impact

Tehran, Iran – Iran’s national currency has plunged to new lows as authorities mobilise to dampen the impact of the naval blockade enforced by the United States.

The Iranian rial shot above 1.81 million to the US dollar on the open market by early afternoon on Wednesday before partially recovering. The embattled currency changed hands for about 1.54 million earlier this week, and its rate was about 811,000 per US dollar a year ago.

The rial had remained relatively stable over the past two months after experiencing an earlier drop as US forces amassed in the lead-up to the US-Israeli war on Iran, which began at the end of February.

The latest freefall follows on from unchecked inflation, which has been increasingly plaguing the Iranian economy as a result of mismanagement and sanctions, and continues to ravage households. Washington now has three aircraft carriers in the region and is bringing in more troops and equipment as Israel expresses readiness to restart fighting, three weeks after a ceasefire began.

Iran’s authorities this week projected a hardened stance on negotiations with Washington, and pledged to fight the naval blockade of Iran’s southern waters, which the US Central Command insisted on Tuesday had “cut off economic trade going into and coming out of” the country.

Amid threats by US President Donald Trump, the Iranian government has also tried to empower its own border provinces to import essential goods by reducing red tape. It has also allocated $1bn from the sovereign wealth fund to buy food, and made a partial policy U-turn to restart offering a preferential subsidised exchange rate with the goal of reducing prices, despite concerns about corruption.

Non-oil trade takes hit

According to customs data released by state media, Iran’s non-oil trade has been negatively affected after commercial ties were disrupted or cut off as a result of the war, and critical infrastructure was bombed.

Iran’s customs authority put the total value of non-oil trade in the Iranian calendar year that ended on March 20 at close to $110bn, with $58bn going to imports. The figure was about 16 percent lower than the year before.

The volume of non-oil trade was valued at approximately $9bn for the 11th month of the calendar year ending on February 19, and $6.46bn in the final month, indicating a drop of about 29 percent in connection with the war, which started on February 28. The final month was also about 50 percent lower than the more than $13bn estimated value for last year’s corresponding month.

Part of the drop is linked with the fact that shipping has been significantly disrupted through the Strait of Hormuz as Iran and the US spar over control of the strategic waterway. The US and Israel also directed some of their thousands of strikes against ports, naval facilities, airports, and railway networks across the country.

Iran’s top steel and petrochemical producers were also extensively bombed, as were oil and gas facilities, power stations, and major industrial zones. The US and Israel have threatened to take Iran “back to the Stone Age” through systematic bombing of civilian infrastructure like power plants.

To manage the impact and preserve domestic supply, Iranian authorities have imposed temporary restrictions on exports of steel, petrochemicals, polymers and other chemicals.

Oil exports in the crosshairs

The US is using its military capabilities and economic chokeholds to drive down Iran’s oil exports, a goal that it has also pursued over recent years through sanctions.

Since mid-April, the US military has been deploying its soldiers to take over or inspect ships transiting through waterways near Iran, in addition to targeting what is known as a shadow fleet of tankers used by Iran to circumvent sanctions and ship its oil.

Warships and thousands of troops could still launch a ground invasion or destructive aerial attacks against Iran’s Kharg and other critical islands, and the Trump administration expects increased pressure on Iran’s oil sector due to hampered access to export routes and supertankers keeping the oil stored on the water.

The US Treasury has been blacklisting refineries in China, the biggest buyers of Iranian crude oil, and going after the banking and cryptocurrency channels alleged to be facilitating Tehran’s oil trade, and having links to the IRGC – which Washington considers a “terrorist” organisation.

“We will follow the money that Tehran is desperately attempting to move outside of the country and target all financial lifelines tied to the regime,” said US Treasury Secretary Scott Bessent on social media.

Chinese refineries buy roughly 90 percent of Iran’s oil shipments, and imported a record 1.8 million barrels per day ⁠in March, according to Vortexa Analytics data cited by the Reuters news agency, which also said purchases were expected to slow due to worsening domestic refining and processing margins.

According to figures released by the General Administration of Customs of China, the volume of the country’s bilateral trade with Iran during the first quarter of 2026 stood at $1.55bn, down 50 percent year-on-year.

In March, the first month of the war, trade stood at $184m, which was nearly 80 percent lower than the year before and 64 percent lower than the month before. China’s imports from Iran and exports to the country were both considerably reduced as a result of the war.

The removal of the United Arab Emirates as a major trade partner and import market for Iran has also significantly affected the country’s economy, increasing its reliance on land neighbours like Turkiye and Iraq to the west and Pakistan to the east.

The UAE, a big part of the Trump-led Abraham Accords that saw multiple countries normalise relations with Israel, was heavily targeted by ballistic missiles and drones launched by Iran.

