Brent crude edged 2.5% higher on Tuesday and seems to have steadied around $100 per barrel at the time of writing, as US-Iran negotiations stall.
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On the other hand, WTI dropped over 4% and is trading around $92.6 per barrel.
Overall, oil prices were declining since last Wednesday as the framework for a peace deal, or at least a longer and more encompassing ceasefire, between the US and Iran was seemingly on the verge of being agreed.
However, Iran accused the US of breaching the current ceasefire after Washington carried out what it described as defensive strikes in the southern part of the country.
Iran’s foreign ministry stated that the US attacks in the Hormozgan province, where Iranian media reported hearing explosions early Tuesday, amounted to a “serious violation” of the fragile ceasefire that has been in effect for almost seven weeks.
Meanwhile, US Secretary of State Marco Rubio said negotiations aimed at ending the conflict could require “a few days” to reach an agreement.
On Monday, US President Donald Trump also reiterated nuclear demands in a social media post, as tensions continue to surround the fundamental aspects of a possible agreement.
Investors appear to have mixed reactions to the developments with some markets seeming to price in a decrease in the probability that a deal is imminent.
In Europe, the Euro Stoxx 50 has fallen more than 0.7% while the broader pan-European Stoxx 600 is trading around 1% lower as we approach the close of Tuesday’s session.
The UK’s FTSE 100, Germany’s DAX 30, France’s CAC 40, Italy’s FTSE MIB, the Netherlands’ AEX and Switzerland’s CH20 have all dropped between 0.1% and 0.7%.
Over in Asia, Japan’s Nikkei 225 and Taiwan’s TAIEX closed flat, but South Korea’s KOSPI jumped 2.5% primarily driven by a continuous demand for AI-related equities.
However, US markets appear completely decoupled from other indices and the broader situation. Not only have WTI prices continued to fall on Tuesday but the S&P 500 also opened 0.6% higher.
Latest on the Strait of Hormuz
Both the US and Iran had signalled headway toward a memorandum of understanding that could end the conflict and resume maritime traffic through the blocked Strait of Hormuz, while allowing negotiators a 60-day window to tackle more complicated matters such as Iran’s nuclear activities and supplies.
In his latest remarks, US Secretary of State Marco Rubio stated that the Strait of Hormuz must remain accessible “one way or the other” as traffic through the chokepoint has dropped sharply, with only a few dozen ships currently using the route each day, compared with the usual 125 to 140 vessels.
Iran has continued to permit limited shipping, prioritising vessels connected to allied or friendly nations and arranging passage through state-to-state agreements.
Continuous reports of attacks in the Strait of Hormuz underscore how far from the normalisation of energy flows and other supplies the global economy still is.
On Tuesday, the United Kingdom Maritime Trade Operations (UKMTO) reported that a tanker experienced an external blast near the waterline on its port side.
According to the agency, the vessel was located about 60 nautical miles from Muscat, the capital of Oman.
UKMTO said the tanker and all crew members were unharmed, although a quantity of bunker fuel spilled into the sea.
This is the most recent reported incident near the Strait of Hormuz at the time of writing.
It was far from a convincing performance against Thistle, hardly surprising given what was at stake, and the relief from fans and players alike was obvious after the game.
“We wanted to make sure the players were remembered as legends at this club after winning the League Cup,” McLeish said.
“We didn’t want that black mark against our name.
“First half was nervy, cagey and full of mistakes. It wasn’t really tactical, just us controlling our emotions. We did that better in the second half.”
McLeish won three of his nine league matches after Robinson left, but he was unable to keep St Mirren out of the play-off spot as Kilmarnock shone after the split.
A change of approach initially yielded an upturn in performances, but results started to slide and a run of four defeats without scoring cost them.
The 36-year-old stand-in boss was unable to completely solve the goalscoring issues that plagued their season.
Key defender Alex Gogic says McLeish could do more with greater time, though, and would be happy for him to stay on.
“Yeah, of course, whatever the club chooses,” Gogic said.
