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由于Donald Trump表现出维持US Navy封锁的意愿，且Iran使strait of Hormuz几乎处于关闭状态，石油市场感到恐慌。在Donald Trump警告US对Iranian港口的封锁可能持续数月且和平谈判仍陷于僵局后，周三Brent oil价格飙升至每桶$126以上，创下2022年以来的最高水平。 Brent crude在24小时内激增逾13%，创下了自2月28日战争爆发以来的最高价格。自Russia于2022年入侵Ukraine以来，Brent价格从未超过$120，当时的价格最高曾达到$139。继续阅读...

Ursula von der Leyen later due to meet new Hungarian leader who is seeking to unlock EU funds in return for reformsVon der Leyen says that “every member state has a different energy mix,” so no blanket EU solution would work.But she calls for more coordination not just on common procurement, but also on fuel reserves, “especially jet fuel and diesel, where markets are tightening.”“ Let us use this to make the switch to electricity – not just in transport, but also in industry and heating. This is not only a matter of affordability and competitiveness; this is also a matter of economic security. Thus, speaking of European independence, this is the moment to electrify Europe.”“This is the second energy crisis within four years, and the lesson should be very clear. Our overdependency on imported fossil fuels makes us vulnerable. … We must reduce our overdependency on imported fossil fuels and boost our home-grown, affordable, clean energy supply. From renewables to nuclear, in full respect of technology neutrality.” Continue reading...

Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflictBritain is facing a £35bn economic hit and the risk of a recession this year as the fallout from the Iran war adds to the pressure on Keir Starmer’s government, a leading thinktank has warned.The National Institute of Economic and Social Research (Niesr) said that even under a best-case scenario the UK economy would grow at a much slower pace this year and next because of the Middle East conflict. Continue reading...

Israeli strikes killed 14 people and wounded 37 on Sunday, Lebanon's health ministry said, as the Israeli military warned residents to leave ‌seven towns beyond the "buffer zone" it occupied before a ceasefire that has failed to fully halt hostilities.

Rabbis Charley Baginsky and Josh Levy say criticising Israeli government is not disloyalty but a Jewish obligationThe UK’s most senior progressive rabbis have warned that Israel’s current political direction risks becoming “incompatible with Jewish values”, while insisting that criticism of the country’s government is “a Jewish obligation” rather than an act of disloyalty.Rabbi Charley Baginsky and Rabbi Josh Levy, co-leads of Progressive Judaism – the newly formed movement representing around a third of synagogues in the UK – said Israel’s trajectory could pose an “existential threat” not just to the country itself but to Judaism. Continue reading...

Australia is dependent upon UK’s ability to deliver new submarines, but report finds ‘cracks are already beginning to show’ “Cracks are already beginning to show” in the UK’s funding for the Aukus agreement that could derail the ambitious nuclear submarine plan, a British parliamentary inquiry has found, highlighting a threat to Australia’s security.UK shipbuilding has been under-funded for decades and the country’s submarine availability is “critically low”, the House of Commons defence committee’s report found. Continue reading...