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Politics

How might Le Pen's presidential run affect France's political future and her relationship with Bardella?

French hard-right leader Marine Le Pen has decided to run for president despite her conviction on embezzlement charges and she is counting on her political heir Jordan Bardella to run alongside her, casting him as her future prime minister. But how aligned are Marine Le Pen and Bardella? Do they think alike? Increasingly, the answer is no and the number of issues they express differences on is growing

France
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Geopolitics

What should the U.S. approach be toward Iran after the ceasefire announcement?

President Trump on Wednesday declared the ceasefire with Iran over and that while negotiations can continue, they are a "waste of time." Why it matters: Three weeks after the U.S. and Iran signed a peace deal that Trump described as "unconditional surrender," both sides are launching fresh attacks and any sense of calm in the region has evaporated almost entirely. Driving the news: The comments came just hours after the U.S. conducted a new round of strikes on Iran, retaliation for renewed Iranian attacks on commercial ships in the Strait of Hormuz. What they're saying: "I think it's over," Trump said when asked about the ceasefire at the NATO summit in Turkey. "I don't want to deal with them anymore. They're scum," Trump said."As far as I'm concerned, it's just a waste of time dealing with them." By the numbers: The price of oil skyrocketed after Trump's comments, with the global benchmark Brent crude jumping 6% to nearly $79 in morning trading. At those levels, it's back above pre-war prices after dipping just below.As part of the response to the latest Hormuz attacks, the U.S. also revoked a general license allowing the sale of Iranian oil, throwing more uncertainty into global supply. Editor's note: This is breaking news and will be updated

United States
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Geopolitics

What could the reopening of the Strait of Hormuz mean for trade and safety in the region?

Maritime traffic in the Strait of Hormuz remains at levels before the Iran-US agreement, says the Kpler maritime tracking platform, but there are signs of recovery ahead of Friday's official reopening. Eight ships carrying raw materials transited the strait on Monday, and six on Tuesday, according to Kpler data updated Wednesday. The agreement was reached overnight Sunday. This rate is comparable to the previous week, which saw an average of eight transits per day

Global
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