Month: July 2026

Oil prices extend run higher as fighting flares in the Middle East

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The price of Brent crude climbed to just over $84 a barrel after soaring nearly 10% on Monday. US benchmark crude was up 1.4% at $79.20 a barrel.


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Oil prices are still below their wartime peak of nearly $120 a barrel, but uncertainty over the future stability of supplies deepened as the US and Iran each asserted they controlled the Strait of Hormuz.

US share futures were down 0.3% as the U.S. launched more strikes on Iran after President Donald Trump said Washington was “reinstating” a blockade on Iran in the strait.

Fighting in the region has kept oil tankers from using the waterway to deliver crude to customers from the Persian Gulf, driving up fuel prices worldwide.

Asia-Pacific shares slip overnight

In Asian trading, Tokyo’s Nikkei 225 lost 1% to 66,574.96 and the Kospi in South Korea declined 3.2% to 6,589.37.

The Shanghai Composite index lost 0.8% to 3,884.32, even though the government reported that China’s exports jumped 27% in June from a year earlier as adoption of artificial intelligence drove strong demand for computer chips and other technology.

Hong Kong’s Hang Seng edged 0.1% higher, to 24,230.46, while in Australia, the S&P/ASX 200 shed 0.5% to 8,767.00.

Monday on Wall Street, the S&P 500 fell 0.8%, coming off its fourth winning week in the last five. The Dow Jones Industrial Average dropped 0.3%, and the Nasdaq composite sank 1.6%.

Chip stocks like Micron Technology helped lead the way lower. Micron fell 4.4%, eating into what had been a stellar rise of 243.1% for the year so far.

Worries are rising that stock prices have shot too high and that the demand may not be sustainable if AI doesn’t deliver as much profit and productivity as expected.

Nvidia fell 3.5%. Because it’s the largest stock on Wall Street by value thanks to the euphoria around AI, it was the single heaviest weight on the S&P 500.

Investors turn to earnings

Much of Wall Street’s attention this week will be on profit reports from companies saying how much they earned during the spring. On Tuesday alone, Bank of America, Citigroup, JPMorgan Chase, Goldman Sachs and Wells Fargo are all releasing their latest quarterly results.

Analysts are forecasting that companies in the S&P 500 index will deliver overall growth of 23.6% from a year earlier, according to FactSet. If they’re right, it would be the second straight quarter of growth better than 20%.

Companies across industries will need to deliver strong growth to justify the big moves their stock prices have made. Indexes are near records despite their sharp recent swings due to worries around AI stocks.

More costly oil would push inflation higher, potentially leading the Federal Reserve and other central banks to raise interest rates. Higher rates can keep a lid on inflation, but they also slow the economy and hurt prices for all kinds of investments.

In other dealings early Tuesday, the US dollar slipped to 162.34 Japanese yen from 162.35 yen. The euro rose to $1.1391 from $1.1381.

Additional sources • AP

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Jordan Walker rallies to beat Kyle Schwarber in home run derby

Jordan Walker silenced Philadelphia’s boo birds by homering on his last six swings, chasing down Phillies slugger Kyle Schwarber in the final round and becoming the first St. Louis Cardinal to win the MLB All-Star Home Run Derby on Monday night.

Schwarber hit 11 homers during his 15-swing turn in the final round. Philadelphia, fans, who loudly booed everyone but Schwarber and Bryce Harper throughout the night, quietly headed to the exits when Walker’s winning shot soared over the left field wall.

“I was once told you don’t boo nobodies,” Walker said. “So it feels pretty good.”

Schwarber advanced out of the first round and then beat Boston’s Willson Contreras in a head-to-head matchup in the second round to face off against Walker, a 24-year-old who beat Tampa Bay’s Junior Caminero in Round 2.

Schwarber, the major league home run leader, had fans roaring on every swing.

Swinging away with the top button on his Cardinals jersey undone, the 24-year-old Walker seemed nonplussed by the jeers and the massive stage during All-Star festivities.

“He earned it,” Schwarber said.

Walker chewed a big wad of bubble gum and wore his cap backward just like Hall of Famer and derby great Ken Griffey Jr. He celebrated with his family immediately on the field, while his father rejoiced in recalling how Walker started hitting long home runs when he was 6 years old.

He fulfilled this childhood dream in dramatic fashion. Walker hit his seventh homer with two swings remaining and his eighth on the next swing to earn bonus swings. Needing to hit four straight homers to win, the right-handed-hitting Jordan knocked one off the top of the center field fence 401 feet away. He reached 10 homers, and Philadelphia fans booed with all their might, only for Jordan to finish the sensational surge and celebrate as fireworks shot off around him.

“That was impressive,” said Schwarber, a runner-up for the second time.

Walker is a first-time All-Star for the Cardinals having a breakout season. He has a career high 22 homers after struggling with a combined 11 over the previous two years.

Those final six in Philadelphia are now stamped on the derby highlight reel.

Revamped Derby format delivers drama

MLB ditched its timed clock and returned to a swing format, with each hitter continuing to swing if he went deep on his final one.

The extra time between swings gave hitters time to track their home runs — and Philadelphia a smidge more time to unleash those throaty boos at Contreras and Walker.

Each player had 20 swings in the first round and the top four advanced. Hitters were seeded for the second round, where No. 1 faces 4 and 2 meets 3.

Each player got 15 swings in the second round, with batters homering on their final swings continuing until they fell short.

Gelston writes for the Associated Press.

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Birthday present for Spain’s Yamal? World Cup semifinal win over France | World Cup 2026

Lamine Yamal insists he would take no fear into Spain’s World Cup semifinal against France when both sides meet after he celebrated his 19th birthday.

The Barcelona prodigy raised eyebrows following Spain’s 2-1 quarterfinal defeat of Belgium last week after being quoted as saying that France rather than Spain ought to be “afraid” given recent defeats against La Roja.

A relaxed-looking Yamal addressed those comments as he spoke to reporters on Monday at a press conference.

“I was asked if I was afraid of France, and I said no,” Yamal explained. “We are European champions. It’s simply football,” the teenager explained.

Yamal said he had marked his 19th birthday by buying a chunky jewel-encrusted necklace he wore to his press conference. The real birthday present, though, would be a place in Sunday’s World Cup final.

“I haven’t received many gifts yet. The best gift would be a win on Tuesday and a trip to New York,” he said.

While other stars at this World Cup have been in blistering goal-scoring form, Yamal so far has only found the net once during the tournament – but is ready to add to his tally against France.

“I don’t focus on goals, but it’s always special to score in a match like this. I accept the challenge. That’s why I came here,” Yamal said, promising a “beautiful match for the spectators”.

“It’s the game everyone was waiting for,” he added.

While acknowledging the momentous nature of Tuesday’s game, Yamal remained laid-back in his approach.

“There are far more difficult situations in life than a football match, so I’m calm,” he said. “I don’t feel any extra pressure; I’ll go out and play like always and give my all for the team.”

