A young girl in southern Lebanon joined hundreds mourning her father, one of three paramedics killed in an Israeli “double-tap” strike during the US-brokered ceasefire. At least 95 emergency responders have been killed in Lebanon, a pattern the UN says may amount to a war crime.

TAYLOR SWIFT is proving she doesn’t just top the charts – but is also helping pay the bills of thousands of artists in the industry.

Insiders said the pop powerhouse could be behind a payday worth up to $800million for fellow musicians, thanks to a savvy little move she tucked into her record deal years ago.

When Taylor signed with Universal Music Group in 2018, she had assurances that if the label ever cashed in its Spotify shares, the artists had to get a slice of the pie.

Now UMG is preparing to flog part of its multi-billion-pound stake in the streaming giant, and a chunky wedge of that cash could be heading straight to the people making hits.

It is thought between $500million and $800million could be shared out, meaning a serious payday for everyone from global superstars to artists still making their way up.

Drake, Billie Eilish, Ariana Grande and Kendrick Lamar are all in the mix.

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Taylor won’t be out of pocket either, as this will only add another layer to her $1.8billion empire.

From reclaiming her masters to reshaping how streaming pays out, she’s made a habit of shaking up the system.

And this might just be her most generous plot twist yet.

LEO IS LORD OF THE GRINS

ONE Day and Bridget Jones actor Leo Woodall is on to a grinner as he spends an evening with girlfriend Meghann Fahy.

The smiling couple put on a united front at The King’s Trust annual gala in New York on Wednesday, proving they’re still very much an item.

Brit Leo and the US actress fell for each other after meeting on the set of The White Lotus in 2022, and now live together in the Big Apple.

We’ll soon be able to see plenty more of him on screen, as he has landed a major role in The Lord Of The Rings: The Hunt For Gollum, which hits cinemas next year.

BREAK-UP AND BABY BATTLE IN NEW JESY DOCUMENTARY

JESY NELSON is making a documentary about her battle to overhaul baby screening laws.

The former Little Mix singer will launch an hour-long film at Sheffield Docfest on June 11, in which she is shown coming to terms with her twin girls’ diagnosis with SMA type 1.

It will also show her dealing with the breakdown of her relationship with rapper Zion Foster.

Jesy revealed in January that daughters Ocean and Story had the genetic disorder, which results in muscle degeneration.

She said the impact could have been prevented if it had been detected earlier, leading to her fight to get heel prick tests for all newborns.

The film is said to be “raw and powerful”.

Its rundown adds: “The documentary follows Jesy as she comes to terms with what the diagnosis means for her girls, adapts to the everyday challenges of their conditions, and finds her footing as a single mother after the break-up of her relationship.

“It’s a portrait of motherhood, resilience and the fierce determination that comes from knowing that a simple change in the system can save lives.”

The documentary follows on from Jesy Nelson: Life After Little Mix, which aired on Prime Video earlier this year, although no date has been set for its release.

OLIVIA IN A BUNNY MOOD

OLIVIA RODRIGO is ready to get back in the swing of things by announcing a massive tour, less than a year after headlining Glastonbury.

The singer, who posed in a flowing dress and bunny shoes for Cosmopolitan magazine, will hit the road for her third run of headline shows, called The Unraveled Tour, in September.

UK fans might face a scrap for tickets when they go on pre-sale next Tuesday ahead of a general sale on Thursday.

Her only dates in Blighty so far are four shows at London’s O2 Arena, in April next year.

It comes ahead of the release of her third album, You Seem Pretty Sad For A Girl So In Love, on June 12.

She told Cosmo of the record: “I was really excited to write about joy, love, and passion in a way that I had never really done.

“Most of my big songs are about being sad, angry, heartbroken.

“Sometimes I listen back to it and I cringe.

“It’s cringier to be happy.

“I cringe, but I’m free.”

MADONNA and Sabrina Carpenter have dropped the biggest release of the week with their collaboration Bring Your Love.

The pair finally put the song out this morning, a fortnight after performing it at Coachella festival in the US.

Also back today is Becky Hill with Hands On Me, while Bleachers have released I’m Not Joking from their fifth album Everyone For Ten Minutes, which will be out on May 22.

I also recommend Sunderland artist Tom A. Smith’s six-track EP Put On A Record Tommy, featuring Happy Mondays collaborator Rowetta on the title track.

KRIS JENNER is so paranoid, she can’t go for a walk without security by her side.

On her daughter Khloe Kardashian‘s podcast, Khloe In Wonderland, Kris said she lives “crime stories” in her head every day.

Kris said: “I was on vacation and I felt like taking the bicycle out in front of the villa and riding down to the restaurant.

“I thought, no, because what if I’m riding the bike and somebody jumps out of the bushes, grabs the bike, throws me in the back of a van and takes off?”

Khloe added: “My mom won’t go on a walk in the neighbourhood without security following her in a vehicle.”

WASHINGTON — President Trump says he’s nominating Fox News Channel contributor Nicole Saphier for surgeon general after Casey Means’ path forward stalled in the Senate over questions about her experience and her stance on vaccines.

In a social media post Thursday, the Republican president said Saphier is “a STAR physician who has spent her career guiding women facing breast cancer through their diagnosis and treatment.”

Senators of both major political parties grilled Means on her vaccine stance and other health topics during a tense confirmation hearing, deepening doubts about her ability to secure the votes she needs for the role.

Earlier Thursday, Trump on social media commended Means as “a strong MAHA Warrior,” also criticizing the “intransigence and political games” from GOP Sen. Bill Cassidy of Louisiana, who interrogated Means about vaccines during the hearing.

The withdrawal of Means’ nomination to be the next U.S. surgeon general is a blow to Health Secretary Robert F. Kennedy Jr. and his movement, which championed Means for the role as the country’s top doctor despite her nontraditional path in medicine and some controversial past remarks on vaccines and other health topics.

The withdrawal comes after tense exchanges between Means and lawmakers of both parties threw into question whether she could secure enough votes to advance out of the Senate health committee. Her nomination had languished since her confirmation hearing in late February, even as activists from Kennedy’s Make America Healthy Again movement orchestrated a push to support her bid by surging phone calls to Republican senators Lisa Murkowski of Alaska and Susan Collins of Maine, who had both indicated reservations with the pick.

In nominating Means last May, Trump sought to hire a close ally of Kennedy as the nation’s doctor. Means, a Stanford-education physician whose disillusionment with the healthcare system led to her career as an author and entrepreneur, promotes ideas popular with the MAHA movement, including that Americans are overmedicalized and that diet and lifestyle changes should be at the center of efforts to end widespread chronic disease.