“If he has a pre-season, it will probably be better than what it is. If the club decide to go his way, we’ll all be behind that.”
Former Dundee United and Partick Thistle boss Ian McCall says McLeish has done his chances no harm by steering St Mirren to safety.
“I don’t think he had any chance of getting the job if St Mirren were relegated,” McCall said.
“What he has done is conducted himself really well and given himself a real chance of the job.
“The power-that-be here took a real chance appointing a young lad like that. But he has come through it really well. He has talked really well.
“He came through one dodgy moment when Kilmarnock won here 3-0. But he’s come back from that really strongly.
“It didn’t just plummet when Craig McLeish took over. It was a bad run of results when Stephen Robinson was there after the cup final which brought this on. He certainly has a chance.”
Turkiye’s main opposition leader Ozgur Ozel has vowed not to leave party headquarters after a court ruling removed him from power. Speaking to supporters in Ankara, Ozel accused judges and prosecutors of carrying out a coup attempt against his party.
On a January morning in 1938, Pitmiddle’s last resident, James Gillies, closed the door to his cottage for the final time and walked away through the snow. High on the south-facing slopes of the Sidlaw Hills in Perthshire, the village is now little more than a jumble of half-ruined walls gradually being reclaimed by the land.
My children pick around the overgrown stones like explorers discovering a lost civilisation, before scampering back through the gate and over the grass to our cabin in a neighbouring field. Called the Pitmiddle Hut, it’s the latest addition to Guardswell Farm, which spans 81 hectares (200 acres) of countryside halfway between Perth and Dundee (an hour and a half from Glasgow or Edinburgh). “People gradually moved away from Pitmiddle’s way of life,” says Anna Lamotte, who runs Guardswell with her husband, Digby Legge, often aided by their four-year-old daughter and a smiley 10-month-old in a vintage pram. “Villagers each had a pendicle, the small area they could farm, a system of outfields, infields and ‘kailyards’ – a Scots word for a kitchen garden.” Anna and Digby grew up on farms and small-holdings nearby, and today they rear cattle, sheep, goats and chickens and tend to the vegetable gardens, alongside welcoming guests to stay.
The boat-turned-bothy called Girl Linda’s cabin. Photograph: Claire Fleck
The Pitmiddle Hut sits in the old village’s pendicle field and the slim volume Pitmiddle Village and Elcho Nunnery in our cabin inspired the names of Guardswell’s huts: the Pendicle with its wildflower roof, the Infield with a stargazing window above the bed and shepherd’s hut the Kailyard. They can be rented alongside two cottages and a large farmhouse, all clustered around the Steading, once a dilapidated barn that is now a smart events space for weddings, craft and cuisine classes including cheese-making, and a popular monthly market. It’s also home to a small shop (stocked with the farm’s meat, eggs and Diggers cider), smart washrooms and a cosy room filled with games and wellies.
All the existing cabins were made for two, but as Anna and Digby’s family grew, and couples who married at Guardswell returned with first a dog then a baby, a bigger hideout made sense. The Pitmiddle Hut is a 10-minute stomp uphill and has a mezzanine bed up above the kitchen for grownups and a second bedroom for children to pile into the set of bunks and a double bed. The two are linked by a central indoor-outdoor space, with sliding doors for sunnier days. It’s the end of March when we stay, and the thick blankets (made with wool from Digby’s parents’ farm) and douglas fir planks lining the cabin give it a deep cosiness.
Fiona Kerr’s children loved being largely off-grid in the Pitmiddle Hut. Photograph: Fiona Kerr
As a somewhat reluctant camper in a tent-loving family, it’s an ideal balance. We build fires in the Esse Bakeheart stove to cook dinner and keep the wool-insulated cabin toasty (there’ll soon be an outside kitchen and a firepit for toasting marshmallows too). My son dashes in and out fetching ingredients from the giant coolbox on the deck. The hut is off-grid, but uses solar-power for lights and the single induction hob. There’s a proper loo, but it’s a walk down to the Steading in the morning for a shower. It quickly becomes our favourite part of the day, saying good morning to fluffy Shetland cows, dinky Hebridean sheep, donkeys Ollie and Hugo, and cheeky pygmy goat Jimmy, who once escaped his pen and crashed a wedding. It feels as though we have the farm to ourselves.