Spain players form a guard of honor for Spain's forward Lamine Yamal (C) to celebrate his birthday during a training session on the eve of the 2026 World Cup football tournament semi-final match between France and Spain at the Cotton Bowl Stadium in Dallas on July 13, 2026. (Photo by MAURO PIMENTEL / AFP)
Spain’s players formed a guard of honour for Yamal to celebrate his birthday [Maurio Pimentel/AFP]

‘We’ve known each other for a while’

Spain coach Luis de la Fuente says his team plan to go on the “front foot” against tournament favourites France when they face off in a heavyweight semifinal showdown.

De la Fuente’s Spain will attempt to impose their possession-based game on France in what is shaping up as a gripping clash of styles.

While France coach Didier Deschamps insists Spain remain favourites for the World Cup, betting markets overwhelmingly back France to clinch a second title in three attempts.

Les Bleus have powered into the last four with a scintillating brand of attacking football based around such talents as Kylian Mbappe, Michael Olise and Ousmane Dembele.

But De la Fuente, whose team have beaten France in their last two meetings, is quietly plotting another ambush at the AT&T Stadium in Arlington, Texas on Tuesday.

“We’ve already analysed France in great detail; we’ve known each other for a while now,” De la Fuente said.

“We faced each other for a few years now, and they have great players, but so do we. We have to put all of our virtues on the table and try to counteract the strengths of the opponent.

“And that’s what football is about – the team that strikes a better balance is usually closer to getting the victory.

“We’ll have to think about their players. We’ll try to win those duels and will try to be on the front foot during the game, imposing our style.”

Soccer Football - FIFA World Cup 2026 - Spain Training - Cotton Bowl Stadium, Dallas, Texas, U.S. - July 13, 2026 Spain's Lamine Yamal during training REUTERS/Albert Gea
Spain’s players train at Cotton Bowl Stadium, in Dallas, Texas, US on July 13, 2026 [Albert Gea/Reuters]

France ‘far better’

De la Fuente, though, is under no illusions about the difficulty of the task facing his side.

France, he said, have improved significantly since Spain defeated them 5-4 in a hectic UEFA Nations League semifinal in Stuttgart last year, when the Spaniards led 5-1 before a late French rally. That encounter would bear no resemblance to Tuesday’s game, De la Fuente said.

“We’re talking about two very different matches,” he admitted.

“Tomorrow is another semifinal. I will just try to repeat the positive scenarios, but there were other details where things weren’t that positive.

“We were winning 5-1, and in a few minutes they managed to make it 5-4. So we’re trying to repeat what we did well and the opposite of what we didn’t do well.

“We need to try and impose our game. We have completely antagonistic playing styles, so we’ll try to be on the front foot and take the initiative.”

De la Fuente also believes a maturing France squad will be a tougher proposition.

“I think they are a better team, far better, because those players have grown, and what they are doing now is better than what they were doing then,” he said.

“So they’ve improved their skills in the past two years, and that’s the reality.”

While controlling possession and tempo will be key, De la Fuente will also tell his players to savour the challenge. Asked what his final message to his team would be, he replied: “Let’s get out there and enjoy it.

“We are in a unique setting. Who knows whether we will come back? We must be the team that we know that we can be. We must be strong and try to counter the strength of the opponent.”

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World Cup 2026: Who will win the tournament? The view from the semi-finalists

Guillem Balague, Spanish journalist:

Spain – the best team.

France – the best player and the most frightening attack.

Argentina – the best idea: doing more with less than anyone else.

England – two world-class players on form.

All four semi-finalists have what is needed to win the tournament.

If Spain take the ball off France and stop their counters – plus if they are more efficient than they have been – they have a very good chance of making it to the final.

But they have to play the perfect game, with the perfect (or a very good) Lamine Yamal.

Argentina will try to make the game against England uneventful, and then wait for a moment of brilliance from Lionel Messi or Julian Alvarez. But they have been playing with fire.

England are still trying to find their identity but they have a huge amount of personality and two world-class stars.

A final of Spain v England would be incredible. And in a way a win-win for me, but I would like England to win a World Cup soon. This could be the summer.

Spanish fans in the United States:

Lionel: France will be tough but I think we can beat them and, if we do, we have a strong chance. We are strong in attack and strong in defence. The only downside is Pedri hasn’t played at this top level yet.

Jack: Argentina are looking strong but England can’t be ruled out. They have Harry Kane, who is one of the most difficult strikers in the world.

Michel: Spain will win the tournament, I have no doubt. No one is giving us a chance against France but we will control the match and beat them. The winners of that game will win the tournament.

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A family group walking holiday in Exmoor: steam trains, tree climbing and lashings of ice-cream | Family holidays

“I’m not going to wake her up,” I hiss at my 12-year-old son who’s standing half naked in a dark corridor of a Victorian house. “Please, Mum. She said we could come at any time! I don’t want to get Lyme disease,” he begs.

This is not the kind of drama I was expecting when I signed up to a family walking holiday in Exmoor. A few meltdowns about an extra mile or a blister perhaps, but not a night mission to one of the guides to request a tick removal.

The door opens and Jill comes out brandishing her tweezers. “Have you found another one?” she says cheerily as she whips out the bug that’s buried its head in my son’s torso.

As we trot back to our room, I feel as though I’ve walked into one of the Enid Blyton boarding school books I devoured as a child, returning from a visit to matron with the warm fuzzy feeling of being safe and looked after. Everything about this HF Holidays trip, based at Holnicote House, near Selworthy, feels as though I’ve stepped into a little piece of British history. From the morning briefings in the boot room to pre-dinner hula-hooping on the lawn, we could easily have time travelled to 1956.

The company – a cooperative – has been around since 1913, when Lancashire pastor Thomas Arthur Leonard founded the Holiday Fellowship to give working people access to countryside walking holidays. More than a century later, much of that original spirit survives: communal dining tables, organised walks, evening entertainment and the feeling that everyone has collectively agreed to leave behind modern life for a few days.

The holiday is based at Holnicote House. Photograph: Andrew Hasson/Alamy

I’ve come with my two daughters, 10 and 14, and my son in the hope that one of them might turn into a new walking buddy. Since marrying my husband 18 years ago, holidays have tended towards the accessible – he has partial paralysis – and long hikes, ridge walks and muddy scrambles are things I associate with a previous version of myself. This time I’ve left him at home and have four days (and four walks) to turn the kids on to the pleasures of the great outdoors. We share two rooms with Victorian sash windows and built-in cupboards, simple but spacious. The house has been an HF Holidays property since 1952 and has 32 rooms (14 are singles), sleeping up to 50. This week, there are about 40 of us.

Over scones and cream at the arrival briefing, the kids scour the room for children their age, while I clock other solo parents and grandparents along with a couple of multigenerational family groups. Each day, we can choose from four walks graded in difficulty from level one (about 3 miles), to level four (about 10 miles and with the steepest ascent).

We quickly find our stride: ticking boxes to order packed lunches; attending evening briefings to choose the next day’s walk; joining in organised nightly activities. It’s an introduction for my children to a particular brand of Britishness – one of tea in the drawing room and snacks in brown paper bags, of camaraderie and can-do. And although they are the only mixed-race children here, they easily fold into the tribe of HF Holidays repeaters. Their presence speaks to the history of this country mansion, which during the second world war became Britain’s first mixed-race orphanage, established for children born to Black American GIs and white British mothers at a time when many faced open hostility and rejection.

