A new front in US-Iran war

Plus, why oil prices haven't gone crazy.

Go beyond the headlines with Reuters on the stories shaping the day. Subscribe for $1/week. Daily Briefing Daily Briefing By Kate Turton Hello. The Houthis announce a Saudi naval blockade, Modi calls for a foolproof exam system in India after youth protests, and Burnham targets lower energy bills in his first move as UK prime minister. Plus, why oil prices haven't gone crazy despite months of war. Today's Top News    Boats sail near the coast of Bab el-Mandeb, Yemen April 2, 2026. REUTERS Middle East Yemen's Iran-aligned Houthis said they would impose a naval blockade on Saudi Arabia, opening a potential new front against the United States in its war with Iran and raising the threat to global energy supplies and trade beyond the Gulf. Aid agencies, U.N. officials and Palestinian health authorities warn that Gaza is facing an unprecedented collapse of its water and sanitation systems, leaving much of the population trapped between immediate thirst and a longer-term environmental crisis whose consequences could last decades. US President Donald Trump said that Israeli Prime Minister Benjamin Netanyahu will not be arrested when he visits the US, after New York City Mayor Zohran Mamdani said he was still considering the move. In other news Indian Prime Minister Narendra Modi called for setting up a foolproof public examination system in the country, a day after supporters of the youth-led "cockroach" movement clashed with police as ‌they marched on parliament to protest against question paper leaks. Our photographers document the protests here. Voters will go to the polls in Arizona to choose nominees for the US Congress and governor, with races ‌that will set the tone for November's midterm elections in a state known for its competitive elections. You can ask Reuters anything about the midterm elections. Our reporters will answer questions in the Politics US newsletter. Nicaragua's long-serving president Daniel Ortega said the Central American country will no longer hold elections, eliminating the possibility ‌of an electoral challenge when his term ends next year and further entrenching the rule he shares with his wife. New British Prime Minister Andy Burnham said he would cut taxes on electricity bills in his first attempt to ease a lengthy cost-of-living crisis that has angered the public and helped stoke political instability. Global hunger declined for a third consecutive year in 2025, with improvements recorded across every continent, although mounting risks from climate ‌shocks and trade disruption could threaten further progress, a United Nations report said. Business & Markets   A drone view shows containers at the Manzanillo seaport, in Manzanillo, Mexico. REUTERS/Daniel Becerril/File Photo US and Mexican trade negotiators will meet for a third round of bilateral talks to try to push forward with revising the North American trade agreement, just as Trump slaps Canada with a new set of ‌punitive duties. Brazil's Pix, one of the world's most successful instant-payment systems, has become a flashpoint between Brasília and Washington as the Trump administration aims to protect US firms from the model's growing appeal in dozens of countries. The United States and China are planning to hold talks over AI in September, five sources familiar with ‌the matter told Reuters, as the superpowers confront how to regulate the risks posed by their increasingly powerful rival frontier models. Read our exclusive. Taco Bell is facing a wave of lawsuits after contaminated lettuce left hundreds sick and more than 100 hospitalized. Legal Reporter Jenna Greene explains why, under strict liability laws, plaintiffs don't even need to prove the chain did anything wrong. Listen now. As Russia deploys growing numbers of faster jet-propelled versions of its Shahed attack drone, some defence companies are racing to develop a new generation of faster interceptors. It’s 20 years since the economist Nicholas Stern made the financial case for stopping global warming. Though temperatures have risen, green energy is cheaper. In this episode of The Big View podcast, he tells Peter Thal Larsen that needed investments can boost the economy and the planet. Why oil prices haven't gone crazy despite 5 months of US-Iran war   As the United States and Israel went to war with Iran at the end of February, analysts predicted the price of crude oil could hit $150 a barrel or even rise as far as $200, with the fifth ‌of global supply that transits the vital Strait of Hormuz suddenly cut off from world markets. But, Brent crude futures peaked around $126 — comfortably below 2008's all-time high of $147 — and averaged just $101 a barrel between the start of the conflict on February 28 and June 11 when Donald Trump called off strikes on Iran, before briefly retreating to pre-war levels of $70 in early July. Read more And Finally... Argentina's Enzo Fernandez walks off after being shown a red card, July 19. REUTERS/John Sibley Reuters was at every stadium for every game of the 2026 FIFA World Cup. Here is a selection of some of the highlights, with the best of the action on and off the pitch, and the surprise moments that caught the eye of our editors. View photos   Sponsors are not involved in the creation of newsletters or other Reuters news content. Advertise in this newsletter or on Reuters' website   Reuters Daily Briefing is sent 5 days a week. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here. Want to stop receiving this email? Unsubscribe here. To manage which newsletters you're signed up for, click here. This email includes limited tracking for Reuters to understand whether you’ve engaged with its contents. For more information on how we process your personal information and your rights, please see our Privacy Statement. Terms & Conditions   © 2026 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036

Britain's 'King of the North' takes the reins

Plus, Spain's World Cup triumph alongside boo's for Trump and Infantino.