There’s no wifi, no TV and, on my phone at least, blissfully little phone signal. Instead, a basket beside the kindling is filled with Uno, playing cards, drawing pencils and a watercolour set. My daughter washes a page with streaks of blue sky and green fields that are framed by the hut’s huge picture window, before taking a nature scavenger hunt sheet around the farm, checking off pine cones and primroses.
There are four huts, a cottage and farmhouse rooms at Guardswell. Photograph: Hidden Scotland
It would be easy to simply roam here for a couple of days, foraging for wild garlic, helping feed the animals and exploring the Big Wood at the bottom of the farm, counting the 198 steps cut into the hillside among the trees. But with all of Perthshire on the other side of the Sidlaws and Fife across the River Tay there’s plenty to get stuck into, from sandy beaches at East Neuk to Highlands hills just beyond the foodie town of Dunkeld, where the Taybank pub and Aran Bakery make a delicious detour. We swerve the Munros and instead stride out on the nearby Scone circular, starting at Old Scone Church, rebuilt stone by stone in 1805 when the village moved a couple of miles east from its original site next to Scone Palace, and climbing through gorse-thick moorland to MacDuff’s Monument and the Lynedoch Obelisk with their sweeping views to Perth beyond.
We get back to the farm just as some wet weather blows in and hole up in the boat-turned-bothy called Girl Linda’s cabin at the top of a field. Scooping up a bottle of Diggers cider and apple juice from the hut, we run for it, the kids screaming into the wind. We light candles and the tiniest wood-burning stove – the valley below now so lost in mist that it feels like the River Tay might rise up and sweep us out to sea. We play Monopoly Deal as the rain whips against the portholes, before rousing a sing-song with the boat’s motley crew of instruments – bongos, guitar, glockenspiel and a giant metal triangle. “Let it go, let it go, I am one with the wind and sky …” My daughter’s favourite, suddenly apt.
We wake on the final morning to milk-glass skies and the rhythmic whirl of two woodpeckers in the trees as the sun rises through a fringe of woodland below us. There are recorded Guardswell morning meditations to start the day, a gentle prompt to pause. But stillness is low on my children’s agenda, so we throw on boots and fleeces over pyjamas and head for the swings on the hill above the hut. Pitmiddle’s simple way of life might not have survived against the advances of the modern world, but for a few days its slower rhythm feels within reach.
Accommodation was provided by Guardswell Farm. The Pitmiddle Hut sleeps six (two adults and up to four children) from £220 a night (two-night minimum), guardswell.co.uk
THE best family-friendly campsite in the country has been revealed, and it has a heated outdoor swimming pool and games room.
Trefach Holiday Park tucked away in Pembrokeshire topped the ranks when it came to the most family-friendly campsite in the UK – and it’s not hard to see why.
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Trefach Holiday Park has been revealed to be the most family-friendly campsiteCredit: UnknownFor entertainment, the holiday park has a heated swimming poolCredit: Unknown
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Pitchup.com, the UK’s leading outdoor accommodation website, has found the best campsites for families across the country.
The rankings are based on ‘child-friendly’ ratings from nearly 200,000 customer reviews.
Trefach Holiday Park is tucked away in the Pembrokeshire valley, but is well-worth a visit for any families this summer and scored 9.3 for ‘child-friendliness’.
When it comes to entertainment during the summer, Trefach Holiday Park’s star of the show is definitely its swimmingpool.
The outdoor that’s heated pool makes for a refreshing dip in the summer and is open between May 25 and September 4.
Adults can watch as their children splash about from the courtyard terrace.
There’s also a children’s play area and an arcadeCredit: Unknown
One visitor said: “The pool was a big hit with the kids and kept them entertained for hours.”
