Japan To Welcome First Crude Cargo Via Hormuz Since War Began

Pakistan & Afghanistan Exchange Heavy Fire After Short-Lived Truce The prior truce between warring neighbors Pakistan and Afghanistan has been breaking down since last week. Some analysts are calling it a ceasefire in name only. The globe's attention has been on the Iran conflict, but heavy AfPak fighting has been on for almost the exact same length of time as Trump's Operation Epic Fury against Iran. But it hasn't received much attention in international headlines. Getty Images Earlier this month a short-lived truce had been announced by the two sides just ahead of...

European Inflation Jumps Most Since 2022 On Soaring Energy Prices Even As Core CPI Unexpectedly Shrinks In an early preview of the coming inflation spike, the euro area saw its steepest jump in inflation since 2022 as the Iran war pushed energy costs sharply higher, backing expectations that the ECB will have to raise interest rates. In March, European consumer prices rose 2.5% from a year ago in March - and up a whopping 1.9% from the previous month - to the highest since January 2025. The silver lining: the median estimate...