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Oil jumps 7% to above $100 ahead of US blockade of Strait of Hormuz

U.S. Central Command said U.S. forces would begin implementing the blockade ​of all maritime traffic entering and exiting Iranian ports at 10 a.m. ET (1400 GMT) on Monday.

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Oil prices jumped above $100 a barrel on Monday as the U.S. Navy prepared to block ships ‌from reaching Iran via the Strait of Hormuz, a move that could restrict Iranian oil exports, after Washington and Tehran failed to reach a deal to end the war.

U.S. Central Command said U.S. forces would begin implementing the blockade of all maritime traffic entering and exiting Iranian ports at 10 a.m. ET (1400 GMT) on Monday.

Reuters reported that Brent crude futures rose $6.71, or 7.05%, to $101.91 a barrel by 0104 GMT after settling 0.75% lower on Friday.

U.S. West Texas Intermediate was at $104.16 a barrel, up $7.59, or 7.86%, following a 1.33% loss in the previous session.

“The market is now largely back to conditions before the ceasefire, except now the U.S. will ⁠block the remaining up to 2 million barrels per day Iranian linked flows through the Strait of Hormuz as well,” said Saul Kavonic, head of energy research at MST Marquee.

President Donald Trump said on Sunday the U.S. Navy would start blockading the Strait of Hormuz, raising the stakes after marathon talks with Iran failed to reach a deal to end the war, jeopardising a fragile two-week ceasefire.

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International

Democrats Win US midterm elections

Trump acknowledges the Iran war, and the rising cost of living, were factors in his Republican Party’s defeat – as the White House posts on social media: “Trump is still your president”

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US President Donald Trump

The Democrats win the Senate and the House in US midterm elections, taking control of Congress for the rest of Donald Trump’s tenure.

Voters in conservative bastions who had propelled the president to his second term in office just two years ago swung dramatically toward Democrats, fueled by deep frustration over the unpopular war with Iran, anxiety over the high cost of living and anger at ‌Trump’s stewardship of the country.

Trump acknowledges the Iran war, and the rising cost of living, were factors in his Republican Party’s defeat – as the White House posts on social media: “Trump is still your president”

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In Texas, the biggest Republican state, Democrats ended a decades-long losing streak in seismic fashion, winning a Senate seat and ousting three-term Governor Greg Abbott.Kansas elected its first Democratic senator since the Great Depression nearly a century ago, and in South Carolina, a state that Trump carried by nearly 18 points in 2024, Democrats turned aside his hand-picked Senate candidate.The results will usher in a new era of divided government in Washington, following two years in which the Republican-controlled Congress rarely exercised its power to rein in Trump.

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International

JUST IN: Plane Crash Near Trump’s Florida Home Kills All 9 Aboard

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A private Learjet 60 crashed into a residential neighborhood in Palm Beach County, Florida, on Sunday afternoon, killing all nine people on board, officials confirmed.

The aircraft, flying from Austin, Texas, to the Bahamas, went down around 12:50 p.m. local time near Cresthaven/Greenacres, roughly 7–11 kilometers (about 4–7 miles) from President Donald Trump’s Mar-a-Lago resort.

It struck near a busy roadway at the entrance to a mobile-home community, creating a large fireball and leaving a crater in the road. Debris was scattered across a wide area, and nearby power and water lines were damaged.

Transportation Secretary Sean Duffy called the crash a “horrific tragedy” and confirmed there were no survivors among the nine occupants.

Florida Governor Ron DeSantis described the impact as “cataclysmic,” saying it “looked like a missile going down.” No injuries were reported among people on the ground. About 600 residents of a nearby mobile-home park were evacuated.

Trump had been at Mar-a-Lago earlier Sunday but departed on Air Force One from the nearby airport about an hour before the crash.

The National Transportation Safety Board is leading the investigation, with support from the Federal Aviation Administration.

Early reports noted the crew had discussed moderate turbulence and ice shortly before the steep descent.

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International

Tens of thousands protest against Narendra Modi regime in Delhi

The protest was one of the largest shows of opposition strength in years, taking place amid a wider resurgence of anti-government dissent which has been systematically crushed over the 12 years of the Modi regime.

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Thousands of opposition supporters have gathered in Delhi as protests against the Narendra Modi government continue to gather momentum.

Led by the Congress party, India’s opposition alliance has brought together supporters from across the country, amid growing anger over a large-scale revision of the country’s voter roll that has seen 130 million names erased.

Opposition leaders have alleged the process gives Modi’s ruling Bharatiya Janata party (BJP) an electoral advantage, and have called for the resignation and impeachment of the chief election commissioner, Gyanesh Kumar.

The BJP has denied the claims.

Addressing tens of thousands of party workers and supporters, the opposition leader Rahul Gandhi said Kumar had “carried out the biggest crime. He has tried to silence the voice of people, strangulate our country.”

Gandhi said the opposition, united under the acronym India (Indian National Developmental Inclusive Alliance), would not let “democracy be finished in the country” and warned Modi: “You can’t run anywhere.”

The protest was one of the largest shows of opposition strength in years, taking place amid a wider resurgence of anti-government dissent which has been systematically crushed over the 12 years of the Modi regime.

The Guardian Uk

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