Two of the writer’s children. Photograph: Antonia Windsor

My children’s initial resistance to the idea of a walking holiday turns to enthusiasm when they realise we’re all in it together and friends made out on the lawn are also on the walks with them. Each day, we’re out for five or six hours. The walks are so brilliantly paced with snack stops, paddle stops, tree climbing stops and the promise of ice-cream at the end, that even my youngest, the most reluctant, happily keeps pace and asks questions about trees and flowers. Mary, our guide, was a geography teacher and imparts her encyclopaedic knowledge engagingly, getting us to count rings on felled trees to determine their age or to guess which leaves come from which tree. We’ve borrowed some binoculars and enjoy identifying the white feathers of a buzzard’s belly and working out the name of a cargo ship far away in the Bristol Channel.

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The walks, which are largely circular, cover varied landscapes: fields of buttercups and noisy sheep, pine forests and cliff paths. A particular favourite is a walk that starts by travelling two stops on the steam train of the West Somerset Railway and ends with a visit to Dunster Castle, which emerges fairytale-like from a deer-filled field.

Panorama view of Dunster castle in England. Photograph: Pavel Dudek/Alamy

As a solo parent I’m never lonely. Long conversations on walks lead to shared meals and drinks. The children bag “kids tables” at dinner, forcing us adults to mingle. I share one meal with a father who’s with his youngest while the older children are home revising, another with a woman who’s brought her grandchildren (up to three under-11s stay for free with a paying adult). Nearly everyone has been on an HF Holiday before; many came themselves as children. The food is surprisingly good with nightly three-course dinners; my son loves the soups, my eldest the salads and the youngest feels too grown up for the kids menu of burgers and nuggets and opts instead for fish and couscous, or chicken and potato gratin.

The holiday ends with dancing to a live ceilidh band. The final song has Sally walking down an alley and meeting a man from Tennessee. I think of those young English girls and their GI lovers, and for all the old-fashioned fun of the past few days I feel grateful I’ve had my children in a different era. Watching my daughters line dance with pensioners, I vow that this is where I, too, will bring my grandchildren, if I’m lucky enough to have them. But until then, I will bring my son, who tells me on the drive home that he preferred this holiday to any beach holiday we’ve had – despite the ticks. I think I may just have found myself a new walking buddy.

The trip was provided by HF Holidays. The next four-night Exmoor Family Walking Adventures are on 17 and 24 August, £909pp (under-11s free), including full board and daily guided walks. Book now for discounts of up to £172pp for Easter, August and October 2027

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Coronation Street spoilers: Betsy’s fate as Dylan under fire and Sarah exposed

New Coronation Street spoilers for next week’s episodes have teased murder secrets are exposed, with exits hinted at and there’s an update on Betsy Swain’s health

There’s some huge moments ahead on Coronation Street next week, new spoilers have revealed.

Sarah has nowhere left to hide as her killer secret is exposed. Kit tries to quiz McLaughlin about Theo’s murder case, but McLaughlin gives nothing away.

Sarah is worried about her outfit from the night Theo died, which is with forensics, while Kit thinks Gary will be arrested. As the evidence all points to Sarah, she is arrested.

Sarah feigns innocence at the station, while Lisa warns Kit that he too is under suspicion. Warning him to stop protecting Sarah, Lisa tells Kit they are going to charge Sarah with murder.

Back on the street, Maria confides in Gary that she’s worried sick the police will release Sarah and come after him instead. She’s left even more concerned when at the salon, Maria clocks Sally’s screensaver which is a picture from Carla’s wedding.

Maria notices Gary is in the background, before telling Gary it will prove he was lying about being at the builder’s yard all evening. Kit tries to get Sarah to confess to Gary’s involvement, before Kit lashes out at Gary for playing happy families while Sarah rots in a cell.

Adam offers to help Kit look after Harry, while Maria is conflicted about her future with Gary, so she goes to visit Sarah. As the week draws to a close, Sarah finally confesses to killing Theo.

Sarah tells Kit it was Jodie who attacked her, leaving him stunned. Brody rounds on Dylan for spreading lies about him, while Ryan tells Dylan some home truths which make him question his part in what happened to Betsy. Dylan visits Betsy and tells her that he accepts that he’s responsible for what happened to her.

When a police officer arrives, what will Betsy tell them? Christina is forced to admit to Todd that she’s still not got a grip on her spending, so Todd covers for her to George.

Summer warns Todd that covering for Christina will end in disaster. Todd confides in James that he plans to give Theo’s life insurance away, only for Christina to believe Todd is planning on giving George some money.

Lauren’s left saddened when Ollie reveals he’s been offered a job in Brighton. Soon, Leanne offers Ollie the job of chef at Speed Daal and he gratefully accepts.

So it’s safe to say it’s another big week with twists ahead on the cobbles. Stay tuned for much more as there’s lots to come.

Coronation Street airs weeknights at 8:30pm on ITV1 and ITV X. * Follow Mirror Celebs and TV on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads .



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BBC Sport quiz: Who am I? Guess World Cup star footballer #37

Welcome to our Who am I? game.

The rules are simple. Each day there’s a new footballer and the challenge is to guess who they are in as few attempts as possible.

After each wrong guess you unlock a new clue. Guess the answer after as few clues as possible to score more points.

Three is a good score, four or five points is exceptional.

So take part and return for more tomorrow.

Today’s player and clues set by BBC Sport’s Joe Rindl.

After more quizzes? Go to our dedicated Football Quizzes and Sports Quizzes pages and sign up for notifications to get the latest quizzes sent straight to your device.

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Trump threatens to attack ‘Pickaxe Mountain’ a nuclear facility inside Ira | Conflict

NewsFeed

US President Donald Trump is threatening to attack a heavily-fortified underground nuclear facility in Iran known as ‘Pickaxe Mountain’. It followed a third night of US strikes and a demand the US be paid 20% of the value of all cargo passing through the Strait of Hormuz.

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‘Beijing is laughing’ at US-Mexico-Canada stalled trade talks | Newsfeed

NewsFeed

A US trade expert says the US, Mexico, and Canada need to hold trilateral talks to get a cross-border trade deal signed. Ex-lead US international trade negotiator Harry Broadman says the longer it takes Trump to get a trade deal with his neighbours, the weaker he looks to China.

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Heartbroken reason Jesy Nelson’s twin daughters’ treatment for SMA was delayed

JESY Nelson has revealed the tragic reason her twin daughters’ treatment for SMA was delayed – despite the increased risk of permanent nerve and muscle damage.

The former Little Mix star details the heartbreaking moment Ocean Jade and Story Monroe, who have have Spinal Muscular Atrophy Type 1, are forced to miss out on the gene-therapy infusion earlier this year.

Jesy Nelson opens up about the twins’ health battle in her new Life Changing documentary Credit: Amazon
Story and Ocean were rushed to hospital with pneumonia when they were ready for treatment Credit: Instagram

In her new Prime Video documentary, Jesy Nelson: Life Changing, Jesy says Story was rushed to hospital with pneumonia – just days before Ocean was struck down by another illness.

Speaking in the docu-series, which is released on Friday, July 17, Jesy said: “Not long after we got the diagnosis, they were booked in to have their treatment.