The UAE has closed down numerous Iranian institutions on its soil over the past two months, including financial facilitators, instructed Iranian citizens to leave, and has said it will take years to restore bilateral relations to previous levels.

Former USC and Georgia receiver Zachariah Branch was arrested early Sunday in Athens, Ga., for not moving far enough on a public sidewalk when a police officer asked him to do so.

Branch, widely projected to go in the second round of the NFL draft later this week, faces misdemeanor charges of obstructing public sidewalks, prowling and obstructing a law enforcement officer. According to a police report, he was booked at 1:26 a.m. and released at 3:44 a.m. after posting a $39 bond.

Branch, who led the Southeastern Conference and set a Georgia record with 81 receptions in 2025, was in Athens for Georgia’s spring game on Saturday. He transferred to Georgia after two seasons at USC, where he had 78 catches for 823 yards. He also was a first-team All-American kick returner as a freshman.

The Athens Clarke County police report was obtained by NFL Network:

“A male, later identified as Zacharia [sic] Branch, continued to stand on the sidewalk without making an attempt to move. I continued to give Zacharia Branch verbal commands to move from blocking the sidewalk and advised that if he did not, he would receive a citation for blocking the sidewalk.

“Zacharia Branch smirked, then stepped backwards and to the right, then remained standing upon the public sidewalk, so as to obstruct, hinder, and impede free passage upon the sidewalk as well as impede free ingress/egress to or from the adjacent places of business.

“Due to those actions and Zacharia Branch’s failure to comply with multiple verbal lawful commands, he was placed under arrest for misdemeanor Obstruction of LEO and received a citation for Obstructing Public Sidewalks.”

Branch, 22, declared for the draft one year after transferring from USC along with his twin, Zion, who plays safety for Georgia. Branch was ranked as the nation’s No. 1 wide receiver out of Las Vegas Bishop Gorman High and considered a landmark recruiting win for USC coach Lincoln Riley.

Branch, a grand nephew of former Raiders great and Hall of Fame receiver Cliff Branch, established himself quickly with the Trojans, returning a kickoff 96 yards for a touchdown in his debut against San Jose State in 2023. He also caught a touchdown pass in the game while accumulating 232 all-purpose yards.

In a Times story in 2023, Branch was lauded by teammates “for his ever-present smile and easy-going nature.”

“I just love the energy every day, it brings a smile to my face,” USC guard Justin Dedich said at the time. “That’s just one of those things. It just shows on the field. It correlates, just his positive energy, his positive attitude and he plays like a beast.”

The timing of the arrest isn’t ideal: The NFL draft begins Thursday. The relatively innocuous nature of the incident shouldn’t greatly impact Branch’s draft status, according to team personnel executives interviewed by NFL Network.

Cue the social media jokes about Branch increasing his draft status because he demonstrated his ability to block …. even if it was a sidewalk.

“‘Willing and eager blocker’ always a good note on a WR’s draft profile,” one person posted.

Others pointed out that ignoring instructions from a police officer at 2 a.m. is an indication of poor judgment.

“Zero self awareness putting yourself in this position a few days before the draft,” a person posted.

He was asked if now is a good time to open an ISA or not

Martin Lewis has offered some advice on how you could organise your savings. He explained the practical tip amid the current uncertainty surrounding the economic impact of the Iran conflict.

The major war has already triggered a surge in oil prices, with fears of long-term consequences for food production and global economic growth.

Mr Lewis was questioned on his BBC podcast about whether now is an opportune moment to open a stocks and shares ISA, given that markets are struggling. When share prices fall, it can present a prime opportunity to invest, as your funds could increase in value when the market bounces back. But if prices decline further, the worth of your holdings could also drop. In response, Mr Lewis outlined the general principle to bear in mind.

He said: “If you’re talking about investing for a long term money that you don’t need for five years and you’re going to do that in a nice spread of investments, like a global tracker fund or an S&P tracker or FTSE tracker, then you just have to accept that you will never know when the perfect time to put money in is.”

£1,000 savings tactic

Nevertheless, he did reveal one strategy you could use to reduce the risk posed by market volatility. Mr Lewis said: “Let’s just imagine you’re putting £10,000 in a stocks and shares ISA, and you’re putting it away for a long time.

“You could put £10,000 in now but you could arrange with the provider that it sits in its cash part. You can hold it in cash, within a stocks and shares ISA, for the moment.

“You could say I’ve got £10,000, over the next 10 months, I’d like you to buy £1,000 a month of that tracker fund that I’m putting my investment into. It’s called pound-cost averaging.

