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Today: April 18, 2026
Today: April 18, 2026

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Economy|MidEast|Political|US|World

Iran reimposes restrictions on Strait of Hormuz, accusing US of violating deal to reopen it

Iran swiftly reversed course on reopening the Strait of Hormuz, reimposing restrictions on the critical waterway on Saturday after the U.S. said it would not end its blockade of Iran-linked shipping. Iran’s joint military command said on Saturday that “control of the Strait of Hormuz has returned to its previous state ... under strict management and control of the armed forces.” It warned that it would continue to block transit through the strait as long as the U.S. blockade of Iranian ports remained in effect. The announcement came the morning after U.S. Pr
Iran reimposes restrictions on Strait of Hormuz, accusing US of violating deal to reopen it
Economy|Political|World

Iranians fear sharpening pressure after war and crackdown 

By Parisa Hafezi and Angus McDowallDUBAI, April 18 - Iranians striving to maintain a semblance of normal life after weeks of U.S. and Israeli bombing and a deadly crackdown on protesters in January remain daunted by the future, as damage from airstrikes and internet cuts take a toll.With talks expected on extending a truce and agreeing an end to the conflict, shops, restaurants and government offices have stayed open. On sunny spring mornings, city parks are busy with picnicking families and young people playing sports, while others gather at streetside cafes.But behind such peaceful scenes, I
Iranians fear sharpening pressure after war and crackdown 
Business|Economy|Political|World

Trump says he has 'good news' on Iran as tankers cross Strait of Hormuz

A convoy of oil tankers was crossing the Strait of Hormuz on Saturday, the first major movement of ships in the crucial waterway since the U.S. and Israel launched their war on Iran seven weeks ago.The group of four liquefied petroleum gas carriers and several oil product and chemical tankers, was passing through Iranian waters south of Larak Island with more tankers following from the Gulf, according to MarineTraffic data.U.S. President Donald Trump hours earlier had cited "some pretty good news" about Iran, declining to elaborate. He also said fighting might resume without a peace deal by W
Trump says he has 'good news' on Iran as tankers cross Strait of Hormuz

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San Diego Padres are nearing a whopping sale, AP source says

The family of late San Diego Padres owner Peter Seidler is nearing a sale of the team, a person with knowledge of the negotiations told The Associated Press on Friday. The person spoke on condition of anonymity because the Padres aren't commenting publicly on the process. The Wall Street Journal first reported the imminent deal with private equity billionaire Jose E. Feliciano and his wife, Kwanza Jones. The team is expected to be sold at a valuation of $3.9 billion in a record deal for a Major League Baseball team, easily topping the approximately $2.4 billion pai
San Diego Padres are nearing a whopping sale, AP source says
Business|Economy|Entertainment|Finance|Stock Markets|Technology|US

Home shopping network pioneer QVC files for bankruptcy protection

The owner of home shopping network pioneer QVC has filed for Chapter 11 bankruptcy protection. The filing by parent company QVC Group, which also owns HSN, formerly the Home Shopping Network, arrives as long-running TV shopping networks struggle to adapt to the rapid shift by consumers now tuning in to livestreams on TikTok, or online marketplaces like Shein. QVC Group, which filed in the U.S. Bankruptcy Court for the Southern District of Texas, said that its international operations are not included in the process. It has more than $1 billion in ca
Environment|Science|Travel|US

1 million bees make for bumper-to-buzzer traffic on a Tennessee highway ramp

Travelers on an East Tennessee interstate were forced to brake for workers — and drones, perhaps even a queen — when a truck carrying about 1 million bees crashed Friday. The swarm shut down an exit of Interstate 40 in Knoxville, said Mark Nagi, Tennessee Department of Transportation regional spokesperson. There were no injuries, he said. “The ramp from I-40 East to Henley Street is back open but the truck is destroyed and the bees are… well… buzzing," Nagi posted, along with a photo of a person in beekeeper garb. "Unless you are dressed in this outfit pl
1 million bees make for bumper-to-buzzer traffic on a Tennessee highway ramp
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

Oil settles down 9% after Iran declares Strait of Hormuz open

Oil prices settled down by around 9% on Friday after Iran said passage for all commercial vessels through the Strait of Hormuz was open for the remaining ceasefire period and U.S. President Donald Trump said Iran has agreed to never close the strait again. Brent crude futures settled down $9.01, or 9.07%, to $90.38 a barrel, after falling to a session low of $86.09. U.S. West Texas Intermediate crude futures settled down $10.48, or 11.45%, at $83.85 a barrel, after touching a low of $80.56.Both contracts made their largest daily declines since April 8. All ships can sail through the Strait

