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Latest news, sport, business, comment, analysis and reviews from the Guardian, the world's leading liberal voice
Would more North Sea drilling mean lower energy prices for UK consumers?

Kemi Badenoch claims increased UK oil and gas production would cut bills by £200, but critics say plan won’t work

Oil prices hit $100 a barrel soon after the US and Israel launched their attack on Iran, and though prices have wobbled since, ongoing supply issues from the partial closure of the strait of Hormuz mean they could leap higher, to $150 a barrel or more, by some estimates.

The impacts could be severe – not just increases in the price of petrol, and oil for home heating, but also in the cost of gas, with knock-on inflationary pressures on food, consumer goods and industrial components.

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Wed, 01 Apr 2026 14:00:01 GMT
A third inflationary shock in less than a decade is coming: who will pay the price this time around? | Aditya Chakrabortty

Brutal past experience has taught us that a cost of living crisis doesn’t affect us all the same, because we don’t all go into it with the same income or wealth

Perhaps the most celebrated writer on oil markets is Daniel Yergin. His work has won a Pulitzer and his advice sought by every president from Bill Clinton to Donald Trump. Let’s start by looking at an example.

Fifteen years ago, before the US and Israel started their war on Iran, killing thousands of civilians in the process, before the strait of Hormuz became as infamous as the Bermuda Triangle, and before experts declared “the greatest global energy security threat in history”, Yergin published The Quest: Energy, Security and the Remaking of the Modern World. After hearing Trump announce a “very soon” end to the conflict for the second – or was it the third? – time, I dug out my copy. Just as I remembered, it devotes a chapter to the Persian Gulf.

Aditya Chakrabortty is a Guardian columnist

Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.

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Wed, 01 Apr 2026 17:54:41 GMT
‘We got cancelled and we’re still here!’ Michael Patrick King on The Comeback – and why And Just Like That will age well

Could AI write an entire sitcom series? That’s the plot of the new season of comedy drama The Comeback. Its co-creator explains why it’s ‘very possible’ – and why the world needs to catch up with AJLT

TV veteran Michael Patrick King has had a long, lively career, writing, directing and producing on shows including Murphy Brown, Will & Grace and 2 Broke Girls. He’s best known, though, for his work on the Sex and the City franchise, serving as its showrunner for the bulk of its run, writing and directing its two films, and masterminding its controversial 2020s revival And Just Like That. But this month sees the return of one of his most loved, and perhaps most underwatched, shows: The Comeback.

Co-created and co-written with Lisa Kudrow, The Comeback first aired in 2005, telling the story of a gormless sitcom star named Valerie Cherish, played by Kudrow, trying to return to stardom through the then-new format of reality TV. The show had an awkward, blackly hilarious tone that was a hit with critics and the Emmys, but failed to find much of an audience. Nine years later, in 2014, it returned for a masterly second season in which Valerie – now playing herself in a gritty HBO dramatisation of the events of season one, and filming the whole thing as an audition tape for The Real Housewives – confronts her failing marriage and relationships.

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Wed, 01 Apr 2026 15:29:57 GMT
On the plane or the sofa? How England’s 2026 World Cup squad is shaping up

Only half of the 26 places appear nailed-on and some players benefited from missing the Uruguay and Japan games

Jordan Pickford remains the undisputed No 1. Harry Kane is irreplaceable up front. Declan Rice and Elliot Anderson look certain to start in midfield, nobody has emerged as a realistic challenger to Bukayo Saka on the right and Jude Bellingham’s hopes of grabbing the No 10 spot were done a world of good by other challengers failing to impress against Japan and Uruguay.

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Wed, 01 Apr 2026 11:50:39 GMT
‘The manosphere is dead and no one cares about Andrew Tate any more’: the poet taking on toxic masculinity

Sam Browne’s blend of brutal honesty and droll observation has made him a viral sensation. He talks about growing up in Southend, mental health and the healing power of poetry

On a cold night in east London, 21-year-old performance poet Sam Browne is telling a packed room of strangers about his second bout of psychosis. “I was in Morocco at 18, completely alone, and I started to feel that things weren’t real,” he says. “It got so bad that one day I turned to a random person and told him I was thinking of killing myself. He just said back to me: ‘Don’t do that – you’ll miss the sunset.’”

The room falls quiet and Browne breaks the tension by launching into a poem inspired by his Moroccan breakdown, You’ll Miss the Sunset. “The world is so beautiful, the least you could do is stick around to watch it,” he says with the hint of a smirk. “But it’s all shit, all of it, isn’t it?”

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Wed, 01 Apr 2026 15:53:56 GMT
High times or low blows? Experts fail to clear air over German drug legalisation

Cannabis policy still divisive two years in, with SPD hailing it while CDU minister says it is risk to young people’s health

It was a landmark piece of legislation passed by Germany’s previous, centre-left-led government: a measure that legalised the personal recreational use of cannabis for over-18s despite warnings from critics it would cause a steep rise in the drug’s use, including by teenagers, and boost criminal gangs.

Two years on, controversy over the move has still not been stubbed out, with critics and proponents at odds over its impact on consumption, youth welfare and organised crime.

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Wed, 01 Apr 2026 16:48:07 GMT
Trump says he is ‘absolutely’ considering withdrawing US from Nato

The president, a longtime critic of Nato, has stepped up criticism after allies refused to join the US-Israel war on Iran

Donald Trump has said he is “absolutely” considering withdrawing the US from Nato, warning that the matter was “beyond reconsideration” after the refusal of US allies to join the US-Israeli war against Iran.

The president’s threats, his most determined to date, have left the alliance facing its worst crisis in its 77-year history, a former US ambassador has said.

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Wed, 01 Apr 2026 17:45:20 GMT
Middle East crisis live: Iran says Trump’s claim of ceasefire request ‘baseless’

Trump claimed Iran’s ‘new president’ requested a ceasefire – but Iran’s president remains Pezeshkian, the same person it was before the war

Houthi forces in Yemen have claimed responsibility for a missile attack on southern Israel this morning, saying it was a joint operation with Iran and Hezbollah.

In a statement, the Houthi movement said it carried out its third missile attack in the conflict “in conjunction with Iran and Hezbollah in Lebanon”.

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Wed, 01 Apr 2026 17:53:10 GMT
Families condemn UK ‘impotence’ over UAE ‘social media misuse’ detentions

Ministers accused of being too fearful of offending Emirates to help Britons detained for sharing images of war

The families of UK citizens held in the United Arab Emirates over allegations that they shared images of the conflict with Iran have voiced frustration at the British government’s failure to help.

Several British citizens are among more than 100 foreign nationals who have been detained under draconian Emirate rules that outlaw publishing or sharing material that could “disturb public security”.

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Wed, 01 Apr 2026 16:00:02 GMT
Artemis II, Nasa’s first crewed lunar rocket in more than half a century, prepares for launch – watch and follow live

Follow latest updates, including how to watch the launch, as four astronauts prepare to set off on a 10-day, 685,000-mile journey with millions watching

The first photos of the Artemis II crew on launch day are appearing on the news wires now. Canadian astronaut Jeremy Hansen and Nasa astronauts Victor Glover, Reid Wiseman and Christina Koch were posing for pictures with their families before they’re expected to set off on a 10-day journey around the moon.

They were seen smiling and waving to the crowd ahead of the launch later expected later today:

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Wed, 01 Apr 2026 18:02:49 GMT




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