“Because you’re drip feeding the money in, that helps smooth out the short-term volatility of buying at the right moment. So if you’re worried about that volatility, you might want to adopt that tactic.”

Mr Lewis continued in saying that in reality nobody can predict the optimal time to invest. He said: “They are unknowable in the short term, but in a broad spread of investment over the long term, on the balance of probabilities, investing will outperform saving.

“So don’t let the volatility put you off, but you might want to spread the time that you’re putting the money in.”

Major changes to ISA allowances

Savers may also want to note that major changes to ISA allowances are on the horizon. Currently, you can deposit up to £20,000 each tax year, which can be divided as you wish between cash ISAs and stocks and shares ISAs.

From April 2027, you will only be permitted to save up to £12,000 as you choose. The remaining £8,000 will only be available for deposits into investment-based accounts.

Savers aged 65 and over will be exempt from the new regulations, retaining the existing £20,000 allowance. ISAs are entirely tax-free, with no tax liability on any interest earnings or investment gains within these accounts.

Despite Beijing’s rising anger over the war in Iran, a country upon which it relies heavily for oil, U.S. President Donald Trump insisted his relationship with his Chinese counterpart remains strong. However, in a post on his social media network, Trump also dismissed Chinese concerns that its energy situation is becoming more precarious as the result of strangulation of the Strait of Hormuz and U.S. blockade of Iranian ports.

All this comes as Trump has been telling media outlets that he believes the war could soon end. We’ll talk more about that later in this story.

“China is very happy that I am permanently opening the Strait of Hormuz,” the American leader proclaimed on Truth Social, even as the flow of oil from the Middle East has been drastically reduced by the war. “I am doing it for them, also – And the World. This situation will never happen again. They have agreed not to send weapons to Iran.”

“President Xi will give me a big, fat, hug when I get there in a few weeks,” he added. “We are working together smartly, and very well! Doesn’t that beat fighting??? BUT REMEMBER, we are very good at fighting, if we have to – far better than anyone else!!!”

In a pre-taped interview that aired Wednesday morning, Trump told Fox News that the war hasn’t soured his relationship with Xi, who has expressed frustration with American actions in the Middle East.

“I don’t think it does,” Trump told Fox News host Maria Bartiromo. “He’s somebody that needs oil. We don’t. He’s somebody I get along with very well. He just wrote me a beautiful letter…He responded to a letter that I wrote because I had heard that China is giving weapons to – I mean, you’re seeing it all over the place – to Iran…I wrote him a letter asking him not to do that, and he wrote me a letter saying that essentially he’s not doing that.”

Trump:

I wrote a letter to Xi. I asked him not to give Iran weapons. He wrote me a letter, and he is saying that he is essentially not doing that. pic.twitter.com/yrTT9Dwi2V

— Clash Report (@clashreport) April 15, 2026

Trump was referring to reports that U.S. intelligence determined Beijing was providing military support to Tehran.

Before his Truth Social Post and the Fox interview aired, Financial Times reported that Iran “secretly acquired a Chinese spy satellite that gave the Islamic republic a powerful new capability to target US military bases across the Middle East during the recent war.”

“Leaked Iranian military documents show the satellite, known as TEE-01B, was acquired by the Islamic Revolutionary Guard Corps’ Aerospace Force in late 2024 after it was launched into space from China,” according to the outlet. “Time-stamped coordinate lists, satellite imagery and orbital analysis show that Iranian military commanders later tasked the satellite to monitor key US military sites. The images were taken in March before and after drone and missile strikes on those locations.”

As we have previously reported, Iranian strikes on U.S. military facilities killed U.S. troops and caused damage to bases and equipment. However, it should be noted that Iran has also beenreceiving Chinese commercial satellite imagery and Russia is likely providing it as well. At the same time, U.S. commercial satellite companies like VANTOR and Planet Labs are now refraining from sharing imageryof the Middle East and elsewhere at the Pentagon’s behest.

Meanwhile, China continues to push back against accusations that it is helping Iran and repeated previous assertions that it will respond should Trump go through with his threat to impose a 50% tariff.

“Media reports accusing China of providing military support to Iran are purely fabricated,” Chinese Foreign Ministry spokesman Lin Jian stated on X. “If the U.S. goes ahead with tariff hikes on China on the basis of these accusations, China will respond with countermeasures.”

Lin did not offer details about those countermeasures.

Media reports accusing China of providing military support to Iran are purely fabricated.

If the U.S. goes ahead with tariff hikes on China on the basis of these accusations, China will respond with countermeasures. pic.twitter.com/QwETjpJEyY

— Lin Jian 林剑 (@SpoxCHN_LinJian) April 15, 2026

Regardless, Iran’s use of commercial space imagery to strike U.S. and allied targets “will force the Pentagon to adjust, the head of U.S. Space Command said,” according to Defense One.