Go beyond the headlines with Reuters on the stories shaping the day. Subscribe for $1/week. Daily Briefing Daily Briefing By Claire Beers Hello. Britain welcomes its seventh prime minister in a decade, Iran says two oil tankers in the Strait of Hormuz have exploded and the FDA says the cyclospora parasite finding was a false positive. Plus, Spain's World Cup triumph alongside boo's for Trump and Infantino. Today's Top News   Andy Burnham speaks at 'Labour's Special Conference' in London, Britain. REUTERS/ Henry Nicholls "The King of the North," Andy Burnham, becomes Britain's seventh prime minister in a decade on Monday, promising to "rewire" the nation to focus more clearly on issues ‌people care about, such as a cost-of-living crisis and poorly performing services. The Reuters World News podcast has more.  US forces hit Iran for a ninth consecutive day as concerns grew over shipping through the Strait of Hormuz after Iran said ‌two oil tankers had exploded and been immobilized. Boos descended from the stands as US President Donald Trump and FIFA ‌chief Gianni Infantino took to the field for the World Cup trophy ceremony at New York New Jersey stadium. Spain beat defending champions Argentina 1-0 to win ⁠the title. India's youth-led Cockroach Janta Party movement said that two of its leaders would meet a senior federal minister on Monday for ‌talks as thousands of supporters gathered in Delhi to march on parliament despite a police ban. The US Food and Drug Administration said that laboratory experts re-checked lettuce sample results from Taylor Farms in an ‌investigation into an outbreak of the cyclospora parasite and concluded the finding should be considered a false positive. The mayor of a small Japanese city became the first sitting mayor in the country to take maternity leave, a decision that ‌has drawn some criticism at home and attracted international media attention. Business & Markets   Lee Seung-ho, a university student and investor, looks at a stock trading platform after an interview with Reuters in Seoul, South Korea. REUTERS/Kim Hong-Ji  Violent swings in South Korean stocks triggered a cascade of forced liquidations, wiping out entire gains for some investors. University student Lee Seung-ho said within weeks his account had fallen below his initial investment, leaving him under such strain that he said: "I literally could not breathe." For some 40 years, Suzuki cars dominated India's roads. Relentless focus on keeping prices and running costs low put millions of people behind the wheel. But as Indians got richer, they gravitated to bigger and flashier rides – and the automaker's emphasis on affordability has started to become a drag.  Ryanair's profit slumped by a third on higher fuel costs and weaker ‌fares in the April-June quarter, the airline said, while summer fares look set to fall amid consumer nervousness around the Iran war and broader economy. Saudi Arabia's Riyadh Air placed orders for 34 widebody aircraft with both Boeing and Airbus, as it accelerates ‌its plans to reach more than 100 destinations by 2030. Models of battery electric vehicles became more affordable in Germany between 2020 and 2025. The average BEV price, however, rose during the same period, reflecting a ⁠shift in model offerings toward larger, more expensive cars. In China, people brave simulated typhoons to prepare for the real thing   Participants practice evacuating an underground facility during a typhoon survival training session. REUTERS/Go Nakamura Huang Zhen, 34, shut his cafe for a day last week to be buffeted by ‌surging waters and powerful winds that knocked him off his feet — training for extreme weather events that are increasingly afflicting China. Huang was one of a dozen people attending a session at the Lvxing Disaster Simulation Training Center in Hangzhou, eastern China. For $235 per day, it offers a realistic experience of what it is like to be caught up in a typhoon or a flash flood, albeit with the advantage of wearing a wetsuit, a helmet ⁠and having a safety instructor to guide you. Read more And Finally... Cast member Zendaya attends the "The Odyssey" world premiere in London, Britain. REUTERS/Isabel Infantes Director Christopher Nolan's adaptation of "The Odyssey" had an epic debut, grossing $264.1 million in global ticket sales on its opening weekend, including $124.5 million in the US and Canada, Universal Pictures said. Read more   Sponsors are not involved in the creation of newsletters or other Reuters news content. Advertise in this newsletter or on Reuters' website   Reuters Daily Briefing is sent 5 days a week. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here. Want to stop receiving this email? Unsubscribe here. To manage which newsletters you're signed up for, click here. This email includes limited tracking for Reuters to understand whether you’ve engaged with its contents. For more information on how we process your personal information and your rights, please see our Privacy Statement. Terms & Conditions   © 2026 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036