“Then Story got pneumonia and was really struggling to breathe.

“She started choking so we had to rush her into hospital. It breaks my heart because she’s so vulnerable.

JESY’S HURT

Jesy Nelson breaks down in tears as she reveals mum guilt over twins’ struggle


PROUD MUM

Jesy Nelson shares her daughter’s milestone moment amid heartbreaking SMA battle

“That’s when we were told that she can’t have the treatment.”

Any delay in treatment increases the chance of permanent nerve and muscle damage

After close monitoring, it was decided that Story and Ocen were not well enough to receive the gene therapy.

Jesy added: “That was when she got given her breathing machine.

“She came home and then Ocean got ill.”

During the episode, which began filming straight after the cameras stopped rolling on her first series, Life After Little Mix.

Zion Foster celebrates his twin daughters’ 1st birthday Credit: Instagram
Jesy has been documenting the twins’ SMA battle Credit: Amazon

Her partner Zion Foster – who has since split from Jesy – said: “I’m not equipped to deal with this. I’m out of my depth; emotionally, physically and mentally.”

The documentary covers their split, which was revealed by The Sun earlier this year.

Jesy has since thrown herself into work – tirelessly campaigning to raise awareness of SMA and pressure the government to add the condition onto the NHS newborn heel-prick test, which currently screens for ten other conditions.

On Wednesday, April 1, the Department of Health and Social Care announced that England will bring forward the newborn screening of SMA.

A phased rollout will begin in October 2026. However, screening will not be available in all parts of England.

Spinal Muscular Atrophy: Signs and symptoms

Spinal muscular atrophy is a disease which takes away a persons strength and it causes problems by disrupting the motor nerve cells in the spinal cord.

This causes an individual to lose the ability to walk, eat and breathe.

There are four types of SMA – which are based on age.

  • Type 1 is diagnosed within the first six months of life and is usually fatal.
  • Type 2 is diagnosed after six months of age.
  • Type 3 is diagnosed after 18 months of age and may require the individual to use a wheelchair.
  • Type 4 is the rarest form of SMA and usually only surfaces in adulthood.

What are the symptoms?

The symptoms of SMA will depend on which type of condition you have.

But the following are the most common symptoms:

• Floppy or weak arms and legs

• Movement problems – such as difficulty sitting up, crawling or walking

• Twitching or shaking muscles

• Bone and joint problems – such as an unusually curved spine

• Swallowing problems

• Breathing difficulties

However, SMA does not affect a person’s intelligence and it does not cause learning disabilities.

How common is it?

The majority of the time a child can only be born with the condition if both of their parents have a fault gene which causes SMA.

Usually, the parent would not have the condition themselves – they would only act as a carrier.

Statistics show around 1 in every 40 to 60 people is a carrier of the gene which can cause SMA.

If two parents carry the faulty gene there is a 1 in 4 (25 per cent) chance their child will get Spinal muscular atrophy.

It affects around 1 in 11,000 babies.

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Football gossip: Estupinan, Guimaraes, Chavarria, Chalobah, Kone, Bardghji

Aston Villa assess Pervis Estupinan, Bruno Guimaraes is not for sale, Inter Milan give up on signing Trevoh Chalobah.

AC Milan’s Ecuador left-back Pervis Estupinan, 28, is one of the targets being assessed by Aston Villa. (Mail), external

Bruno Guimaraes is viewed as not being for sale by Newcastle, despite rumours of Arsenal thinking they could get the 28-year-old Brazil midfielder for £50m. (Newcastle Chronicle), external

Inter Milan have given up on signing England defender Trevoh Chalobah as they cannot afford Chelsea‘s asking price of £30m, but Como are still interested in the 27-year-old. (Corriere dello Sport – in Italian), external

Chelsea are set make an offer which could reach £21m for Rayo Vallecano‘s Spanish left-back Pep Chavarria, 28. (Marca – in Spanish), external

Roma have had an offer of 40m euros rejected by Atletico Madrid for 25-year-old Manu Kone. Manchester United and Liverpool are also interested in the France defender. (Corriere dello Sport – in Italian), external

Aston Villa, Leeds United, Sunderland, Fulham and Brighton are all interested in 20-year-old Sweden and Barcelona winger Roony Bardghji. (Sport via Sport Witness), external

Hull City and Southampton are interested in German Werder Bremen forward Justin Nijnmah, 25. (Bild – in German), external

Thomas Schjelderup’s performances for Norway at the World Cup have increased Benfica‘s asking price for the 22-year-old winger to £43m. Chelsea, Liverpool and Tottenham are interested in him. (A Bola – in Portuguese), external

Sporting, Wolves and Southampton have all had approaches turned down for Tottenham‘s 21-year-old striker Will Lankshear. He has represented England at youth level and spent last season on loan at Oxford United. (Football.London), external

Barcelona are open to selling Spain midfielder Ferran Torres, 26, to avoid having to pay his former club Manchester City about £7m if they extend his contract. (Athletic – subscription required), external

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‘Kylian is fine’: France ready, full-strength for Spain World Cup semifinal | World Cup 2026

France will not willingly surrender possession to Spain in their World Cup semifinal, coach Didier Deschamps said while confirming Kylian Mbappe’s full availability for the crucial fixture.

“Spain can apply a lot of pressure, but we are also a team who need the ball,” Deschamps told reporters on Monday. “There will be a battle for control.”

Spain have built their run to the last four around their ability to dominate the ball, press opponents deep into their own half and control the rhythm of matches.

France possess the pace to hurt them on the break, but Deschamps rejected the idea that his side would be content merely to defend and wait for transitions.

Midfielder Warren Zaire-Emery said France’s range of qualities gave them several ways to approach the contest.

“Spain have great quality on the ball,” he said. “We have the qualities to attack quickly on the counter, to keep possession ourselves and to defend well.

“The course of the game will dictate things. I cannot say now exactly how the match will unfold.”

Tchouameni available to play

France’s prospects of competing in the central areas have been strengthened by the return of Aurelien Tchouameni, who last played in the 3-0 round of 32 victory over Sweden on June 30.

He missed the 1-0 win in the last 16 versus Paraguay and the 2-0 quarterfinal victory over Morocco with a hamstring problem.

Deschamps said the 26-year-old Real Madrid midfielder had not yet fully recovered but was available for selection after being left out of the previous game as a precaution.

“For the last match, the risk was too high,” he said. “He is better today, although we cannot say he is 100% recovered.

“His last game was two weeks ago, but that is not prohibitive. The important thing is that he is available.”

Tchouameni’s presence would give France a natural holding midfielder capable of protecting the defence, competing physically and helping the team play through Spain’s pressure.

Mbappe skips part of France training, set to play against Spain

France captain Kylian Mbappe did not complete Monday’s final training session after suffering a minor ankle injury during Les Bleus’ quarterfinal win over Morocco.

Mbappe, who was substituted late in France’s 2-0 victory last Thursday, was partly rested during Monday’s session.

The injury is not expected to prevent him from playing on Tuesday.

“Kylian is fine,” Deschamps said.

Asked if Mbappe had trained, he added: “Yes, he trained. He is allowed to do 10 minutes in one drill instead of 15.”

