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The World in Brief from The Economist
Record release of oil reserves; Trump claims war will end “soon”, and more
Ep. 20260312
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Brent crude, the global oil benchmark, rose to over $90 a barrel, despite the International Energy Agency announcing that it would release 400m barrels of oil from its reserves.
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Donald Trump issues angry ultimatum; Iran rejects it, and more
10:31|Donald Trump threatened to strike Iranian power plants and bridges on Tuesday. Also, Iran dismissed Mr Trump’s ultimatum, calling it an “indication of a criminal mindset”.
20260406. Donald Trump renews Iran threats; Iran hits Gulf energy facilities, and more
03:16||Ep. 20260406Donald Trump threatened to strike Iranian power plants and bridges on Tuesday if Iran’s regime did not “open the fuckin’ strait”.
Donald Trump renews Iran threats, and more
08:59|Donald Trump threatened to strike Iranian power plants and bridges on Tuesday if Iran’s regime did not “open the fuckin’ strait”; Israel’s defence minister warned of intensifying attacks on assets related to Iran’s petrochemical industry.
Trump gives Iran a "48 hour deal"; Europe quietly resists windfall taxes, and more
12:57|Donald Trump gave Iran 48 hours to make a deal or open the Strait of Hormuz, after which it would face “all hell”; European policymakers are privately pushing back against new windfall taxes on big oil, labelling the measures as premature, a source close to the negotiations told the Economist.
20260405. Europe quietly resists windfall taxes; Trump tells Iran to open the Strait of Hormuz or face “all hell”, and more
03:12||Ep. 20260405Iran’s foreign minister, Abbas Araghchi, warned that “Radioactive fallout will end life” in the Gulf, after a fourth attack on the area surrounding Iran’s only operational nuclear power plant in Bushehr
Trump tells Iran to open the Strait of Hormuz or face “all hell”; Europe quietly resists windfall taxes, and more
08:36|Iran’s foreign minister, Abbas Araghchi, warned that “Radioactive fallout will end life” in the Gulf, after a fourth attack on the area surrounding Iran’s only operational nuclear power plant in Bushehr
The hunt for a downed American pilot; Israeli strikes on Beirut, and more
12:52|Iran and America scrambled to find the pilot of an American F-15 fighter plane that was shot down over southern Iran; Israel struck Beirut, Lebanon’s capital.
20260404. America reports strong jobs figures; Iran hits two American fighter jets, and more
04:18||Ep. 20260404The Trump administration said it would ask for a significant rise in defence spending in its budget request to Congress for the 2027 fiscal year
Iran hits two American fighter jets; America reports strong jobs figures, and more
12:33|Iran hit a second American plane, according to reports citing American officials; America’s economy added 178,000 jobs in March, much more than expected.