“We have to recognize that the rest of the world can now see the entire planet transparently and almost 24/7 and so we have to be able to operate in that environment successfully,” Gen. Stephen Whiting, the head of U.S. Space Command told reporters Tuesday during the Space Symposium conference.

UPDATES

UPDATE: 2:24 PM EDT –

White House Press Secretary Karoline Leavitt denied the U.S. requested an extention to the ceasefire.

‘I saw some reporting that we had formally requested an extension of this ceasefire. That is not true. We remain engaged in these negotiations.’

Karoline Leavitt tells reporters that the next round of Iran talks ‘will likely be held in Islamabad’https://t.co/3n6o5i1euG pic.twitter.com/jNf6a3h9xU

— Sky News (@SkyNews) April 15, 2026

She also thanked Pakistan for its help in the negotiations.

PRESS SEC on U.S.-Iran negotiations: The Pakistanis have been incredible mediators and we really appreciate their friendship and efforts to bring this deal to a close. 

The President feels it’s important to continue to streamline this communication through the Pakistanis. pic.twitter.com/3iIeF0oUpn

— Department of State (@StateDept) April 15, 2026

Trump, as we noted earlier, is saying that he believes the war could soon be concluded.

“I think it’s close to over,” Trump posited. “I mean, I view it as very close to over. You know what? If I pulled up stakes right now, it would take them 20 years to rebuild that country. And we’re not finished. We’ll see what happens. I think they want to make a deal very badly.”

Trump also told Sky News that the end of the war may be nigh.

When asked by Sky whether a deal could happen before King Charles visits the U.S. at the end of the month, Trump said: “It’s possible. Very possible. They’re beaten up pretty bad.”

U.S. and Iranian negotiators made progress in talks on Tuesday, moving closer to a framework agreement to end the war, two U.S. officials said, Axios reported on Wednesday.

“U.S. officials and sources familiar with the mediation cautioned that a deal is not guaranteed, given the substantial differences between the two sides,” the news outlet noted.

“Let’s wait and see if we can get a deal. We are hopeful and accordingly trying to push with both sides,” a Pakistani official told Axios.

“U.S. officials and sources familiar with the mediation cautioned that a deal is not guaranteed, given the substantial differences between the two sides.”

“We want to make a deal. And parts of their government want to make a deal. Now the trick is to get the whole of government…

— Jason Brodsky (@JasonMBrodsky) April 15, 2026

In another step toward potential future negotiations, Pakistan’s Army Chief of Staff Asim Munir arrived in Tehran today for talks.

Iran’s Foreign Minister Spokesman, Esmail Baghaei, said that during the visit, “the views of both sides are likely to be discussed in detail.”

Iran’s Foreign Minister Spokesman, Esmail Baghaei, confirms that a high-ranking Pakistani delegation will visit Tehran today to follow up on talks with the U.S. in Islamabad. “During this visit, the views of both sides are likely to be discussed in detail,” Baghaei said. pic.twitter.com/bdMnyCKUA5

— Ariel Oseran أريئل أوسيران (@ariel_oseran) April 15, 2026

Baghaei, however, said Iran would not capitulate.

“If a negotiation is based on one side imposing conditions on the other, that is not negotiation; it is dictation and imposition, and you know that the Islamic Republic of Iran and the Iranian nation will never accept such imposition,” he stated.

Iranian Foreign Ministry spokesperson:

If a negotiation is based on one side imposing conditions on the other, that is not negotiation; it is dictation and imposition, and you know that the Islamic Republic of Iran and the Iranian nation will never accept such imposition. pic.twitter.com/lnKeJT9Pow

— Iran News 24 (@IRanMediaco) April 15, 2026

In an X post, CENTCOM on Wednesday said that during “the first 48 hours of the U.S. blockade on ships entering and exiting Iranian ports, no vessels have made it past U.S. forces. Additionally, 9 vessels have complied with direction from U.S. forces to turn around and return toward an Iranian port or coastal area.”

During the first 48 hours of the U.S. blockade on ships entering and exiting Iranian ports, no vessels have made it past U.S. forces. Additionally, 9 vessels have complied with direction from U.S. forces to turn around and return toward an Iranian port or coastal area. pic.twitter.com/h4msgvaPTl

— U.S. Central Command (@CENTCOM) April 15, 2026

Late Tuesday night, Adm. Brad Cooper, commander of CENTCOM, took to X to announce that the “blockade of Iranian ports has been fully implemented as U.S. forces maintain maritime superiority in the Middle East.”