France's forward #10 Kylian Mbappe takes part in an MD-1 training session at the Southern Methodist University (SMU) in University Park, Texas on July 13, 2026, on the eve of the 2026 World Cup football tournament semi-final match between France and Spain. (Photo by FRANCK FIFE / AFP)
France forward Kylian Mbappe takes part in an MD-1 training session at the Southern Methodist University (SMU) in University Park, Texas on July 13, 2026, on the eve of the 2026 World Cup football tournament semifinal match between France and Spain [Franck Fife/AFP]

Midfield configuration

Deschamps could also retain the midfield configuration that carried France past Morocco, with Manu Kone alongside Adrien Rabiot. Zaire-Emery provides another option in an area likely to determine whether Spain can impose their familiar rhythm.

Spain’s possession game is designed not only to create openings but also to exhaust opponents by shifting the ball repeatedly from one side to the other.

Full-back Jules Kounde said on Monday that France would need possession of their own to disrupt that pattern rather than allow Spain to settle into prolonged spells of control.

Deschamps believes France’s experience of recent major tournaments will help them manage those different phases, although he insisted past meetings with Spain offered no guarantee of how Tuesday’s match would develop.

Spain eliminated France in the Euro 2024 semifinals before beating them again in the Nations League last four in 2025.

“There are no particular lessons,” Deschamps said. “There was one truth in those matches, with the players who were present on both sides at that time.

“The players are different now, and they are not necessarily at the same level of form.

“Spain won those two matches, so congratulations to them, but what interests me is tomorrow’s game.”

Adaptation central to France consistency

The France coach said adaptation had been central to his side’s consistency, with Les Bleus now seeking to reach a third successive World Cup final.

“When you are a coach, the key word is adaptation,” explained Deschamps.

“Football is not an exact science, but preparation and planning are always important, right down to the smallest detail.”

France’s attacking threat has been led by Mbappe, the tournament’s top scorer.

However, the semifinal may hinge on whether Deschamps’ midfield can prevent Spain from monopolising the ball and still provide the forwards with enough service.

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TV presenter’s apology slammed after ‘insensitive’ Ann Widdecombe remark on air

Carole Malone has hit out at Adam Boulton after the former Sky News presenter described Ann Widdecombe as a ‘spinster’ and ‘old maid’ on live television.

A former Sky News star has been criticised for comments he made about Ann Widdecombe by broadcaster Carole Malone.

The former Conservative politician and Reform UK spokesperson’s death aged 78 was announced on Friday, July 10. It was confirmed she was found dead at her Devon home the day before after sustaining serious injuries.

While her agents released a statement paying tribute, no cause of death has been given, and a police investigation has been ongoing. In the days that have followed her death, headlines have been focused on the investigation across all major news outlets.

However, one presenter has been slammed for his comments, and later issued an apology. Adam Boulton had described Strictly Come Dancing star Ann as a “spinster” and an “old maid”.

He said on Sky News: “She was very much a spinster, by the end I think you’d probably describe her as an old maid. Reportedly, she claimed that she was a virgin.”

After his comments on live TV, Boulton issued an apology, saying: “I was seriously wrong and insensitive in one of the several media appearances I made yesterday in reaction to the death of Ann Widdecombe. I got the timing and tone of my initial word portrait of her wrong.

“Of course I shared, and share, the horror at her murder and the respect for her remarkable and feisty political career. I also know that many people loved her for her subsequent showbiz stardom. Her untimely death is a horrible thing.

“My mistaken view was that in the context of rolling news coverage, I was being asked to contribute as an obituarist who has known her and interacted with her since the 1980s. This approach was premature.

“At no point was I expressing my personal feelings about her, that’s not what I do. I was discussing her life in the round, based on the record of known facts and what she has said about herself, along with some recollections of our personal interactions. My choice of words on the spur of the moment was clumsy. I did not intend to offend though obviously I did.”

Boulton went on to call himself a freelance contributor, and said he was “freely” issuing the apology after confessing “I got this badly wrong”. He also apologised to Sky News and Times Radio for the “unwarranted” criticism the outlets received over his “mistake”.

Among the criticism he has received, Carole Malone lashed out, writing on X: “You’re a very clever man. How could you not have known what you were saying as it was coming out of your mouth. Or are you really so lacking in compassion and sensitivity? Your apology is not so much about Ann but more about you saving your various work contracts.”

Malone elsewhere wrote on X, unrelated to Boulton’s apology: “All those cretinous savages gleefully celebrating the brutal murder of Ann Widdecombe – a 78 year old lady who spent her last moments on this earth in abject terror – there’s a special place in Hell for you all. The universe has a way of coming for morons like you!”

Mirror has approached Boulton’s representative for a comment. The latest from the investigation into Ann Widdecombe’s death has seen the police arrest a 28-year-old white British man in Rotherham, South Yorkshire.

Counter Terrorism Policing South East has said “new information and evidence has come to light” as they are leading the investigation. Home Secretary Shabana Mahmood also issued a statement saying: “The police are pursuing multiple lines of enquiry to establish the motivation for this attack. I will be updating the House further this afternoon.”

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World Cup 2026: Declan Rice – England to make late call midfielder for semi-final

England will make a late decision on whether Declan Rice is fit to start the World Cup semi-final against Argentina.

But there remains optimism the Arsenal midfielder can shake off the effects of an illness to play on Wednesday.

Rice, who suffered with a sickness bug in the lead-up to Saturday’s quarter-final victory over Norway in Miami, was substituted at half-time.

Head coach Thomas Tuchel admitted afterwards that Rice had spent three days in bed before the match, which England won 2-1 after extra time.

It is understood Rice still has not recovered fully from the illness – picked up in Mexico, where England beat the co-hosts 3-2 in the last 16 – but his condition has improved markedly over the past 48 hours.

As things stand, there is growing hope he will be well enough to start in Atlanta.

Rice is almost certain to rule himself fit for the semi-final given the enormity of the occasion.

But given the severity of the illness, England medics are set to make a late call on his availability.

And Tuchel will wait to see how rapidly his condition improves before making a final decision on whether to pick him.

In addition to his recovery from the sickness bug, Rice has also been carrying a neural problem for several months, affecting his lower back and hamstring.

The midfielder, who has 78 caps, has started all but one of England’s World Cup games so far, missing the 2-0 group-stage win over Panama because of an injury flare-up.

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Ukraine Getting License To Build Aster 30 Anti-Missile Interceptors

French President Emmanuel Macron says Ukraine is in line to get a license to produce Aster 30 missiles domestically. Aster 30 is the anti-air interceptor used in the SAMP/T surface-to-air missile system, examples of which are already in Ukrainian service. The Franco-Italian SAMP/T is often described as an analog to the U.S.-made Patriot, and both systems offer Ukraine vital anti-ballistic missile capability.

2018 – SAMP/T live firing by FASF in Le Levant thumbnail

2018 – SAMP/T live firing by FASF in Le Levant




Ukraine is still in desperate need of additional capacity to shoot down incoming Russian ballistic missiles, especially amid shortages of missiles for its Patriots. Just last week, U.S. President Donald Trump also said he would approve a license for Ukraine to domestically produce Patriot interceptors. Significant questions remain about the exact timeline for when Ukraine might begin domestic production of munitions for either system, along with a host of other factors that will need to be addressed, as TWZ just explored in detail after Trump’s announcement regarding Patriot.