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Health|Science|World

Trump set to ease restrictions on psychedelic drug used to treat PTSD

(Corrects name of advocacy group to Veterans Exploring Treatment Solutions in paragraph 19)By Jacob BogageWASHINGTON, April 17 (Reuters) - U.S. President Donald Trump is set to order the federal government to reevaluate restrictions on a psychedelic drug sometimes used internationally to treat post-traumatic stress disorder and other mental health conditions, according to three people familiar with the matter.Ibogaine, derived from a shrub native to Africa, is a Schedule I substance in the United States, meaning it is deemed to have "no currently accepted medical use and a high potential for
Trump set to ease restrictions on psychedelic drug used to treat PTSD
Business|Economy|Environment|Political|World

The Latest: Trump and Iran’s top diplomat say the Strait of Hormuz is fully open

U.S. President Donald Trump and Iran’s foreign minister said Friday that the Strait of Hormuz is fully open to commercial vessels. Iran’s top diplomat Abbas Araghchi said the strategic waterway “is declared completely open,” in line with the new ceasefire in Lebanon, and Trump said the strait is “ready for full passage.” However, Trump added that the U.S. naval blockade on Iranian ships and ports “will remain in full force” until Iran reaches a deal with Washington to end the war. Oil prices dropped 9% and Wall Street rallied to a reco
Business|Economy|MidEast|Political|World

Trump says blockade on Iran 'in full force' until deal is reached

U.S. President Donald Trump said on Friday that the naval blockade on Iran will "remain in full force" until a deal with Tehran is struck."The Strait of Hormuz is completely open and ready for business and full passage, but the naval blockade will remain in full force and effect as it pertains to Iran, only, until such time as our transaction with Iran is 100% complete," he wrote on Truth Social in all caps. His comments came after Iran said the Strait of Hormuz was open to all vessels following a ceasefire between Israel and Lebanon. (Reporting by Susan Heavey and Bhargav Acharya; Editing by
Trump says blockade on Iran 'in full force' until deal is reached
Crime|Election|Europe|Finance|Political|World

UK's Starmer pleads ignorance over Mandelson, resists pressure to resign

Prime Minister Keir Starmer, under renewed pressure to resign, expressed anger on Friday over not being informed that his former ambassador to the United States, Peter Mandelson, had failed security vetting before being handed the job.Starmer, who won the largest majority in modern history for Labour at a national election in 2024, is facing fresh calls to step down over the Mandelson affair, just three weeks before his party is expected to suffer big losses in local elections in England and regional votes in Scotland and Wales.Following the sacking of Labour veteran Mandelson as ambassador

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Political|World

Iran reopens Strait of Hormuz, but threatens to close it again as the US maintains its blockade

Iran reopens Strait of Hormuz, but threatens to close it again as the US maintains its blockade
Business|Economy

Tentative contract deal holds off strike by New York City apartment building workers

Union leaders representing thousands of New York City apartment house doorpersons, superintendents and other workers have reached a tentative contract agreement with building owners

Business|Economy|Finance|Political|Stock Markets|World

Oil prices drop 9% and Wall Street rallies to a record after Iran reopens the Strait of Hormuz

Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record

Economy|Environment|Political|World

Less than a year after being fired, former FEMA chief is set to be reinstalled by Trump

Less than a year after being fired, former FEMA chief is set to be reinstalled by Trump
Crime|Economy|Environment|Science|Technology

The attack on Sam Altman exposed a dark underbelly of the anti-AI movement

The attack on Sam Altman exposed a dark underbelly of the anti-AI movement

Americas|Economy|Political|World

Cuban leader, marking Bay of Pigs anniversary, vows to defeat US forces if attacked again

Cuban leader, marking Bay of Pigs anniversary, vows to defeat US forces if attacked again

Political|World

Trump muses about Vance vs. Rubio as Iran peace talks heat up

Trump muses about Vance vs. Rubio as Iran peace talks heat up
Business|Economy|Environment|Food|Health

Tomatoes are having a moment. You might not like the reason

Tomatoes are having a moment. You might not like the reason

Business|Economy|Environment|Finance|Travel|World

Jet fuel supplies are lagging. What does that mean for airlines and travelers?

A looming jet fuel shortage in Europe and Asia could compound the Iran war's impact on world travel if a fragile agreement to reopen the Strait of Hormuz collapses and Persian Gulf oil shipments stay blocked

Economy|Health|Political|Science

A vaccine standoff and other key moments from RFK Jr.'s first congressional hearing in months

Health Secretary Robert F. Kennedy Jr. defended a more than 12% proposed cut to his department's budget and dodged arrows from angry Democrats as he kicked off an expected sprint of seven hearings in Congress over the next seven days