Bob Olinger rode off into retirement with victory in the Champion Stayers Hurdle on day three of the Punchestown Festival.

Ridden by Darragh O’Keefe, the Henry de Bromhead-trained 11-year-old (4-1) saw off Willie Mullins’ Jimmy Du Seuil (9-1) and pre-race favourite Teahupoo (5-4) who was seeking a third consecutive triumph in the race.

It capped a remarkable 11-win career that produced three at Cheltenham, as he rolled back the years to go out on a high.

Teahupoo led as they headed down the final stretch of the three-mile circuit, but Bob Olinger had closed the gap by the final fence and had more in the tank to open a gap.

While Jimmy Du Seuil applied late pressure, it just was not enough as Bob Olinger had three-quarters of a length to spare.

The Novice Chase went the way of Salvator Mundi (13-2) who took advantage of a fall from favourite Kopek Des Bordes.

With Mullins’ new retained jockey Harry Cobden onboard, it was a case of taking advantage of his stablemate’s misfortune two fences from home to claim the win.

Kopek Des Bordes seemed to be in full control before the fall with Salvator Mundi, who was on his coattails, galloping to a 12-length win from second place Irish Panther (15-2) and Jacob’s Ladder (18-1) in third.

The move comes as part of a larger prisoner pardon tied to a Buddhist religious holiday.

Myanmar’s ⁠former leader Aung San ⁠Suu Kyi ⁠has been moved to house ‌arrest, state media report, more than five years after the military toppled the civilian government that the Nobel laureate had led and jailed her.

President Min Aung Hlaing, who ordered the coup in 2021, said in a statement on Thursday that he “commuted the remaining sentence to be served at the designated residence”.

State media broadcast a photograph of Suu Kyi seated on a ‌wooden bench and flanked by two uniformed personnel – the first public image of the democracy campaigner in years.

Translation: Change the location where Daw Aung San Suu Kyi is serving her sentence (change her remaining sentences to continue serving at her designated residence).

Earlier on Thursday, authorities had announced her prison sentence was being reduced as part of a larger prisoner pardon tied to a Buddhist religious holiday. State media said in addition to the amnesty granted to 1,519 prisoners, including 11 foreigners, the sentences of remaining convicted prisoners were cut by a sixth.

Suu Kyi was originally sentenced to 33 years in prison in late 2022 for several offences that her supporters and rights groups described as attempts to discredit her and legitimise the army takeover that removed her from office and to prevent her return to politics.

Thursday’s amnesty, the second applied to her in recent weeks, would bring her sentence down to 18 years with more than 13 years left to serve, according to the calculation.

The decision to move the 1991 Nobel Peace Prize winner to house arrest was welcomed as a “meaningful step” towards a “credible political process”, a spokesman for United Nations Secretary-General Antonio Guterres said.

“We appreciate the commutation of Aung San Suu Kyi to a so-called house arrest in a designated residence. It is a meaningful step towards conditions conducive to a credible political process,” Stephane Dujarric told reporters.

He reiterated the UN’s call for the “swift release” of all political prisoners in Myanmar.

“It is good to hear that the house arrest has been confirmed, but we haven’t received any direct notification,” a member of Suu Kyi’s legal team told the Reuters news agency.

“We only found out about it from the news announcement.”

More amnesties for other prisoners

The amnesty is the second in two weeks after one on April 17 when more than 4,500 prisoners were granted amnesty.

The amnesties come after Min Aung Hlaing was sworn into office as president on April 10 after an election that critics said was neither free nor fair and was orchestrated to maintain the military’s tight grip on power.

In his inauguration speech, he said his government would grant amnesties aimed at promoting social reconciliation, justice and peace.

Suu Kyi, who is now 80 years old, has been serving her prison term at an undisclosed location in the capital, Naypyitaw.

Information about her condition has remained tightly controlled. Reports in 2024 and 2025 indicated declining health, including low blood pressure, dizziness and heart problems, but these claims could not be independently verified. Her legal team has not been allowed to meet her in person since December 2022.

The 2021 army takeover triggered enormous public resistance that was brutally suppressed, triggering a bloody civil war that has killed thousands of people.

According to the Assistance Association for Political Prisoners, a rights monitoring organisation, 22,047 people have been in detention in Myanmar since the army takeover.

Suu Kyi spent almost 15 years as a political prisoner under house arrest between 1989 and 2010. Her tough stand against military rule in Myanmar turned her into a symbol of nonviolent struggle for democracy.

The United States has fallen to a “historic low” in the Reporters Sans Frontieres (RSF), or Reporters Without Borders, annual press freedom tracker, continuing a decade-long decline, the organisation has said.

The report on Thursday recorded a global drop in press freedom indicators in 2025, with, for the first time, more than half of the world’s countries labelled as “difficult” or “very serious”.

While the US, during the first year of US President Donald Trump’s second term, remained in the “problematic” category, it dropped seven spaces from 57th in the world to 64th. Norway led the list, with Eritrea ranked lowest among 180 countries.

In a statement, Clayton Weimers, executive director of RSF’s North America office, said the US was experiencing a “press freedom crisis”.

“Trump and his administration have carried out a coordinated war on press freedom since the day he took office, and we will live with the consequences for years to come,” he said in a statement.

“Our message is clear: Protect legal rights, ensure accountability for attacks on media professionals, and support independent media to restore American press freedom.”

The report pointed to both Trump administration policies and the wider consolidation of media companies in the US, which critics say opens the door to stifling certain points of view.

That has included Skydance Media’s acquisition of Paramount Global, which includes CBS News. Skydance is owned by David Ellison, whose father, Larry Ellison, is a confidant of Trump’s.

Paramount Skydance is also currently acquiring Warner Bros, which owns CNN.

All told, just six companies control most US media: Comcast, Walt Disney, Warner Bros Discovery, Paramount Skydance, Sony, and Amazon.

While Trump has long had an adversarial relationship with journalists, press freedom observers say the head of the Federal Communications Commission (FCC) has accelerated pressure on media figures and journalists during the president’s second term.

In March, FCC chair Brendan Carr said he would revoke the licences of broadcasters that are “running hoaxes and news distortions”, and that do not “operate in the public interest” in their reporting on the US-Israel war with Iran. Trump said he was “thrilled” by Carr’s statements.

Carr has also threatened to revoke the licenses of broadcasters for their coverage of Trump’s immigration policies, which critics say can have a chilling effect on local news organisations.

