World
Oil prices rise anew after a US-Iran standoff in the Strait of Hormuz strands tankers
NEW YORK (AP) — Oil prices rose in early trading Sunday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies.
The price of U.S. crude oil increased 6.4% to $87.90 per barrel an hour after trading resumed on the Chicago Mercantile Exchange. The price of Brent crude, the international standard, climbed 5.8% to $95.64 per barrel.
The market reaction followed more than two days of lifted hopes and dashed expectations involving the strait. Crude prices plunged more than 9% Friday after Iran said it would fully reopen the strait, which it effectively controls, to commercial traffic.
Tehran reversed that decision and fired on several vessels Saturday after President Donald Trump said a U.S. Navy blockade of Iranian ports would remain in effect. On Sunday, Trump said the U.S. attacked and forcibly seized an Iranian-flagged cargo ship that allegedly tried to get around the blockade. Iran’s joint military command vowed to respond.
Sunday’s higher prices wiped out much of the declines seen Friday, signaling renewed doubts about how soon ships will again transport the vast amounts oil the world gets from the Middle East.
The US-Israeli war against Iran, now in its eighth week, has created one of the worst global energy crises in decades. Countries in Asia and Europe that import much of their oil from the Gulf have felt the most impact of halted supplies and production cuts, although rapidly rising gasoline, diesel and jet fuel prices are affecting businesses and consumers worldwide.
Asked when he thought U.S. motorists would again see gas cost less than $3 a gallon on average, Energy Secretary Chris Wright said prices at the pump might not go down that much until next year.
“But prices have likely peaked, and they’ll start going down,” Wright told CNN’s “State of the Union” on Sunday.
The price of crude oil — the main ingredient in gasoline — has fluctated dramatically since the U.S. and Israel attacked Iran on Feb. 28, and as Iran retaliated with airstrikes on other Gulf states. Crude traded at roughly $70 a barrel before the conflict, spiked to more than $119 at times, and previously closed Friday at $82.59 for U.S. oil and $90.38 for Brent.
Industry analysts have repeatedly warned that the longer the strait is closed, the worse prices could get.
A fragile, two-week ceasefire between the U.S. and Iran is set to expire Wednesday, while escalating tensions in the Strait of Hormuz puts the fate of new talks to end the war into question.
Even if a lasting deal to reopen the Strait of Hormuz emerges, analysts say it could take months for oil shipments to return to normal levels and for fuel prices to go down. Backed-up tanker traffic, shipowners concerned about another sudden escalation, and energy infrastructure damaged during the war are factors that could impede production and shipment volumes from returning to pre-war levels.
A gallon of regular gas cost an average of nearly $4.05 a gallon in the U.S. on Sunday, according to motor club federation AAA. That’s about 8 cents lower than a week ago, but far higher than $2.98 before the war.
World
Iceland kills first whales since 2023, resuming whaling
By Euronews with AFP
Published on
Two whales were killed off the coast of Iceland overnight Sunday, two days after commercial hunting resumed, local media and animal rights activists reported Monday.
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The kill ends a two-year pause and marks the first catches since 2023.
Icelandic public broadcaster RUV reported that two fin whales were killed. The fin whale is the second largest animal on Earth after the blue whale.
Before the vessels set off on Friday, a protester had attached himself to one of the masts in the port of Reykjavik, but climbed down and was escorted away by police.
Iceland, Norway and Japan are the only three countries that still openly permit whaling, despite international condemnation from the public and animal welfare organisations.
Iceland cancelled its whale hunt over the past two years, partly because economic problems had cut demand and the industry was not deemed profitable enough.
“The first fin whale deaths in Iceland’s hunt this year are devastating,” said Joanna Swabe, European senior public affairs director for animal rights group Humane World for Animals.
“Iceland has killed more than 1,000 fin whales in the past two decades — not only the second largest animal on the planet but also a species classified as globally vulnerable to extinction,” Swabe said in a statement.