Another described the campsite as a “little gem” which was great for their “family trip.”
On-site is its own restaurant and cafe which in the high season (July and August) is open every day from 10am until late for breakfast, lunch and dinner.
It also has a play area, games room, TV room, laundrette as well as toilet blocks and showers.
The heated pool is open between May 25 and September 4Credit: hoseasonsThere’s an on-site bar and restaurant for campers tooCredit: Hoseasons
Location-wise, the campsite is close to the hills of the Pembrokeshire Coast National Park so it’s a great base for those who like to take scenic walks or want to explore seaside villages.
The nearest fishing villages are the likes of Tenby and Fishguard, it’s also close to the town of Cardigan.
Pitch types vary from electric grass tent and touring pitches to electric gravel motorhome pitches. Tent pitches can sleep up to six people for £46 per night – or £7.60pppn.
Here are the top 10 campsites for families….
Trefach Holiday Park, Pembrokeshire (scored 9.3 for child-friendliness)
Jubilee Camping, Hampshire (scored 9.2 for child-friendliness)
Panoramic Camping and Glamping, Swansea (scored 8.9 for child-friendliness)
Little Thornham Holidays, Wiltshire (scored 8.9 for child-friendliness)
Magical Malpas PYO Farm, Cheshire (scored 8.8 for child-friendliness)
Auchingarrich Wildlife Park, Perthshire (scored 8.8 for child-friendliness)
Puddleduck Glamping, Lancashire (scored 8.8 for child-friendliness)
South Ford Farm Camping, Devon (scored 8.8 for child-friendliness)
Poplar Grove Farm Caravan Park, Lancashire (scored 8.7 for child-friendliness)
Riverside Holiday Village, Somerset (scored 8.7 for child-friendliness)
For centuries, outsiders have been lured to the radiant hills and valleys of Andalucía, not least the Moors of north Africa who left such an impact on the land and culture. More recently, an influx of northern European aficionados has fostered a string of seductive, small-scale guesthouses to join some idiosyncratic Spanish-owned properties. These are idyllic, tranquil settings in which to de-stress and recharge, hike, ride, cycle, cook, swim or simply stargaze – the rural skies here are blissfully free of light pollution. Nor are cultural highlights ever far away, whether in Granada, Córdoba or Seville.
Starry nights at Casa Mimi
Casa Mimi is isolated but with great access to regional highlights
Near Gérgal, in the eastern mountains bordering the Sierra de los Filabres, this Belgian-owned bed and breakfast has three charming rooms with ample outside space, views and a pool. Although isolated, it has unbeatable access to regional highlights including Europe’s only desert, which surrounds the old film studios of Tabernas; Almería’s stupendous fortress; and the wild beaches of Cabo de Gata. A lesser known lure is the Calar Alto astronomical observatory, one of Europe’s largest, perched on a nearby mountaintop, where night visits are available. Mediterranean dinners (€25) at Casa Mimi are on request and use seasonal produce, guaranteed by these former restaurateurs, Priscilla and Ben. The entire property of four bedrooms can be rented. Doubles from €70 B&B, casamimi.net
Hiking and biking from Hostal Pampaneira
Old-school Andalucía
Time-travel to old-school Andalucía in Las Alpujarras, the foothills of the Sierra Nevada. Almost 50 years old with local furnishings to match, this modest, 15-room family hotel overlooks the steep, whitewashed village of Pampaneira on dizzying bends high above Órgiva – an enclave for alternative lifestyles. Centuries ago, the Berbers developed farming in the area and Pampaneira’s intricate layout. The restaurant cooks hearty mountain produce in the form of stews and roasts (pork, lamb and kid goat) with vegetables from their allotment, their own olive oil and local wine. Cliff climbing, mountain biking, horse riding, guided treks and excursions to the snowy slopes of 3,479-metre Mulhacén (the highest mountain in the Iberian peninsula) are all on offer for the active, while peerless Granada lies to the north. Doubles from €42, triples €50, breakfast €10, hostalpampaneira.com
Embrace nature at Casa Olea