The French President spoke alongside Ukrainian President Volodymyr Zelensky, British Prime Minister Keir Starmer, and German Chancellor Friedrich Merz at a press conference at the Coalition of the Willing summit today in Paris. A total of 25 world leaders were in attendance. At this event, the governments of Ukraine, Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, and the United Kingdom also announced the creation of an Integrated Anti-Ballistic Missile Coalition. The coalition will pool resources to develop new anti-ballistic missile defense capabilities.

“Earlier this afternoon [Ukrainian] President Zelenskiy and I agreed ​on a roadmap between our two countries, implementing what ​had been agreed in principle last November regarding ⁠our bilateral defense cooperation,” Macron said at a press conference today, per a translation of his remarks from Reuters.

This is set to include the license production of Aster 30, as well as AASM Hammer-series precision-guided bombs and SCALP cruise missiles. France has already supplied tranches of all three of these munitions to Ukraine. It’s also worth noting that Ukrainian forces have also received Storm Shadow cruise missiles from the United Kingdom, which are nearly identical to SCALP.

Macron also highlighted planned deliveries of SAMP/T and SAMP/T NG surface-to-air missile systems to Ukrainian forces, which are set to start at least later this year. The SAMP/T NG is an upgraded version of the baseline SAMP/T type, and is designed to offer an expanded engagement envelope, both in terms of altitude and maximum range, primarily through the inclusion of new radars. The French and Italian versions of SAMP/T NG differ in the exact radar used (the French Thales GF 300 or the Kronos Grand Mobile HP from Italy’s Leonardo). Improved Aster 30 variants are also in development. Ukraine currently has two baseline SAMP/T systems, one from France and the other from Italy.

Eurosam SAMP/T systems with ASTER missiles thumbnail

Eurosam SAMP/T systems with ASTER missiles




In addition, the French President talked about progress in Ukraine’s planned acquisition of French-made Rafale fighters, with the goal now being to deliver the first 16 of those aircraft in the 2028-2029 timeframe. You can read more about those plans, which were first announced last year, here.

The move by French authorities to allow Ukraine to produce Aster 30s domestically is particularly significant. Russian ballistic missiles, including ground-launched types and the air-launched Kinzhal, have and continue to present a threat that is especially difficult for Ukraine to manage. Ballistic missiles hurtle back to Earth at very high speeds in the terminal phase of flight, making them very challenging to intercept compared to other kinds of missiles, in general.

In recent years, Russia has also begun using ballistic missiles with enhanced maneuvering capabilities to make them even more difficult to knock down, even by more advanced air defense systems like Patriot. French Air Force Gen. Fabien Mandon, the chief of the French defense staff, claimed last year that SAMP/T was actually proving to be more effective than Patriot against Russian ballistic threats.

“We helped Ukraine by deploying missile and drone interception systems called the SAMP/T system,” Mandon said. “The Russians adapted the flight profiles of their most advanced missiles because they realized they were being intercepted by Ukrainian defenses. Today, the Patriot system is struggling to intercept them, but the SAMP/T is intercepting them.”

That being said, Ukraine still has more Patriot systems than SAMP/Ts, but both are in extremely high demand and short supply. The same goes for interceptors.

“Our warriors performed well today in intercepting drones and cruise missiles, but unfortunately not Russian ballistic missiles. And the reason is precisely the insufficient supplies of interceptor missiles,” Ukrainian President Zelensky wrote in a Ukrainian language post on X on July 6 after an especially heavy barrage on the capital Kyiv, according to a machine translation. “It is extremely important for the world, first and foremost America and our European partners, to emerge from the NATO summit in Ankara with strong decisions to support our air defense, and thus the protection of ordinary people’s lives. As long as missiles for ‘Patriots’ remain in the warehouses of allies, it only encourages Russia to continue ‘defeating’ residential buildings. The United States and Europe have enough power to stop this terror.”

Patriot and SAMP/T may offer important capabilities against other aerial threats, including Russia’s Zircon missile. Zircon is widely described as an air-breathing hypersonic cruise missile. However, the question has been raised recently about whether it might actually be a more traditional quasi-ballistic weapon.

At the same time, demand for higher-end surface-to-missile systems and anti-ballistic missile capability, and suitable interceptors, is growing across Europe and elsewhere globally. This is underscored by the announcement today of the new Integrated Anti-Ballistic Missile Coalition. This, in turn, reflects a similar surge in the development and fielding of ballistic missiles around the world, including by smaller countries and even some non-state actors. The conflict with Iran this year, as well as fighting with Iranian-backed Houthi militants in Yemen in recent years and the ongoing conflict in Ukraine, have only further driven home the growing capabilities and proliferation of ballistic threats.

This reality applies even to the U.S. military, where the Marine Corps is now looking to acquire an organic ballistic missile defense capability to reduce reliance on the Army to provide this support. For years now, TWZ has been calling attention to how the Army’s Patriot force is heavily strained due to constant demands and is simply not adequately resourced to meet the current operational needs. That service is working to address those shortfalls, but it will take years for those efforts to come fully to fruition.

The PATRIOT Missile in Action thumbnail

The PATRIOT Missile in Action




So, for Ukraine, having its own domestic pipeline for an interceptor like Aster 30 would offer an immensely valuable hedge against shortages and delays elsewhere. For this particular missile, demand extends beyond SAMP/T operators, which also currently include Singapore. Warships in service with the navies of France, Italy, the United Kingdom (where it is part of the Sea Viper air defense system), and several other countries are also equipped to fire these interceptors.

HMS Daring tests Sea Viper missile | Royal Navy thumbnail

HMS Daring tests Sea Viper missile | Royal Navy




High demand for Patriot interceptors and full Patriot systems in Ukraine has already had negative downstream impacts on orders for other customers. Concerns have been raised about the sufficiency of U.S. military stockpiles as a result, something that has been further compounded by heavy U.S. and allied expenditures in recent fighting in the Middle East.

At the same time, there are still questions about how and when domestic production of Aster 30 or Patriot interceptors in Ukraine might begin, or when the first missiles might start being delivered. Higher-end anti-air missiles typically have production lead times measured in months, if not years. It will take some time for Ukraine just to finalize deals with the relevant defense contractors and establish a domestic production line. Where initial funding might come from is not entirely clear, either, though new financial aid from France and other countries could be a definite possibility. Ukraine might potentially be able to export some of the interceptors it produces, offering a badly needed economic boost for the country.

There is also an operational security question. Russia or other adversaries could gain valuable insights into the capabilities of SAMP/T or Patriot if they were to get their hands on full-up interceptors or even just critical subcomponents. There is already a certain danger taken in delivering more advanced missiles to a country at war. Even wreckage can be an intelligence gold mine for the enemy, depending on what is recoverable. Establishing a full domestic production line will require stockpiling of brand-new subsystems, as well as the sharing of at least some degree of intellectual property and manufacturing know-how. All of which increases the total number of potential risk vectors in a country that is, again, at war with its neighbor, which also happens to be a near-peer threat for the United States and others in the West.