Iceland’s government has said it is planning to introduce a bill aimed at banning whaling this autumn.
The International Whaling Commission banned the commercial killing of whales in 1986 amid alarm at the declining stock of the marine mammals.
Iceland’s Marine and Freshwater Research Institute has recommended that no more than 150 fin whales are caught in the 2026 season.
That represents a 28-percent drop on the annual quota it recommended for the period 2018–2025, it said.
The institute has set an annual catch of 168 animals for the minke whale hunt this year, a 23-percent drop on 2018-2025.
World
Paramount+ Sets Tulisa Docuseries About Shamed ‘X Factor’ Judge From Dorothy Street Pictures
Paramount+ has commissioned a docuseries about shamed “X Factor” judge Tulsa from Dorothy Street Pictures, the producers behind Victoria Beckham doc “Victoria” and Pamela Anderson doc “Pamela: A Love Story.”
Tentatively titled “Tulisa: The Reckoning,” the unscripted series will follow the former pop star and talent show judge as she reflects on her journey, from her humble beginnings to soaring success as the frontwoman for the band N-Dubz, her pivot to “X Factor” judge and the scandal that saw her career come crashing down.
In 2013 an undercover U.K. tabloid journalist nicknamed the “Fake Sheikh” tricked the singer into “setting up a cocaine deal” which saw her arrested and charged. The trial collapsed after the journalist was found to have tampered with evidence (he was later convicted of perverting the course of justice).
Tulisa later revealed she had been entrapped by the journalist, who claimed he could bag her a role in a movie worth £3.5 million.
Although she was never convicted, Tulisa lost endorsements and jobs, including the “X Factor” gig and effectively disappeared from public life.
As well as telling her story, the three-part docuseries will follow the singer’s campaign for media regulation.
“This isn’t just a story of survival, it’s a reckoning,” reads the synopsis for the docuseries. “After years of reflection, Tulisa is ready to confront and change the system that once brought her down.”
Tulisa says of the project: “For years, so much has been said about me, but not always by me. This series is about taking back control of my story and speaking openly about everything I’ve been through, not just for myself, but for anyone who’s had similar experiences in the media spotlight.”
“Tulisa: The Reckoning” (working title) is set to land on Paramount+ in 2026.
World
Trump gets major win against China in African rare earth minerals race
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JOHANNESBURG — In what’s being hailed as a major win for the Trump administration against Chinese domination of the rare earth minerals market, the U.S. has supported an American company, Virtus Minerals, in developing two major mines producing cobalt and copper in the Democratic Republic of the Congo (DRC).
This is claimed to be the first U.S. rare earth minerals acquisition in the African nation since President Donald Trump announced the Washington Accord last December.
Historically, China has been the heavy lifter of these metals. The Strategic Studies Institute reported that 80% of the world’s cobalt is produced in the DRC — and 80% of that is controlled by China. Cobalt, used in a wide range of applications, from electric cars and mobile phones to military jets, is on the U.S. government’s list of critical minerals. Copper, also on the list, has traditional uses such as piping for plumbing, but is also needed in electronics and the automotive industry.
President Donald Trump attends a signing ceremony with Rwanda’s President Paul Kagame and Democratic Republic of Congo President Felix-Antoine Tshisekedi at the Donald J. Trump Institute of Peace in Washington on Dec. 4, 2025. (Evan Vucci/AP)
During December’s signing at the White House, Trump made clear the administration’s fight to curb Chinese domination of minerals and help American mining companies make a major impact in the DRC. “A great day for Africa, a great day for the world,” Trump said. The accord also aims to bring an end to fighting between the DRC and Rwandan-backed forces, although the Rwandan-supported M23 rebel group have continued their hostile infiltration in the Eastern DRC.
American mining company Virtus is, with U.S. support, claiming to be “the first U.S.-owned operator back in the DRC in more than a decade”, with its investment in Chemaf, a local cobalt and copper producer with two mining operations, one, Étoile, in Lubumbashi and Mutoshi, in Kolwezi. Together it’s planned the mines will produce a combined 75,000 tonnes of copper, and 20,000 tonnes of cobalt a year. The processing plants are currently under development and will come online next year.