The effort has extended to television talk show hosts, who have been threatened by the FCC over jokes.

Most recently, Carr announced an investigation into several ABC channels.

That came days after the network’s flagship late-night host, Jimmy Kimmel, made a joke about the White House Correspondents Dinner (WHCD).

Kimmel had quipped that First Lady Melania Trump had the “glow of an expectant widow” before the event.

Days later, a gunman attempted to storm the WHCD in Washington, DC, which Trump was attending for the first time. The Trumps later connected Kimmel’s joke to the attack, calling for Kimmel’s firing.

Kimmel has said the joke was about the 79-year-old president and the 56-year-old first lady’s “age difference” and not a call for violence.

Critics of the FCC’s move included Republican Senator Ted Cruz, who said he does “not believe the FCC should operate as the speech police”.

The White House has repeatedly called Trump the most “transparent” president in US history, pointing to his regular news conferences.

HOLLYWOOD star Dame Joan Collins, 92, looked incredibly glamorous dressed in a pink getup as she posed alongside her husband Percy at a bougie wine launch.

The English actress officially declared rosé season open as she was spotted cutting a pink ribbon outside of an M&S food shop.

Dame Joan, known for her role as Alexis Carrington in Dynasty, could be seen posing for snaps with her favourite M&S rosé, La Balconne as she encouraged the nation to “begin sipping.”

The M&S Food ambassador wore a baby pink midi dress with a high neck and cut out over her chest.

She finished the look with a matching pink structured blazer and a pair of nude peep toe heels.

Dame Joan looked flawless with her glowy makeup and deep pink lipstick.

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Meanwhile, the star, who has been married five times, had her famous brunette locks styled in a blown out bob.

Dame Joan’s husband Percy Gibson, 60, was also spotted at the M&S event looking very smitten with the TV legend.

Percy, who is 32-years Dame Joan’s junior, smiled alongside his wife as he made an appearance in support of her.

The pair met in 2002 after meeting on the set of a play that he produced and she starred in.

Speaking at the launch of M&S’ 10 new rosés, Dame Joan said: “Rosé season has arrived, though I’ve never been one to need permission to pour a glass.

“Who needs the South of France when you can simply glide into your local M&S Foodhall and find the finest rosé right there? You don’t need a Riviera postcode, just impeccable taste… preferably chilled.”

The Golden Globe winner also shared her top tips for the perfect glass of rosé.

Dame Joan confessed the wine tastes better chilled, with a “lovely” view and should be drank whatever the weather because it’s “sunshine in a glass.”

WASHINGTON — After weeks of delay, the House voted Thursday to fund much of the Department of Homeland Security, but not its immigration enforcement operations, and send the bipartisan package to President Trump to sign, ending the longest agency shutdown in history.

The White House had warned that temporary funding Trump had tapped to pay Transportation Security Administration and other agency personnel would “soon run out,” and that sparked new threats of airport disruptions.

DHS has been without routine funds since Feb. 14, causing hardship for workers, though much of Trump’s immigration agenda that is central to the dispute is being funded separately.

“It is about damn time,” said Rep. Rosa DeLauro of Connecticut, the top Democrat on the House Appropriations Committee, who proposed the bill more than 70 days ago.

The House swiftly voted by voice, without a formal roll call, to pass the measure.

The House’s narrow Republican majority has repeatedly stalled out under House Speaker Mike Johnson, with his own party tangled in internal disputes on a range of pending issues, including the homeland security funding. While the Senate unanimously approved the bipartisan package a month ago, the bill languished in the House.

Democrats refused to fund U.S. Immigration and Customs Enforcement and the Border Patrol without changes to those operations after the fatal shootings of two U.S. citizens by federal agents during protests against an immigration crackdown in Minneapolis. Republicans would no go along with a plan pushed by Democrats to fund TSA and the other parts of DHS without the money for ICE and Border Patrol.

To break the impasse, Republicans in both the House and Senate decided to tackle the immigration enforcement funding on their own through what is called budget reconciliation, a cumbersome weekslong process ahead.

By beginning that budget process Johnson, R-La., was able to unlock a broader bipartisan bill for TSA agents and the rest of DHS. House Republicans late Wednesday adopted budget resolution on a largely party-line vote, 215-211, that is focused on eventually providing $70 billion for immigration enforcement and deportations for the remainder of Trump’s time in office and ensure Democrats can no longer block funding. Trump’s term ends in January 2029.

One key Republican, Rep. Chip Roy of Texas, said isolating the immigration-related money on a separate track is “offensive to the men and women who serve in ICE and Border Patrol, and are serving this country every single day.”

Mascaro writes for the Associated Press.

So that Game 3 overtime win Friday in Houston was fun, huh?

The Lakers needed it, of course. The Lakers wanted it.

The Lakers are paying for it.

Because LeBron James hasn’t looked superhuman since playing those 45 minutes, including all five gutsy minutes of ovetime.

He hasn’t looked great.

Not even particularly good, not by his lofty standards.

And the Lakers need their not-quite-ageless wonder to be at least great to beat these Houston Rockets one more time. They need James’ best can-you-believe-he’s-41? act if they hope to close out this challenging best-of-seven first-round series without Luka Doncic.

The Lakers went up 3-0 largely thanks to James’ contributions.

After weeks of willingly playing third-wheel behind Doncic and Austin Reaves, James made it look like playing the alpha was like riding a bike in Game 1’s 107-98 victory: He got right on it and gave the Lakers 19 points, 13 assists and eight rebounds.

Then James had 28 points in the 101-94 victory in Game 2. And there was his monster effort in Game 3, when he had 29 points and 13 assists and, in overtime, a key steal and block in the Lakers’ 112-108 victory.

But James has been much more mortal in the two games since, and the Lakers have lost both.

With a chance to finish off the Rockets in Game 4 on Sunday at the Toyota Center, James had almost as many turnovers as points: eight and 10, respectively.

With a second chance to finish off the Rockets in Game 5 at Crypto.com Arena on Wednesday, despite a second day of rest, James had a jagged performance that looked like a lot of work in the Lakers’ 99-93 loss.

He had a game-high 25 points on nine-of-20 shooting, but he missed all six of his three-point attempts. He smoked layups. And missed three of his 10 free-throws, short on those attempts like he was on many of his misses Wednesday.

And while he had only two turnovers, they were the type to turn a tide, the type we’re not accustomed to witnessing from James. That type the Lakers can’t afford for him to make.

If he were a quarterback, he could have been called for intentional grounding, he overthrew Rui Hachimura by so much in the second quarter, when the Lakers were trying — and failing — to hang onto their early lead.