Macron’s announcement about licensing Aster 30 production today does not address Ukraine’s critical immediate needs for more high-end interceptors to respond to incoming Russian ballistic missiles. At the same time, it does open up an important new path to keeping a steady supply of missiles for the Ukrainian military’s growing number of SAMP/T systems down the road. These are also capabilities Ukraine will need in the long-term, well beyond the current conflict, to help deter future aggression.

Contact the author: joe@twz.com

Joseph is TWZ’s Deputy Editor, helping to oversee the site’s highly experienced and dedicated team, while also writing informative and impactful defense and national security content. He lives right in the thick of it in the Washington, D.C. area.




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Tom Segura and Christina Pazsitzky split after 18 years of marriage

Tom Segura and Christina Pazsitzky have reportedly split.

The comedy power couple are calling it quits after 18 years of marriage, according to TMZ. A source told the outlet that the pair separated a couple of months ago but remain amicable and plan to continue co-hosting their podcast, “Your Mom’s House.”

Reps for Segura and Pazsitzky did not immediately respond to The Times’ request for comment.

Segura, 47, and Pazsitzky, 50, tied the knot in November 2008. Segura told “TigerBelly” podcast in 2018 that he met Pazsitzky while they were both doing open mic nights around Los Angeles. She was in a relationship with someone else (whom she lived with), so Segura and Pazsitzky were just friends. According to Segura, there was no flirtation in the early days, and he treated her with the respect he did any other fellow comic.

“I always thought she was attractive, but she was taken,” he said. “And then I got the call from one of my spies. … They broke up. And I was like, ‘I’m gonna swing in there, see what’s up.’”

According to Segura, he tried to ask Pazsitzky on what he thought was an L.A.-appropriate date — a hike — and she said no. He thought that meant she wasn’t interested in him, when, really, she just wasn’t interested in hiking.

“I called her the next time, and she’s like, ‘Hey, I know this bar you can still smoke at. Do you want to go there?’ And I was like, ‘OK. This is why she doesn’t want to go on a hike.’ So then, yeah, we went on dates and it just continued.”

Both comedians have used their marriage as source material for their comedy routines over the years and discuss their relationship on various podcast appearances, but especially on their own podcast, “Your Mom’s House,” which debuted in 2012.

In 2024, Pazsitzky told The Times that when they launched the podcast “we lived in a crummy two-bedroom apartment, we were newlyweds and we had no money. We got a mixing board, two mics and a computer, and at that point, we slept in one room and used the other room as an office. It bordered this other house where this lady would cook the smelliest food and have aggressive sex.”

“Oh, yeah, she was newly divorced and very performative with orgasms too,” Segura added.

The couple, who have two children, also spoke about their relocation from Los Angeles to Austin, Texas, in search of a slower pace and easier travel while touring. “Our lives are very normal, and we’re grounded family people. At the end of the day, we come home, our kids fart on Tom’s head, and I make dinner.”

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Sparks can’t keep pace with Angel Reese and Dream in loss

Angel Reese had 23 points and 13 rebounds for her WNBA-leading 16th double-double of the season, Allisha Gray added 20 points, and the Atlanta Dream beat the Sparks 101-92 on Monday night.

Gray made Atlanta’s first field goal of the fourth quarter with 4:07 remaining to tie it at 87. Then, Reese got a friendly roll on her third made three-pointer of the season to make it 90-87 and she added two free throws on the next possession for a five-point lead. Jordin Canada capped the 9-0 run for a 94-87 lead.

Canada finished with 16 points and Rhyne Howard added 11 for Atlanta (14-10), which had lost six of its last seven games. Reese, who missed Saturday’s game against Portland, was seven for 11 from the field and made all eight of her free throws in 32 minutes.

Erica Wheeler scored 20 points, Nneka Ogwumike added 19 and Rae Burrell had 18 for the Sparks (10-12). Cameron Brink (left ankle) missed her eighth straight game and Kelsey Plum (lower left leg) missed her sixth straight.

Up next for Sparks: at Minnesota on Wednesday.

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Hungary’s parliament votes to oust president in latest anti-Orban move | Civil Rights News

Hungarian parliament passes amendment that would remove President Sulyok, appointed under ex-Prime Minister Viktor Orban.

Hungary’s parliament has approved a constitutional amendment to remove President Tamas Sulyok from his largely ceremonial position, the latest move to dismantle the power of figures associated with former Prime Minister Viktor Orban.

The measure, passed on Monday with 139 votes in favour and only six opposing, would immediately bring an end to Sulyok’s term in office and pave the way for parliament to elect a new president.

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Hungarians voted out the right-wing nationalist Orban in April, with new Prime Minister Peter Magyar’s Tisza Party winning in a landslide. The election result ended 16 years of power for Orban’s Fidesz party, which had come to dominate many aspects of the country.

Since Magyar’s victory, he has sought to erode that power, including by removing the current president. The constitutional amendment also introduces a series of judicial reforms, creates a body to investigate alleged financial abuses under the previous government, and imposes a 12-year term limit on lawmakers.

Sulyok now has five days to sign the constitutional amendment passed by parliament. Magyar has said that parliament will launch an impeachment procedure against Sulyok if he does not sign it.

The president and other members of Fidesz boycotted Monday’s parliamentary session.

Sweeping away the old order

The parliament elected Sulyok, a former chief of the Constitutional Court of Hungary, in February 2024. He was nominated to replace Katalin Novak, who resigned after pardoning a man convicted of covering up child sexual abuse.

But days after Magyar’s centre-right Tisza Party won a two-thirds parliamentary super-majority in April, the new prime minister declared Sulyok “unworthy to embody the unity of the Hungarian nation” and demanded that he leave office once the new government was formed.

In June, after the deadline to resign had passed, Magyar branded the president a “puppet” of Orban and promised to strip him and other holdovers from office by constitutional means. Weeks later, he unveiled a reform programme, dubbed “Operation Cleansing Fire”, which seeks to install a new constitution, purge state institutions and establish an anticorruption office.

While the presidency is a largely symbolic post, it is empowered to approve laws and can refer them to the Constitutional Court for review, raising fears that Sulyok might use his presidential powers to stymie Tisza’s ambitious reform agenda.

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Venezuela’s Rodríguez Enacts Corporate-Friendly Oil Regulations as Crude Output Stagnates

The acting Rodríguez administration has granted increased control and fiscal benefits to energy corporations. (Hydrocarbons Ministry)

Caracas, July 13, 2026 (venezuelanalysis.com) – The Venezuelan government has approved a new set of oil industry regulations that prioritize the “economic and financial viability” of private sector investment.

Acting President Delcy Rodríguez signed the statute on Wednesday, July 8, and it was published in the National Gazette. Rodríguez hailed the directive a “historic step” that will “transform our energy reserves into development.”

“These norms establish clear rules, greater legal certainty, and a favorable environment for the cooperation between the [Venezuelan] state and national and foreign capital,” the acting president said.

Western oil executives and Trump officials have aggressively lobbied to tailor the new rules to their interests after seeing preliminary drafts. White House energy advisor Jarrod Agen stated that he had contact with Rodríguez and her team “multiple times a day” to offer input on the regulations and contract models.