“An estimated 90% of Iran’s economy is fueled by international trade by sea,” Cooper noted. “In less than 36 hours since the blockade was implemented, U.S. forces have completely halted economic trade going into and out of Iran by sea.”

Senior IRGC commander Maj. Gen. Ali Abdollahi claimed the Islamic Republic would consider it a prelude to the breach of the ceasefire if “the aggressive and terrorist America” continues the blockade.

Abdollahi “threatened that the powerful Iranian armed forces would not allow any export and import to keep going in the Persian Gulf, the Sea of Oman, and the Red Sea region, in the face of the US maritime aggression,” the official Iranian IRNA news agency stated on Wednesday.

His comments suggested that the Houthi rebels of Yemen, an Iranian proxy, could resume their attacks on Red Sea shipping, something we previously examined as a possibility.

BREAKING: Commander of Iran’s Khatam al-Anbiya Headquarters:

We will not allow any export or import activity in the Gulf and the Sea of Oman if the American blockade continues.

Our armed forces will not allow trade to flow through the Red Sea if the naval blockade continues.…

— Clash Report (@clashreport) April 15, 2026

Meanwhile, the Malta-flagged VLCC Agios Fanourios I became the first crude carrier to head west through the Strait of Hormuz since the US blockade on Iran’s ports came into force, according to MarineTraffic.

First crude carrier heads west through Strait of Hormuz since the US blockade

The Malta-flagged VLCC Agios Fanourios I has become the first crude carrier to head west through the Strait of Hormuz since the US blockade on Iran’s ports came into force. According to #MarineTraffic… pic.twitter.com/K8syfSZtFL

— MarineTraffic (@MarineTraffic) April 15, 2026

Though another round of peace talks between the U.S. and Iran is being discussed, the Pentagon continues to pour resources into the Middle East, something we have been reporting about for weeks.

“The forces moving into the region include about 6,000 troops aboard the aircraft carrier USS George H.W. Bush and several warships escorting it, said current and former officials,” according to The Washington Post, citing anonymous officials. “About 4,200 others with the Boxer Amphibious Ready Group and its embarked Marine Corps task force, the 11th Marine Expeditionary Unit, are expected to arrive near the end of the month.”

During the pause in fighting, Iran appears to be using the time to reopen entrances to underground missile cities damaged during the war, according to CNN. The network published footage showing engineering equipment at the Tabriz South missile base and the Khomein missile bases. 

The network also noted that, according to U.S. intelligence estimates, about half of the Iranian missile launchers remained intact after a month of fighting, and that many of these launchers could have been buried in underground storage facilities as a result of strikes on the entrances.

CNN published footage showing engineering equipment making use of the ceasefire to reopen the entrances to underground facilities at missile bases that were damaged during the war.

The sites documented include the Tabriz South missile base and the Khomein missile base.

Notably,… pic.twitter.com/B88HISqVYD

— Ben Tzion Macales (@BenTzionMacales) April 15, 2026

A day after negotiations took place in Washington between the U.S., Israel and Lebanon, Hezbollah issued a veiled threat to Beirut. Considered a terrorist organization by the U.S. and Israel, Hezbollah was not a party to the talks.

“The Lebanese authorities must reconsider their actions and return to the embrace of the people,” said Hezbollah MP Hassan Fadlallah in a statement. “The authorities withdrew the army from the south, leaving it vulnerable to occupation and giving the enemy [Israel] free rein.”

Meanwhile, Israel is continuing to bombard Hezbollah.

“In the past 24 hours, the IDF struck over 200 Hezbollah terror infrastructure sites in southern Lebanon,” it claimed. “Among the targets struck: terrorists, military structures, approximately 20 launchers, including those recently used to fire towards the State of Israel.”

ביממה האחרונה הותקפו יותר מ-200 מטרות של ארגון הטרור חיזבאללה בדרום לבנון. בין התשתיות שהותקפו: מחבלים, מבנים צבאיים וכ-20 משגרים, בהם משגרים ששיגרו לעבר שטח הארץ והושמדו בסגירות מעגל מהירות. pic.twitter.com/LeR2mr37Vv

— Israeli Air Force (@IAFsite) April 15, 2026

Contact the author: howard@thewarzone.com

Imagine being sent out on a one-week emergency loan – and the only game you stand a chance of playing in is one of the biggest of the season, against your new club’s bitter rivals.

Then imagine scoring your first Super League try, on debut, to put your side in front with three minutes left.

Then you score another try moments later, with a driving run from the halfway line, to seal the win.

And there is a reasonable chance you will never play for that club again.

That is the reality for Bill Leyland, whose sensational late double earned St Helens a sensational comeback win over Wigan Warriors in a Good Friday derby for the ages.