And then James got rhe ball ripped away from him by Reed Sheppard, the Rockets’ 21-year-old, allegedly 6-foot-2 guard, who raced up the court for a fast break dunk with 2:22 to play. That made it 92-85 and effectively doused the Lakers’ comeback.

“Just bang-bang plays,” James said at his locker, with a shrug. “Try to flush this one … we got to be better on Friday.”

The Lakers will have just two more shots at winning a series they weren’t supposed to before it started.

Their third attempt at closing out the Rockets comes quickly, when they play Game 6 on Friday at Houston. The Lakers will need something resembling the best version of James if they’re going to win and avoid the spectacle of a Game 7 showdown Sunday.

That would bring the Lakers to the brink of becoming the first team in NBA history to blow a 3-0 series lead. It would be an unavoidable blotch at the bottom of James’ 23-season resume that otherwise is highlighted by a 3-1 comeback against the Golden State Warriors in the 2016 NBA Finals.

But James and the Lakers aren’t thinking about that now — or about whatever chatter is coming out of the Rockets’ now-confident camp (on Tuesday, Jabari Smith Jr. told reporters “We’re obviously the better team.”)

“Ask one of them young guys that question,” James said, unmoved. “I’m too old for that.”

But not too old — the Lakers hope — to carry them to one more victory and save them from infamy.

Chris Weafer, the CEO of Micro-Advisory Partners, says the UAE’s OPEC exit frees one million barrels of spare capacity. He warns Kazakhstan and Venezuela may follow, leaving OPEC far less influential on global oil pricing.

OLIVIA Rodrigo is set to embark on a huge world tour later this year.

She is releasing a new album in the summer, and to mark it, the superstar singer will be performing across the globe.

What are Olivia Rodrigo’s UK tour dates?

To mark the release of her upcoming record, Rodrigo is going on a world tour that will span North America, Europe and the UK, with over 60 dates announced.

It is titled ‘The Unravelled Tour’ and will start in the US in September 2026.

The tour will start its UK leg in April 2027, with four nights at London’s O2 Arena the only dates announced so far in Britain. The dates announced for the London shows are:

• Monday April 5 2027 – The O2
• Tuesday April 6 2027– The O2
• Thursday April 8 2027 – The O2
• Friday April 9 2027 – The O2

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How can I get tickets for Olivia Rodrigo’s tour?

Tickets for the tour go on general sale on Friday, May 7 at 12pm, and will be available on Ticketmaster here – but there are ways to grab tickets ahead of that date.

There are various presales in which you can secure your place at one of the gigs:

• O2 presale – Tuesday May 5 at 10am. Only for O2 customers
• Album presale – Tuesday May 5 at 12pm. This is for fans who preorder Olivia’s new album.
• American Express presale – Tuesday May 5 at 12pm. For American Express card holders.

There will also be tickets available on secondary ticket websites, such as Viagogo here.

No prices have yet been confirmed for the tour, however for an idea of how much they could be, her 2024 GUTS tour ranged from around £65 to £200 for non-VIP tickets.

Cheaper “silver star” tickets will also be made available during the tour. In the US they’ll cost just $20, with the UK dates priced at ‘a local currency equivalent’. 

These tickets will be made available at a later date.

When is Olivia Rodrigo’s new album released?

Olivia’s new album “You Seem Pretty Sad for a Girl So in Love” comes out on June 12.

So far, she has only released one track from her new record, a song called “Drop Dead”.

Cole Tomas Allen, the 31-year-old Torrance man charged with trying to kill President Trump at last weekend’s White House Correspondents’ Assn. dinner, will remain in federal jail pending trial.

Allen agreed to his ongoing detention during a brief hearing in federal court in Washington, D.C., on Thursday. “He’s conceding detention at this time,” one of his federal public defenders, Tezira Abe, told Magistrate Judge Moxila Upadhyaya, according to CNBC.

He did not enter a plea during the hearing, according to the Associated Press.

Abe and Allen’s other public defender, Eugene Ohm, had argued in a filing Wednesday for Allen’s pre-trial release, citing his lack of a criminal record, family support and ties to his church, as well as inconsistencies and weaknesses they allege exist in the government’s case against him.

Abe and Ohm did not respond to a request for comment following the hearing.

In addition to trying to kill Trump, a terrorism-related charge that carries a potential life sentence, Allen faces two firearms charges related to his allegedly transporting two guns across state lines as he traveled from California to Washington by Amtrak train, and allegedly discharging one of those firearms — a shotgun — during the incident.

In arguing for Allen’s release in their Wednesday filing, his attorneys not only insisted he was no danger to the community, but questioned the government’s reasoning and evidence for the charges against him.

Allen was captured on a hotel video camera sprinting past U.S. Secret Service agents and into the secured event space a floor above the dinner while armed, according to prosecutors, with the shotgun, a pistol, and various knives. He then fell to the ground and was detained, according to prosecutors.

Trump administration officials who were at the dinner, including Acting Atty. Gen. Todd Blanche and Jeanine Pirro, the U.S. attorney for D.C., charged him swiftly — leaning heavily on an email Allen had sent to family just as he was breaching event security, which Trump and others referred to as a “manifesto” but which was titled an “Apology and Explanation.”

In that document, Allen allegedly wrote that he was targeting top Trump administration officials, with the highest ranking among them receiving top priority. He allegedly wrote that he would “go through” others at the event to get to those officials, but that he was not targeting guests or hotel staff and had chosen buck shot rather than slugs to “minimize casualties” in the room.

The charge of attempting to kill the president hung largely on that document, according to charging documents.

Blanche and Pirro also alleged that Allen had fired a shot during the encounter with Secret Service agents, in which they said a Secret Service agent was shot in the ballistic vest. Prosecutors also alleged in court that Allen had fired his shotgun, noting their recovery of one spent casing, but made no mention of a Secret Service officer being shot in the vest.

That alleged shot served as the basis for the one count of discharging a firearm.

In their filing arguing for Allen’s release, his attorneys questioned the legitimacy of both arguments.

They wrote that the government’s “sole proffered evidence” of Allen’s intent to kill Trump — the “Apology and Explanation” letter — was “far from clear” and never actually mentioned Trump by name.

“The government’s evidence of the charged offense — the attempted assassination of the president — is thus built entirely upon speculation, even under the most generous reading of its theory,” Allen’s attorneys wrote. “While the government may be able to say that the letter expresses an intent to target administration officials, it falls well short of narrowing those officials to President Trump.”