Virtus Minerals CEO and Chamaf Chairman. Phillip Braun, the Chargé d’Affaires U.S. Embassy Kinshasa Ian J. McCary, and Chemaf Managing Director Sooryanarayanan Prabhakaran cutting the ribbon of the new mine. (Virtus Minerals / Chemaf)
The minerals will ultimately be exported to the west through the Lobito Corridor to a port in Angola. Lobito is the rail route the U.S. has backed with a $5 billion investment commitment, with, according to a Virtus statement, “the aim of obtaining a secure, auditable copper and cobalt supply chain for the U.S. and its allies.”
THE WEST STILL DOESN’T GRASP THE DANGER OF CHINA’S RARE EARTH ENDGAME
Frans Cronje, president of the Washington-based Yorktown Foundation for Freedom, says the Virtus projects are significant because they show the administration is seriously trying to change the balance in a minerals battle with China.
He told Fox News Digital, “This development signals a more assertive United States effort to compete with China for access to Africa’s critical mineral base, particularly in the Democratic Republic of Congo, where cobalt and copper are strategically vital to global energy and defense supply chains.”
The U.S. and DRC flags fly outside Chemaf’s site in Kolwezi, Democratic Republic of the Congo. (Virtus Minerals / Chemaf)
Cronje added, “China has built deep structural dominance across much of Africa’s resource sector over the past two decades, but U.S.-backed initiatives such as this suggest a shift towards more direct engagement, rather than relying on Chinese-controlled supply routes. This matters because Africa’s vast resource endowment, combined with its geostrategic position along key Atlantic and Indian Ocean corridors, makes it central to future global economic and security competition.”
A State Department spokesperson told Fox News Digital, “President Trump and Secretary Rubio remain firmly committed to supporting U.S. companies that seek to do business in the DRC.”
AFRICAN WAR-TORN NATION INVOKES TRUMP ‘GOLDEN AGE’ FOR MINERALS DEAL IN EXCHANGE FOR BOOTING VIOLENT REBELS
Chemaf’s site in Kolwezi, Democratic Republic of the Congo. (Virtus Minerals / Chemaf)
“The United States government fully supports the efforts of Virtus Minerals,” the spokesperson continued. “This acquisition serves as an initial flagship U.S. investment in the DRC, and sends a clear signal that the U.S. private sector interest is real and will catalyze further investment in alignment with the U.S.-DRC Strategic Partnership Agreement, which positions the DRC to play an integral role in the Trump Administration’s global efforts to secure critical mineral supply chains.”
The spokesperson added that “increased U.S. investment will create quality jobs for American and Congolese workers, foster skills development and support local communities that have long been exploited by the opaque systems constructed and perpetuated by adversarial foreign actors who have controlled the DRC’s critical minerals sector.”
Cobalt and Copper mined from Chemaf’s Etoile site in Lubumbashi, DRC. (Virtus Minerals / Chemaf)
Virtus holds 56 mining licenses in total in the DRC. Phillip Braun, Virtus Minerals CEO and Chemaf chairman, told Fox News Digital, “Our first goal is to bring the Étoile and Mutoshi plants up to full production. From there, we will explore everything Chemaf’s 56 mining permits have to offer — copper, cobalt and other metals like tungsten.”
“None of this would be possible,” Braun added, “without the strong partnership now growing between the United States and the DRC, and the support of leaders in both countries who saw what was possible. We look forward to bringing our two nations closer by building a steady, trusted supply of the minerals we depend on and supporting other American companies that want to invest in the DRC any way we can.”
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“A more active U.S. presence in these supply chains,” Cronje continued, “would mark a significant rebalancing of influence on the continent, with implications not only for resource access but for broader geopolitical alignment in regions that are becoming increasingly contested.”
Fox News Digital reached out to the DRC government for comment, but did not receive a response.
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