Tanker carrying Iraqi fuel oil damaged after catching fire, following unidentified attacks that targeted two foreign tankers, near Basra, Iraq. REUTERS/Mohammed Aty |
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Two tankers were ablaze in Iraqi waters after what appeared to be Iranian strikes, the latest wave of attacks on oil and transport facilities across the Middle East. Follow our live updates.
- US President Donald Trump said that "we won" the Iran war but that the US will stay in the fight to finish the job."You never like to say too early you won. We won," Trump told a campaign-style rally in Hebron, Kentucky. "In the first hour it was over."
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US intelligence indicates that Iran's leadership is still largely intact and is not at risk of collapse any time soon after nearly two weeks of relentless US and Israeli bombardment, according to three sources familiar with the matter.
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A strike on an Iranian girls’ elementary school, which killed 175 students and school staff, may have been conducted using outdated targeting data. Idrees Ali joins the Reuters World News podcast to discuss why investigators think the US was responsible for the attack.
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A semi-truck drives past Chinese shipping containers at the Port of Los Angeles in Wilmington, California. REUTERS/Mike Blake/File Photo |
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Trump's administration said it was launching two trade investigations into excess industrial capacity in 16 major trading partners and into forced labor, rebuilding tariff pressure after the Supreme Court tore down much of Trump's tariff program last month.
- Global shares fell as attacks on oil tankers in the Gulf shattered any prospects of an imminent de-escalation in the Middle East conflict, pushing oil prices above $100 a barrel and stoking fresh inflation concerns.
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As a sharp rise in oil prices rattles global transport markets, airlines face an additional threat: the price of jet fuel has risen far faster than crude prices. Even airlines that use hedging contracts to protect against sudden spikes in oil prices are rapidly announcing fare hikes, fuel surcharges and capacity cuts.
- Nintendo said it has sold more than 2.2 million copies of "Pokemon Pokopia" in the four days since its launch as the game's popularity helps offset fear about Switch 2 sales momentum.
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Artificial intelligence is being deployed on both sides of the tug-of-war between US healthcare systems that want to be paid more for medical procedures and insurers who want proof the services were necessary, and experts are having a hard time predicting a winner.
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Though investors are still pricing in a swift end to the Middle East conflict, the disruption to oil and gas flows from the region is producing early signs of stress. In this week’s Viewsroom podcast, Breakingviews columnists debate how bad the economic and political fallout could get.
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Brazil's dreams for industrial-scale cocoa farms fading after price crash |
Cocoa farmers in Brazil have slammed the brakes on new planting projects following a 70% plunge in cocoa prices from their 2024 record high, stalling growth that investors had expected would make the country a major supplier of the main ingredient in chocolate.
At current prices of around $3,000 per metric ton, farmers and analysts told Reuters they expected around half the projects in Brazil to grow cocoa on an industrial scale could be canceled. |
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Artist's conception of a magnetar surrounded by an accretion disk exhibiting Lense-Thirring precession. Joseph Farah and Curtis McCully/Handout via REUTERS |
A supernova - the explosion marking the end of a massive star's life - is one of the brightest cosmic events, usually about a billion times more luminous than the sun. But some - a small fraction - are even brighter than that, 10 to 100 times more luminous. These are called superluminous supernovas.
Why these are so bright has been a mystery in astrophysics. But one such superluminous supernova involving a huge star in a galaxy about a billion light-years from Earth is now helping scientists solve the mystery. |
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