Leyland only joined injury-hit Saints from Hull KR earlier this week and almost did not pull on the Red Vee at all, finally taking to the field when Daryl Clark was subbed off following a head knock.

But in just over 20 minutes, Leyland made his mark, as Saints overturned a 14-point deficit to beat the Cherry and Whites by 10 points after scoring four tries in the final 10 minutes.

“It’s a pretty special debut in one of the biggest games in rugby league. To get two tries and man of the match is a pretty special feeling,” the 23-year-old told BBC Radio 5 Live.

“I’m glad to go out and make an impact and bring so much joy to the fans.”

Rams wide receiver Puka Nacua warms up before a playoff game against the Carolina Panthers in January.

(Eric Thayer / Los Angeles Times)

Last week, a woman filed a civil lawsuit against Nacua, alleging that on New Year’s Eve he made an antisemitic statement during a group dinner and later bit her shoulder. Nacua’s attorney told The Times before the lawsuit was filed that Nacua “denies these allegations in the strongest possible terms,” and that Nacua would “pursue all available legal remedies in response to these false and damaging statements.”

During a livestream in December, Nacua criticized NFL officials and made a gesture regarded as antisemitic. Nacua apologized, and the Rams and the NFL issued statements condemning antisemitism and discrimination. But after the Rams’ loss to the Seattle Seahawks, Nacua criticized officials in a social media post from the locker room. The NFL fined him $25,000.

“The play on the field is amazing, and then with what the play has dictated and determined there is a responsibility in terms of representing all things not exclusive to just that,” McVay said Monday when asked about Nacua. “He knows that, those are expectations and we are hopeful that … this will be an opportunity for him to learn and grow, and we are hopeful that he’s a Ram for a really long time.

“But he understands what the responsibility is, not exclusive to just the production on the field.”

Snead described Nacua as a “young man, becoming,” who is “continuing to evolve” as a person and player.

“You need to be on your Ps and Qs in both categories,” Snead said, “both variables, right, to earn that type of contract.”

Tony Pastoors, the Rams’ chief operating officer, said “everything gets weighed” in the process.

“It isn’t just, ‘OK, turn it on on Sundays and make decisions from there,’” Pastoors said. “We have to take in every data point we can.”

Police inspect a strike site in Tel Aviv after a missile hit the city, causing injuries as the US-Israeli war on Iran enters its fifth week. Meanwhile, Washington signals the conflict could soon wind down, even as timelines remain unclear.

Young faces lit up with joy as award winners bounced to the podium. But it wasn’t only the elementary school recipients. The Westlake High students who created the ceremony were equally thrilled.

The teens are part of Make Great Plays, a grassroots organization that gives elementary school students a chance to dream, excel and believe they belong in educational echelons that once felt out of reach.

Dhuruv Sankararaman, a Westlake High junior and baseball player, launched Make Great Plays nearly four years ago, starting by collecting and donating sports equipment to the five Title 1 schools in the Conejo Valley Unified School District. (Title I public schools receive federal funding because they have a high percentage of students from low-income families.)

The mission quickly broadened. In the last year, Make Great Plays has conducted backpack and supply drives that outfitted more than 100 students and spent classroom time with students to increase computer literacy.

Maple Elementary in Newbury Park was one of the first schools that Sankararaman and his team helped.

“We picked up 100 backpacks full of supplies,” he said. “They made a huge difference to hand them out to everyone in need.”

‘Make Great Plays’ founder Dhuruv Sankararaman, left, and other Westlake High student-athletes give out awards at Maple Elementary in Newbury Park.

(Sai Krishna)

Next, they identified students who are especially helpful to the large autistic population at Maple and recognized them at an awards assembly. The Make Great Plays staff created five awards, one of each going to students in every grade: Inclusion Hero, Unity Champion, Global Ambassador, Hope Maker and Pathfinder.

“The kids are so excited to have high school students here to run the ceremony,” Maple principal Meghann O’Weger said. “Something feels different when the person giving the award is still a kid, but a bigger one. If adults came in and gave out the awards, it wouldn’t be the same as from peers.”

The 20 Make Great Plays members play soccer, baseball, lacrosse, tennis and volleyball at Westlake High. What began as a way to embellish college entrance applications has become a gratifying life experience for the teens as well as the elementary school students.

Sankararaman plans to expand Make Great Plays to schools in Los Angeles County and rural India, where his parents grew up.

“Some of the kids don’t have a stable home life and are behind in school,” Sankararaman said. “Spending time with them shifts their view a little bit. Many are incredibly smart. All the kids are very respectful. They listen to us as high schoolers and see us as role models.

“It’s cool to see faces light up when they realize how successful they can become, that they have the possibility of a great future.”

