-year ban on mining near renowned Boundary Waters Canoe Area WildernessThe US Senate narrowly voted on Thursday to overturn a ban on mining near Minnesota’s Boundary Waters Canoe Area Wilderness, an enormous complex of interconnected lakes, rivers and forests that is among the most visited wild areas in the US.The resolution passed 50-49 to repeal a 20-year moratorium imposed by former president Joe Biden’s administration in 2023 on mining across the 225,000 acres in the Superior national forest. Continue reading...

Another lawyer says ruling ‘puts brakes on the Minns government’s ability to use executive power to minimise people’s rights to protest’Get our breaking news email, free app or daily news podcastThe Minns government should think twice before imposing an outright ban on the phrase “globalise the intifada” in the wake of a landmark finding that could limit attempts to control speech and protests, a leading constitutional expert has said.New South Wales’ highest court ruled in favour of the Palestine Action Group and Blak Caucas on Thursday, striking down an anti-protest law introduced after the Bondi beach terror attack that gave police the power to restrict marches, including the anti-Herzog rally in February. Continue reading...

Paul Quinn’s conviction, 23 years after the attack, exposes how a victim was repeatedly failed and an innocent man wrongly jailed• Paul Quinn found guilty of rapeOne of Britain’s most shocking miscarriages of justice began before dawn on a summer day in Salford more than 20 years ago.A young woman had walked the darkened streets alone for about five miles when she was honked at, wolf-whistled and was so frightened she hid for a while in undergrowth. Continue reading...

Paul Quinn convicted in light of DNA evidence from 2003 attack that led to notorious miscarriage of justiceA man who evaded justice for more than two decades has been found guilty of the 2003 rape for which Andrew Malkinson was wrongfully jailed for 17 years.Paul Quinn, 52, was convicted by a jury on Friday after a fresh forensic analysis found traces of his DNA on the victim. Continue reading...