Regarding the one count of discharging a firearm, Allen’s attorneys wrote that the government “has not asserted that Mr. Allen ever fired any of the recovered weapons.” They wrote that the government, “after essentially asserting that Mr. Allen shot a Secret Service Officer in the criminal complaint, has apparently retreated from the theory by not mentioning the alleged officer at all” in its filing arguing for Allen’s ongoing detention.

In the latter document, prosecutors wrote only that an officer had seen Allen fire his shotgun “in the direction of the stairs leading down to the ballroom.” However, they provided little evidence to support that claim, other than that the shotgun held a spent cartridge in its barrel.

“In sum,” Allen’s attorneys wrote, “the government’s entire argument about the nature and circumstances of the offense is based upon inferences drawn about Mr. Allen’s intent that raise more questions than answers.”

Prosecutors, in a separate filing in the case related to evidence gathering, rejected the defense claims.

“The preliminary analysis of the crime scene is consistent with the government’s evidence that your client fired at least one shot from the 12-gauge pump action shotgun in the direction of Officer V.G., and that Officer V.G. fired his service weapon five times,” they wrote. “The government is aware of no evidence thus far collected and analyzed that is inconsistent with the above.”

They wrote that evidence suggests Allen fired his Mossberg 12-gauge pump-action shotgun “at least one time as he ran past the magnetometers on the Terrace Level of the Washington Hilton.”

They wrote that investigators recovered one spent cartridge from the chamber of the shotgun, that the “government’s preliminary ballistics and video analyses show that your client fired his shotgun in the direction of” the Secret Service officer identified only as “V.G.,” and that “at least one fragment was recovered from the crime scene that was physically consistent with a single buckshot pellet.”

Ticket prices are just the start of the soaring expenses many fans will face while trying to watch World Cup games this summer.

NJ Transit is charging $150 for round-trip tickets from Manhattan to the Meadowlands (the regular price is $12.60) for the World Cup final, while host committee shuttle buses will cost $80.

The Massachusetts Bay Transportation Authority is demanding $80 to ride one of the 14 express trains on the 30-mile trip from downtown Boston to Foxborough for games at Gillette Stadium. That’s more than three times the normal price.

Parking in Kansas City, meanwhile, will set you back by as much as $900, depending on the game and lot.

In Southern California, however, it will cost $1.75 to get to SoFi Stadium on a combination of buses or trains from as far away as Claremont and Simi Valley. That’s also what it costs to get to the Inglewood venue on any other day of the year; only two of the 11 World Cup cities in the U.S. are offering less expensive public transportation.

“We’re trying to make things convenient,” said Conan Cheung, the chief operations officer for the Los Angeles County Metropolitan Transportation Authority, or LA Metro, the second-largest transit agency in the country, servicing more than 305 million riders in 2025.

That’s a marked departure from the experience fans have reported ahead of this summer’s World Cup, which was marked by complaints over difficulty getting access to buy tickets, high ticket prices, shifts in seat locations after they were purchased, high fees and expensive game-day transportation.

“There’s no standardized fare set across the board,” Cheung said of World Cup transportation. “We’ve made a commitment to keep our system accessible. The way we’re planning the entire program is to ensure that we support people from the minute they decide to come to L.A. for the World Cup.

Workers are getting SoFi Stadium ready to host World Cup matches this summer.

(Eduard Cauich / Los Angeles Times )

“We also want to make sure that your excitement and your experience for the World Cup starts and ends on Metro.”

LA Metro has been able to hold costs down in part because it received $9.6 million in funding from the $100 million Congress gave the Federal Transit Administration to support transportation to and from World Cup stadiums. LA Metro is adding about 300 buses to its regular fleet to handle the additional demand, with shuttles servicing nine direct routes to SoFi and various fan zones.

Roughly 200 of those buses will lent to LA Metro from 11 regional transit agencies. Additional security officers also will be added.

“I feel prepared,” Cheung said, “but you never know what’s going to happen. We’ve done enough major special events to know that you can do all the planning in the world, but you need to make sure that you have contingencies in place and you’re prepared to pivot at a moment’s notice.”

A case in point: when Game 3 of last fall’s World Series went into extra innings, LA Metro immediately extended the operating hours for Metro buses and trains, ensuring people had rides home when the game ended just shy of midnight.

“Part of our preparedness is going through tabletop exercises,” he said. “The point is to ensure that the flow from the parking, from the transit connection and walking up made sense and was intuitive and easy to follow.”

Since Metro trains don’t run directly to SoFi, Cheung has added shuttle buses to take fans from the stations to the stadium. Portable restrooms and hydration stations will be available. And nine park-and-ride sites will be set up around L.A. and Orange counties. Reserve and pay for a parking space and everyone in your car can ride to the stadium for free. (Be sure to bring a lot of friends since the parking fees range from $59 to $102 for the June 12 opening match.)

A pair of visitors from Japan rush to catch a Metro bus in March.

(Genaro Molina / Los Angeles Times)

Cheung said LA Metro has been preparing for the World Cup almost as long as some of the players. When Taylor Swift brought her Eras tour to SoFi in the summer of 2023, LA Metro used that as something of a dress rehearsal for the World Cup, expanding late service and adding free shuttles from nearby train stations.

That increased ridership by 25%, which meant less traffic on the roads and freeways leading to the stadium. A repeat of that could be crucial during the World Cup since five of the eight games played at SoFi are scheduled to start at noon local time.

And just as the Taylor Swift concerts prepared LA Metro for the World Cup, now the World Cup will help inform preparations for the 2028 Olympics.

“A lot of the strategies that we’re doing now — the process for working with not only local jurisdictions, state and federal agencies, as well as the other transit agencies in the regions — we’re setting up ways that are going to help not only for the Olympics and Paralympics, but anytime we need to pull together to support our communities for special events [or] natural disasters.”

For more information on LA Metro services in and around the World Cup, go to www.metro.net/riding/world-cup

⚽ You have read the latest installment of On Soccer with Kevin Baxter. The weekly column takes you behind the scenes and shines a spotlight on unique stories. Listen to Baxter on this week’s episode of the “Corner of the Galaxy” podcast.

This digital publication, titled Occasional Digest, serves as a news and holiday guide focusing on Israeli national observances in April 2026. The primary text describes Yom Hazikaron, a solemn day of remembrance dedicated to honoring fallen soldiers and victims of terrorism through nationwide ceremonies and legal closures. It highlights the cultural transition from this period of mourning to the subsequent joy of Independence Day, which marks the 1948 establishment of the state. Additionally, the source provides secondary information on regional history, such as Sinai Liberation Day in Egypt, alongside current global headlines. Readers can also find practical data including currency exchange rates, local weather … 

April 30 (UPI) — The Union Pacific and Norfolk Southern corporations announced Thursday a new merger proposal after a federal regulator rejected their initial plan in January.