The 122-article text establishes the framework for the implementation of the reformed Hydrocarbon Law approved by the Venezuelan National Assembly in late January. The legislative overhaul replaced the 2001 Hydrocarbon Law approved by former President Hugo Chávez and subsequent decrees that established a leading role for the Venezuelan state in the energy sector.

Under the new law, private sector companies can take over oilfield operations and sales as minority joint venture partners, or via concession-type agreements.

The legislation also slashed royalties and fiscal contributions. The former was capped at 30 percent, and a former extraction tax was replaced by an “integrated hydrocarbon tax” with a 15 percent maximum.

However, the new statute defines a “combined contribution” of royalties and the integrated tax ranging from 20 percent for undeveloped greenfields to 35 percent for currently active brownfields, meaning an effective 10 percent further reduction from the 45 percent maximum defined under the law.

Companies are eligible for additional 5 percent discounts in their combined contribution if they run offshore operations or if their business plans include “building or amplifying crude transformation, upgrading, or refining plants.”

Income tax was lowered from 50 to 34 percent for greenfields under the 2026 legislation. But the regulations establish that companies can request further reductions to their royalty, integrated tax, and income tax contributions if necessary to attain “economic equilibrium.” The decisions will be taken by the Venezuelan executive on a case-by-case basis without any mandatory oversight from the National Assembly.

The reformed energy law allowed legal disputes to be settled by international arbitration bodies, with Venezuelan officials promising  “legal certainty” to investors. The new norms permit arbitration re via “alternative mechanisms,” with analysts suggesting that the vague language aims to avoid any clashes with US sanctions.

The directive also set an obligation to capture “associated gas” in oil extraction operations, which can be used for reinjection or transformed into cooking gas. Historically, it has been mostly flared. Oilfield operators are likewise mandated to secure their electricity supply. The Venezuelan National Assembly is presently working on reforms to open electricity generation, transmission, distribution, and commercialization to the private sector.

The enacted framework goes on to establish environmental responsibilities, oversight mechanisms, and penalties for non-compliance. State oil company PDVSA is not mentioned at all in the text.

Venezuelan oil expert Blas Regnault told Venezuelanalysis that the new norms risk turning the oil sector into an “enclave.”

“The regulations organize oil activity but do not guarantee that it will be integrated into the national economy,” he explained. Regnault warned that empowering corporations to negotiate royalties on an individual case-by-case basis “turns a sovereign right into a flexible variable in a contractual regime” in what is an “unusual” practice for oil-producing nations.

“Royalties are not taxes. They represent the sovereign right of the owner of the resource, and thus should be universally established, not negotiated project by project,” he underscored.

The pro-business opening of Venezuela’s most important industry has seen major Western corporations, including Chevron, Shell, and BP, ink agreements or memoranda of understanding with the acting Rodríguez administration to develop new projects or establish more favorable conditions in existing ones.

For its part, the Trump administration has kept in place sanctions against the Venezuelan oil industry, though it has issued a number of licenses allowing US and Western enterprises to enter into agreements with Caracas. However, the waivers mandate that all royalty, tax, and dividend payments be deposited in a US Treasury-run account, while also blocking transactions with firms from China, Cuba, Iran, North Korea, and Russia.

The maintenance of US sanctions has slowed new investment, while the Trump administration has so far returned only a fraction of Venezuelan export revenues to Caracas. 

The dire economic situation is indexed in persistent inflation and stagnating oil production. Venezuela’s crude output plateaued after four consecutive months of growth, with June’s 1.070 million barrel-per-day (bpd) output virtually unchanged from May, according to OPEC secondary sources. The figure remains the highest since early 2019.

For its part, PDVSA reported 1.187 million bpd in June, up from 1,179 million bpd in May. Direct and secondary measurements have historically differed over disagreements on the inclusion of condensates and natural gas liquids.

The South American country’s main crude extraction areas, in the eastern and western regions, were largely unaffected by June 24’s double earthquake, with no major disruptions to operations reported.

Edited by Lucas Koerner in Caracas.t issued a number of licenses allowing US and Western enterprises to enter into agreements with Caracas. However, the waivers mandate that all royalty, tax, and dividend payments be deposited in a US Treasury-run account, while also blocking transactions with firms from China, Cuba, Iran, North Korea, and Russia.

Venezuela’s oil production has stagnated after four consecutive months of growth, with June’s 1.070 million barrel-per-day (bpd) output virtually unchanged from May, according to OPEC secondary sources. The figure remains the highest since early 2019.

For its part, PDVSA reported 1.187 million bpd in June, up from 1,179 million bpd in May. Direct and secondary measurements have historically differed over disagreements on the inclusion of condensates and natural gas liquids.

The South American country’s main crude extraction areas, in the eastern and western regions, were largely unaffected by June 24’s double earthquake, with no major disruptions to operations reported.

Edited by Lucas Koerner in Caracas.

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Molly-Mae and Tommy reveal VERY strict parenting rule for daughter Bambi, 3

MOLLY-MAE Hague and Tommy Fury have revealed a very strict parenting rule they have for their daughter Bambi, and it’s related to screen-time.

The couple, who recently welcomed son Midas, have laid down the law when it comes to technology – but do you agree?

Molly-Mae and Tommy Fury have revealed a strict parenting rule they have for their daughter Bambi, three Credit: Instagram
The couple are also parents to baby son Midas Credit: Instagram/Mollymae

Molly-Mae and Tommy have limited three-year-old Bambi to only using screens and technology during long car drives or when travelling abroad.

Boxer Tommy says this decision was made in a bid for the toddler to have a childhood like he did – spent in the outdoors.

He explained: “Speaking for myself and my own children, the only time Bambi sees a screen is during a long flight or a long car journey, when I might put something on for her.

“Other than that, she’s outside in the garden, playing in the sunshine, jumping in puddles and going to the park.

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They have strict rules when it comes to screen-time, and say Bambi won’t be getting a phone for a long time
Tommy is determined to give the toddler a ‘normal’ upbringing, and one with as little technology as possible Credit: Instagram/Mollymae

“I try to keep things as normal as possible. I really want Bambi to have a childhood like I did, and my childhood didn’t consist of screens, apps and things like that. I really don’t want that for my children.”

It’s a far cry from Tommy and Molly-Mae’s lifestyles, with the latter boasting a whopping 8.7 million followers on Instagram and often sharing videos to YouTube.

But it’s not the first time they have shared their desire for Bambi, and now Midas, to have a “normal” upbringing.

In fact, Tommy previously declared that he was “banning” Bambi from 5-star hotels and lavish flights so that she got a taste of normal life, and even purchased a campervan for traditional family holidays in the UK.

Doubling down, Tommy assured that while they may have a flashy lifestyle, Bambi won’t be getting her hands on a mobile phone of her own any time soon.

“Having a phone is a massive responsibility.

“There’s a whole new world behind a phone screen, and I think children should fully understand what they’re doing before they get involved with things like that,” he said.

Tommy was talking in a Q&A for his new podcast series, What The Fury?!.

The ten-part video podcast will see the boxer with his dad, John Fury, as they discuss modern life and their differing opinions.

Watch What the Fury?! is on BBC iPlayer, BBC Sport YouTube or available to listen on BBC Sounds from Tuesday 14th July.

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