This is a daily look at the positive happenings in high school sports. To submit any news, please email eric.sondheimer@latimes.com.

Jeff Webb, known as the “founder of modern cheerleading” for his role in turning the activity into a competitive sport, died Thursday following “a tragic accident,” a family spokesperson said Tuesday. He was 76.

A former yell leader for the University of Oklahoma cheerleading squad, Webb went on to form several organizations — including Varsity Spirit, the Universal Cheerleaders Assn. and the International Cheer Union — that helped him reshape what was once largely a sideline activity into an International Olympic Committee-recognized sport that features elements of gymnastics, stunts and dance.

Cheer Daily reports that an email sent by Varsity Spirit president Bill Seely to the company’s community said that Webb fell while playing pickleball earlier this month and suffered a severe head injury.

Webb was buried in a private ceremony for family on Sunday. A larger celebration of life will be held at a later date.

“Our father was, at his core, a man of inexhaustible energy, and he poured that energy into everything he did, from revolutionizing cheerleading to his never-ending — and constantly growing — list of activities,” Webb’s children said in a statement.

An avid outdoorsman, Webb managed a farm and hunting lodge and enjoyed offshore fishing and boating. He was also a pilot, author, publisher and guitar player.

“He brought that same spirit of dedication and encouragement to being a father and grandfather,” his children added. “To most people he is a legendary entrepreneur — to us, he was our soccer coach and on-demand comedian, our mentor and father-daughter dance partner, our solace and our source of strength.

“He taught us by example that a life well lived contains balance, that seriousness and silliness are not in fact opposites, that focus and discipline do not and should not preclude care and kindness.”

Through his organizations, Webb established hundreds of cheerleading competitions — including national championships that have been broadcast on ESPN for decades — and training camps. He was a pioneer in the manufacturing and marketing of cheerleading apparel and equipment and also played a role in establishing safety guidelines for the sport.

“The founder of modern cheerleading, [Webb] spent his life building the sport he loved and advocating for young people everywhere,” the International Cheer Union wrote on Facebook. “Our thoughts are with his family, friends and the entire global cheer community.

Varsity Spirit wrote on Instagram: “Join us in honoring the life and legacy of Jeff Webb, founder of Varsity Spirit and modern cheerleading. His impact has built a community that will continue to inspire generations to come.”

The Varsity Spirit post included a tribute video that featured an audio clip of Webb discussing the instant he realized just how much of an impact his efforts had on the sport.

“I was at UCA High School Nationals, and I looked out there — everybody had a smile on their face,” Webb said. “People think this is a little corny, but I had this almost epiphany experience. And it was just this emotion that came over me. It was, how lucky am I? How fortunate have I been to be able to have this idea and to build on it and have fabulous people kind of hook their star to my vision and for us together to build this great thing?”

Webb is survived by his wife, Gina, and his children, Jeffery and Caroline, and two grandchildren.

New York City, United States – Rising prices on the back of US-Israel strikes on Iran are adding to the economic pressure facing US consumers despite efforts by US President Donald Trump to paint the war as a success.

On Wednesday, Trump declared, “We won – in the first hour it was over.”

Trump’s declaration comes even as the Strait of Hormuz remains closed, cutting off oil from the Gulf amid warnings from Iran, which continues to strike ships, that oil could reach $200 per barrel.

Oil prices spiked above $100 per barrel on Sunday and again today.

The magnitude of the economic pressure on consumers will depend on how long the war lasts and, crucially, how soon shipping traffic can return to the Gulf.

“If it drags on and especially if it remains at this intensity, prices will be higher, and more volatile for consumers,” said Rachel Ziemba, an adjunct senior fellow at the think tank Center for a New American Security.

“If it ends quickly, and it’s a credible and stable end, then we could see prices fairly quickly normalising”.

If the war lasts more than a few weeks, however, observers say the US economy is more likely to see deepening impacts, like 1970s-style “stagflation” or a recession.

When might we see a recession?

On Thursday, the International Energy Agency said in a report that “the war in the Middle East is creating the largest supply disruption in the history of the global oil market.”

According to Sam Ori, who directs the Energy Policy Institute at the University of Chicago, in the past, when oil prices have reached 4 percent to 5 percent of gross domestic product and stayed elevated, “that’s always triggered a recession.”

The US will not hit that threshold as quickly as it would have in the 1970s, when its economy was more deeply dependent on foreign oil, Ori said, but added he expected a recession if prices remained about $140 a barrel for most of the year.

Alternatively, “the indefinite closure of the Strait of Hormuz would so vastly exceed that number, it would not take a year,” he said.