The two companies applied for a merger in July, seeking to create the United States’ first transcontinental freight railroad.

The Surface Transportation Board rejected the proposal saying the application was incomplete.

A statement from the two companies said they resubmitted the application with “additional analysis” indicating cost savings for customers and improvement to the U.S. supply chain. It said the deal would take 2 million truckloads off the nation’s roadways and save $3.5 billion each year.

“After completing the additional work requested by the STB, the facts remain clear: This merger enhances competition and delivers real public benefits that make America’s supply chain stronger, Union Pacific CEO Jim Vena said in a statement.

The new submission includes traffic data from each of the six North American Class I railroads instead of sample data provided by the STB, the companies said.

The STB will have 30 days to review the new application.

The visit of King Charles III to the United States comes at a time of visible tension between Washington and London. His meetings with Donald Trump and symbolic engagements linked to the anniversary of the United States Declaration of Independence highlight Britain’s effort to preserve a relationship that has faced increasing political strain. Rather than seeking immediate policy breakthroughs, the visit underscores a broader diplomatic strategy focused on long term stability.

Worst tensions in decades
Relations between the US and the United Kingdom are being described by analysts as the most difficult since the Suez Crisis. Disagreements over global conflicts, defence commitments, and rhetoric from Washington have created friction not only with Britain but also with other European allies.

Political differences driving the strain
Tensions have been sharpened by clashes between President Trump and Keir Starmer, particularly over foreign policy decisions such as Britain’s stance on the Iran conflict. Criticism from Washington, alongside broader disagreements within alliances like NATO, has added to the sense of divergence.

Role of royal soft power
King Charles III’s visit is less about direct political negotiation and more about reinforcing deeper ties. Through speeches, public appearances, and outreach beyond government circles, the monarch is aiming to remind Americans of the longstanding cultural, security, and historical links between the two nations. His address to Congress and symbolic messaging emphasise shared values while subtly encouraging cooperation and openness.

Beyond politics to public diplomacy
The visit targets not just policymakers but the American public. By engaging across different states and institutions, the British monarchy is working to sustain goodwill that can outlast any single administration. This reflects a strategy of insulating the broader relationship from short term political tensions.

Questioning the special relationship
The idea of a “special relationship,” first popularised by Winston Churchill, is increasingly being reassessed. Some British officials argue the term feels outdated in a changing global order, where alliances are more transactional and expectations around defence and economic contributions are rising.

Analysis
The UK’s approach reveals a calculated reliance on continuity rather than confrontation. With limited leverage over US policy decisions, London is using soft power to maintain influence and access. The monarchy provides a unique diplomatic channel that operates above partisan politics, allowing Britain to keep communication lines open even during periods of disagreement.

However, this strategy has limits. Symbolism cannot fully offset structural tensions such as defence spending gaps, diverging foreign policy priorities, or shifting global power dynamics. While royal diplomacy can ease atmospherics, it cannot substitute for alignment at the governmental level.

In the longer term, the visit illustrates Britain’s recognition that its global role depends heavily on sustaining strong ties with Washington, even in less favourable political conditions. By playing a long game, the UK is attempting to ensure that current strains do not permanently weaken one of its most important strategic partnerships.

With information from Reuters.

It will be more than a “Star Wars” bonanza when the Lucas Museum of Narrative Art opens to the public Sept. 22. The highly anticipated $1-billion museum on Thursday announced about 20 inaugural exhibitions curated by George Lucas across more than 30 galleries — and only one is related to cinema, with a focus on “Star Wars” memorabilia, including large-scale vehicle installations, production designs, props and costumes.

The full scope of the 1,200-plus objects will only be revealed when guests step through the museum doors into more than 100,000 square feet of gallery space on the first day of fall.

The futuristic-looking 300,000-square-foot museum in L.A.’s Exposition Park was designed by Ma Yansong of Mad Architects with executive architect Stantec and includes 11 acres of park space that extend to the museum’s roof, designed by Mia Lehrer of Studio-MLA. Co-founded by Lucas and his wife, Mellody Hobson, the museum will rotate the famous filmmaker’s vast collection of narrative art, which contains objects not found in more traditional museums, including manga, comics and children’s tales. The idea is to present the myriad ways images are used to tell an endless variety of stories. Lucas has called his collection “the people’s art.”

Dorothea Lange, “Migrant Mother,” Nipomo, Calif., 1936. Gelatin silver print, 18 3/4 x 14 1/2 in.

(Lucas Museum of Narrative Art, PKY.1062)

Exhibitions currently on deck include a variety of themed shows such as one on the architecture of the building; one titled “Everyday Life,” dedicated to visual stories about “childhood, community, family, love, motherhood, play, school, sports and work”; another titled “Civic Life” featuring “artists’ portrayals of experience in the courthouse, the polling place, the political headquarters”; an exhibit titled “Narrative Forms” highlighting “narrative art across genres of adventure, fantasy, romance and science fiction” by artists including Julie Bell, Boris Vallejo, Ken Kelly, Georges Méliès, John C. Berkey and Jeffrey Catherine Jones; and children’s literature illustrations by Beatrix Potter, Leo Politi, E.H. Shepard and Jacob Lawrence.

George Hughes, “Home at Last,” cover for the Saturday Evening Post, Sept. 1, 1951. Oil on board, 30 x 24 in.

(Lucas Museum of Narrative Art, PKY.993. © SEPS by Curtis Licensing)

There will also be exhibitions devoted to the work of individual artists and genres such as comics and graphic stories from illustrators Mœbius, Marie Severin, Jack Kirby, Alison Bechdel, Jim Lee, Frank Miller and Rafael Navarro; illustrations and book covers by Frank Frazetta; the work of fairy tale and children’s illustrator Jessie Willcox Smith; the lush art of Maxfield Parrish; a selection of work by iconic American artist Norman Rockwell; selected works of Thomas Hart Benton; and early 20th century book illustrations by N.C. Wyeth.

A news release about the inaugural exhibitions noted that they are drawn from the museum’s founding collection of more than 40,000 works.

“The exhibitions trace the evolution of human culture through storytelling, from ancient sculptures of gods and goddesses to Renaissance paintings to photographs, comics and modern cinema,” the release says. “Many exhibitions are organized by theme, focusing on myths about love, family, community and adventure that connect every generation. These shared stories, told over and over in many forms, bind us together and define our human experience.”

Ernie Barnes, “The Critic’s Corner,” 2007. Acrylic on canvas, 23 1/2 x 35 3/8 in.

(Matt Kroening / Lucas Museum of Narrative Art)

The road to the opening of the Lucas Museum has been winding. In 2017, Lucas first announced his decision to build his museum in L.A., with construction beginning the following year. The building was initially scheduled to open in 2021 — a goal that was pushed to 2023 due to COVID-19 pandemic-induced delays. From there, the debut was pushed to 2025, and finally 2026. The museum announced its final opening date last November.

Lucas’ role at his namesake museum has also not always been clear, and the museum’s development has been marked by a series of high-profile staff shakeups. The museum’s original director and chief executive, Sandra Jackson-Dumont, stepped down from her role in early 2025 after less than five years. She didn’t speak publicly about her departure but the museum issued a statement that her decision was based on a “new organizational design” that would split her job into two positions, with Lucas responsible for content direction.

Three months later, the museum laid off 15 full-time employees, a number of whom were from the education and public programming team. Seven part-time, on-call employees were also eliminated. The layoffs were described to The Times in harrowing terms by two employees who asked to remain anonymous.

In December — soon after the museum announced its opening date — news broke that chief curator Pilar Tompkins Rivas had stepped down from her role.

To date, no new chief curator has been named, but a rep for the museum wrote in an email that Lucas “is responsible for curatorial and content direction for the museum and continues to work closely with the curatorial team on his decades-long vision to celebrate storytelling and narrative art.”

Two weeks ago, LIV Golf did its best to conceal the fact that the Saudi Public Investment Fund would cease to bankroll the league after the current season, only to have LIV CEO Scott O’Neill let the truth slip during a television interview.

This week, the intentions of PIF and consequences to LIV are known by all.

LIV Golf announced Thursday that it has established a new independent board that will attempt to keep the league afloat utilizing a “diversified, multi-partner investment model.” In other words, a model that doesn’t include PIF.

PIF Governor Yasir Al-Rumayyan no longer will serve as LIV Golf chairman, another unmistakable signal that the Saudi sovereign wealth fund worth an estimated $1 trillion is cutting ties with financially troubled LIV.

LIV Golf was supposed to be a key component in Saudi Crown Prince Mohammed bin Salman’s “Vision 2030” plan to diversify the kingdom’s economy away from oil. PIV lured megastar golfers Phil Mickelson, Jon Rahm, Bryson DeChambeau, Dustin Johnson and others away from the PGA Tour by shoveling hundreds of millions of dollars into their bank accounts.

Al-Rumayyan, Prince bin Salman’s trusted technocrat, was charged with implementing the plan, but LIV Golf has failed to attract significant viewership or commercial sponsors despite innovations such as a 54-hole format and a team model.

When LIV and the PGA Tour came to a short-lived, tentative agreement to end pending litigation and potentially join forces in 2023, Al-Rumayyan was a key figure in the negotiations.

A last-ditch effort to broker a merger between the rival leagues took place in the White House in February 2025 when President Trump hosted Al-Rumayyan, PGA Tour commissioner Jay Monahan and Tiger Woods. No agreement was reached.

Now, apparently, PIF will attempt to turn its attention to initiatives that don’t bleed billions. The fund has invested more than $5 billion into LIV Golf since it was launched in 2022 and is reportedly spending $100 million per month this year.

The wealthy but suddenly unmoored LIV golfers have been left to scramble like a weekend hacker trying to salvage a bogey after chipping into a sand trap.

LIV Golf Louisiana announced that the tournament scheduled for June 25-28 in New Orleans has been postponed. A new date hasn’t been set. However, an official told ESPN on Thursday that next week’s tournament at Trump National Golf Club outside Washington, D.C., will take place as planned.

Six other tournaments remain on the schedule that concludes with LIV team championships on Aug. 27-30 at The Cardinal at Saint John’s in Michigan. Tournaments outside the United States are scheduled for South Korea, Spain and Great Britain.

Hired Thursday to come up with a financial model to keep LIV afloat sans PIF are Gene Davis and Jon Zinman, described in a LIV statement as “seasoned experts with proven track records of navigating complex situations and unlocking value for global organizations.”
 
LIV Golf’s contorted spin on acknowledging that PIF will no longer subsidize the league was a statement saying it will focus on ”securing long-term financial partners to support its transition from a foundational launch phase to a diversified, multi-partner investment model.”

Davis, the newly appointed chairman of the LIV Independent Directors Committee, sees opportunity in the face of a PIF-less future.

“LIV Golf has built something truly differentiated — a global league with passionate fans, world-class talent, and demonstrated commercial momentum,” he said in a statement. “The executive leadership team, along with Jon and I, see a clear opportunity to help the league formalize its structure, attract and secure long-term capital, and position the business for growth while continuing to promote the game across the world.

“ We look forward to positioning LIV Golf for future success.” 

This lesser-known city break destination is less than two-and-a-half hours from the UK, and it’s a great place for people who love walking as its city centre has a huge car-free zone

A new easyJet route will connect London-Luton Airport with an often overlooked European city break destination that’s ideal for long weekends away.

With a flight time of under two-and-a-half hours, this Central European destination may not be on your radar for a short break, yet it offers fairytale castles, a medieval old town, and the opportunity to explore on the river.

The new route to Ljubljana begins on October 26 and prices start at £40.99 one-way. Autumn is a great time to visit this leafy city, or you could book later in the year and visit the Festive Fair Christmas market to enjoy traditional sausages and mulled wine from stalls along the river.

Ljubljana Castle dominates the skyline thanks to its position on a green hill overlooking the city. This medieval fortress looks like something from a child’s storybook, and it’s either accessed by road through a forest trail or on a funicular railway that gives great views across the city.

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Inside, it’s just as spectacular. You’ll find an ornate chapel, vast formal gardens, and even the quirky Museum of Puppetry. There are also restaurants with outdoor terraces where you can sit and watch the sun go down.

If you love simply walking around and exploring new cities, then Ljubljana is perfect as it’s compact and easy to get around. As a bonus, it has the largest car-free zone in the European Union, taking up a large part of the city centre. This means you aren’t navigating your way through traffic and roads when you explore.