Ori, who used to run an oil shock war game for US officials, said he would have been “laughed out of the room” if he had proposed a scenario where the strait was closed for six months, because many analysts see it as “too big to fail”.

Ori says that assessment is still likely, but recent developments “are chipping away at that level of certainty”.

The Gulf, which separates the Arabian Peninsula and Iran, provides more than one-fifth of the world’s oil supply via tanker ships through the Strait of Hormuz.

The severity of that threat to the global economy is the “strongest indicator that this is going to get resolved pretty fast, because it’s impossible to fathom what would happen if it didn’t”, Ori said.

He added that the conflict has now entered a phase in which it may be moving out of US control, especially as some countries have turned off the oil wells as they run out of storage.

While those events have now been baked into oil prices, the things that he is on the lookout for include “successful mining of the strait, some kind of structural blockage, or a battlespace development that binds the US into a longer, drawn out conflict”, outcomes that could signal a total loss of the strait for an unknown amount of time and create the “conditions for a complete meltdown”.

Higher prices

The war is already driving petrol prices up for US consumers.

Patrick DeHaan, who leads petroleum analysis for the app GasBuddy, said that the national average as of Wednesday is now $3.59 per gallon ($0.95 per litre) – up 65 cents since February.

The highest increases are near the coasts, where US petrol, diesel and jet fuel supplies are more easily diverted to meet global demand, according to DeHaan.

An end to the conflict could lower petrol prices within weeks, DeHaan said, but “every week that this goes on, we could see another 25 to 40 cent increase”.

Robert Rogowsky, an adjunct professor at Georgetown University’s School of Foreign Service, said lower-income people in particular, “will pay the price for this inflationary burst”.

As the war continues, it will also nudge up prices for consumer goods.

Peter Sand, chief analyst for freight intelligence platform Xeneta, said the backup at the Strait of Hormuz is already causing congestion at ports worldwide.

In the short term, consumers should not feel much of a pinch, Sand said. But if the conflict lasts for a month, some goods will be delayed, “and of course, the price tag on those goods also goes up.”

The war also means that the Red Sea, mostly closed in 2025 due to Houthi attacks, will likely stay closed throughout 2026, Sand said. It was expected to reopen, which could have lowered consumer prices.

Oil and oil byproducts from the Gulf are also used directly in consumer goods, like plastics, pharmaceuticals and fertilisers. Shortages now may mean higher prices later.

Fertilisers from the Gulf, for example, are needed soon for spring planting. Delays could affect crops next year.

A shortage of helium from the Gulf could also impact semiconductor manufacturing, delaying car manufacturing and other industries, Ziemba said.

The spectre of 1970’s-style ‘stagflation’

Higher consumer prices could increase the risk of “stagflation”, when stagnant economic growth occurs alongside high unemployment and high inflation.

That is how the US economy responded to the oil price shocks of the 1970s.

Severin Borenstein, faculty director of the Energy Institute at the University of California, Berkeley’s Haas School of Business, said, “There’s certainly concern about stagflation again.”

That combination of high inflation plus high unemployment, Borenstein said, “is just really tough for the Fed to deal with”.

“They can either juice the economy or slow it down, and the two problems call for opposite solutions”, Borenstein said.

The Fed can lower interest rates to prompt spending and hiring, which can make inflation worse, or it can raise interest rates to lower inflation, which can slow hiring.

Ziemba said higher oil prices likely point to “inflation remaining stickier, which means it’s harder for the Fed to cut interest rates.”

As a result, “mortgage rates and other long-term interest rates might be stuck at their current levels,” Ziemba said. Mortgage rates, which were at 5.99 percent on February 27, are up to 6.29 percent as of March 12.

Even if the war ends tomorrow, it may already be accelerating longer-term shifts.

Rogowsky called US attacks on Iran “an injection of adrenaline” into a realignment already under way, as middle powers seek to reduce their reliance on the US.

That realignment “will affect our terms of trade, which will have a distinct impact on our economy”, Rogowsky said.

Logistics consultant David Coffey said for some businesses, the war is expediting conversations about risk. “They may have been assuming ‘Yes, there’s risk in the Middle East,’ but they may not have been assuming that this would kick off”, Coffee said.

Making supply chains more secure could raise costs for consumers, he said.

Military spending and the US budget

Meanwhile, Heidi Peltier, a senior researcher at Brown University’s Costs of War Project, said war also means long-term expenses around debt payments and veterans’ healthcare.

“We have spent at least $1 trillion in interest on the Iraq and Afghanistan wars – and rising, because it’s not like we’ve paid off any of that principal”, Peltier said.

Military spending, she said, also tends to create fewer jobs than government investment in education or healthcare. “If we’re spending money on this, what are we not spending money on?” Peltier asked.