Some places to explore on foot include Prešernov Trg Square, famous for the distinctive pink Franciscan Church of the Annunciation. In this cobbled square, you’ll also find Področje lastnega vremena, a unique and interactive artwork that translates as The Area With Ljubljana’s Own Weather. Step onto it and you’ll feel the rain on your face no matter what the weather.

Cross the Tromostovje, or triple bridge, and you’ll find the medieval old town, full of colourful baroque architecture and winding lanes to explore. Another option is to see the city by boat. Old-fashioned wooden boats glide along the river, and can be an excellent way to see the bourgeois townhouses and sights such as the Dragon Bridge with its dramatic sculptures.

Compared to major European city break destinations, Ljubljana can be a more affordable option. According to Numeo, a meal at an inexpensive restaurant can be found for around £13, while local beers cost around £2.60.

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There are lots of accommodation options to choose from right in the car-free centre. Zlata Ladjica Boutique Hotel is a 5-star property that overlooks the river and has individually designed rooms with warm, rustic accents. Rooms start from around £250 a night. Or for a simpler, budget option, try Cacao Rooms, which offers clean, comfortable rooms steps from the historic squares at around £107 a night.

Have a story you want to share? Email us at webtravel@reachplc.com

World leaders condemn the interception of the boats bound for Gaza as violating international law.

Israel has intercepted 22 out of the 58 aid ships travelling through international waters and bound for the besieged Gaza Strip.

The ships make up part of a second Global Sumud Flotilla to try in recent months to break an Israeli blockade by carrying humanitarian aid to Palestinians in Gaza. They sailed from the Spanish port of Barcelona on April 12.

The vessels were seized by Israel late on Wednesday in international waters off Greece’s Peloponnese peninsula, hundreds of miles from Gaza, the flotilla’s organisers said on Thursday.

Israel “kidnapped” 211 of the 400 activists taking part in the flotilla, including a Paris city councillor, according to the flotilla’s organisers. Israel’s Foreign Ministry had earlier put the number of those detained at 175.

Here’s how world leaders have reacted to the news:

Italy

Italy called for the immediate release of Italian nationals on board the flotilla.

Italy “condemns the seizure of the Global Sumud Flotilla vessels… and calls on Israel to immediately release all the unlawfully detained Italians”, the government said in a statement.

Italy’s ANSA news agency cited sources among the organisers saying 24 Italians had been detained.

In its statement, the government also called for the “full respect of international law and guarantees on the physical safety of the people on board”.

It said it was “committed to continue supplying humanitarian aid to Gaza in the framework of our cooperation and in respect of international law”.

Germany

In a joint statement with Italy, Germany said it was following developments regarding the flotilla with “great concern” and called for international law to be respected and for “restraint from irresponsible actions.”

Spain

Spain’s Foreign Ministry said it “energetically condemns” Israel’s seizure of the flotilla, which is carrying Spanish nationals.

Madrid has summoned Israel’s charge d’affaires to convey its protest over the detention of the vessels, the ministry added in a statement.

Turkiye

Turkiye’s Foreign Ministry condemned Israel’s seizure of the boats in the flotilla as “an act of piracy.”

“By targeting the Global Sumud Flotilla, whose mission is to draw attention to the humanitarian catastrophe faced by the innocent people of Gaza, Israel has also violated humanitarian principles and international law,” the ministry said in a statement.

Hamas

In a post on Telegram, the Palestinian group Hamas condemned the interception, accusing Israel of committing a crime without accountability and calling for the release of those detained.

Global Sumud Flotilla organisers

The flotilla’s organisers condemned Israel’s seizure of its vessels.

“This is piracy,” they said in a statement. “This is the unlawful seizure of human beings on the open sea near Crete, an assertion that Israel can operate with total impunity, far beyond its own borders, with no consequences.”

“No state has the right to claim, police, or occupy international waters, but Israel has done that, extending its control outward to occupy the Mediterranean Sea off the coast of Europe,” the statement said.

Israel

Israel’s Foreign Ministry called the flotilla organisers “professional provocateurs” and said that its forces acted lawfully.

“Due to the large numbers of vessels participating in the flotilla and the risk of escalation, and the need to prevent the breach of a lawful blockade, an early action was required in accordance with international law,” the ministry said in a statement.

The conflict involving Iran and the disruption of the Strait of Hormuz have shaken global energy markets. Supply constraints and extreme volatility have driven oil prices sharply higher, exposing a growing structural divide in how major oil companies operate across the Atlantic.

European majors profit from trading strength
Companies such as BP, Shell, and TotalEnergies have benefited from strong oil trading performance. Their global trading networks allow them to move crude and refined products across regions, taking advantage of price differences created by supply disruptions.

These firms trade volumes far exceeding their own production, turning volatility into profit. In the current crisis, trading has significantly boosted earnings, offsetting weaker performance in other segments.

Volatility creates both gains and exposure
The sharp rise in Brent crude prices and market instability has created lucrative arbitrage opportunities. Companies have rerouted fuel shipments across longer and unusual routes to capture higher margins.

However, these strategies come with risks. Trading at such scale requires large amounts of capital, and holding cargoes for extended periods increases financial exposure if market conditions shift.

Trading as a shock absorber
For European majors, trading divisions have acted as a buffer during the crisis. Losses from disrupted production or regional exposure have been partially offset by gains in trading, highlighting the strategic importance of these operations in volatile markets.

US majors rely on production strength
In contrast, Exxon Mobil and Chevron focus primarily on large scale oil and gas production. Their output significantly exceeds that of European rivals, giving them a strong advantage when prices rise.

While they have more limited trading operations, their upstream strength allows them to generate substantial cash flow in high price environments without relying heavily on market arbitrage.

Structural differences in strategy
The divergence reflects long term strategic choices. European companies invested more heavily in renewables and diversified energy portfolios, which limited growth in their upstream production. US firms, by contrast, maintained a strong focus on expanding oil and gas output.

As a result, European majors depend more on trading to drive returns, while US majors depend on production scale.

Analysis
The Iran war has highlighted a clear split in the global energy industry between trading focused and production focused business models. European majors have shown that strong trading capabilities can generate significant profits during periods of disruption, effectively turning volatility into an advantage.

However, this model is inherently unpredictable. Trading gains depend on market conditions and may not be sustainable if volatility declines. In contrast, the US model offers more stable returns tied directly to production levels and commodity prices.

In the long term, this divide could shape investor perceptions and valuations. If European companies continue to rely heavily on trading while lagging in production, the gap between them and US rivals may widen. The industry is increasingly defined by a fundamental question: whether it is more profitable to move oil around the world or to produce it at scale.

With information from Reuters.