Stargazing and gourmet dinners are on the menu at Casa Olea
This converted farmhouse hides in a stunning, secluded valley north of the delightful baroque town of Priego de Córdoba in central Andalucía. Over the years, the owners, Tim and Claire, have fine-tuned comforts and activities while upping the impressive environmental credentials. Six stylish rooms crown a restaurant with panoramic views over the river, olive groves, woods, two Moorish watch towers and a bronze age hillfort. The large pool is where to relax after self-guided hikes, cycling (bike rental and navigation app available) or birding from a hide. The coup de grâce is a gourmet dinner (€36) cooked by Claire, laced with the property’s own olive oil. And there is the opportunity to stargaze as Casa Olea is certified as a Starlight hotel. Midway between Granada and Córdoba, serious sightseeing is also on the agenda. Doubles €154 B&B (two-night minimum), casaolea.com
On top of the world at Finca Serrato
A pool with a view, near Colmenar
Hidden down a dirt road in the Montes de Málaga near Colmenar, about 50 minutes from Málaga, the finca offers three apartments and two double rooms in the farmhouse or outbuilding. All have an attractive, understated aesthetic, some with woodburning stoves, air-con, kitchen facilities and private patio. A small pool has far-reaching views. The youthful French-Spanish hosts, Zélie and Nico, prepare delicious breakfasts, snacks and tapas, sourcing local ingredients. An hour away is Antequera and the surreal rock formations of El Torcal – an entrancing setting for hikes. Doubles from €68, apartments from €77 (two-night minimum), breakfast €9, airport transfer €60, fincaserrato.com
Gourmet dining at Finca Las Encinas
Beautiful breakfast
With only three bedrooms, you could call this guesthouse intimate, but that impression changes when you’re under the pergola overlooking the pool and see a rippling sea of olive groves prized for their oil. Foodies should make a beeline here as Welsh chef Clive is passionate about Andalucían cooking, conjuring up fabulous seasonal dinners as well as cooking classes. The cosseting finca lies in a hamlet of La Subbética, a semi-mountainous region between Córdoba and Granada, with the Iznájar reservoir (for watersports) and castle just down the road. Maki, Clive’s Japanese wife and a knowledgable enthusiast of the region, accompanies guests to bodegas, olive oil mills and cultural hotspots. Cosy rooms are thoughtfully decorated, and Clive’s organic vegetable garden boosts the menu. Doubles from €80 B&B (two-night minimum), dinner €33, finca-las-encinas.com
Serenity at La Dehesa Experience
Tubular belles in the Sierra Morena
Rest up in luxury glamping style in the heart of the Sierra Morena north of Córdoba, famed for Iberian pigs snuffling acorns beneath the oak trees. Scattered over the dehesa(fertile pasture for cattle and horses) are six wooden cabins raised on platforms with one or two bedrooms, a kitchen and a plunge pool outside. An alternative is the “tubbo”, a spacious transparent tube, all the better for total immersion. Slickly designed interiors contain fridges full of Andalucían wine and local gourmet produce, binoculars, and a telescope in some suites. Here, you are on your own and totally private, although the efficient staff are always on call to deliver breakfast, lunch or dinner (€35) and even offer massages. This is the ultimate retreat for total serenity, for romance and for immersion in nature. Doubles from €189 B&B, ladehesaexperiences.com
Eclectic retreat at El Molino del Abuelo
Abuelo’s kitchen
At this transformed water mill, you will be warmly greeted by two brothers and their mother. The family project (the mill was set up by their grandfather – the abuelo) is an eco-friendly bubble in the village of Montecorto, just 20km west of Ronda. Out front unfolds the verdant Sierra de Grazalema, renowned for hiking, biking trails, birding, and sprinkled with classic pueblos blancos. Raúl and Florentino have curated an eclectic oasis of vivid colour and quirky craft and artworks – including murals by their sister. Five rooms, two pools, a shared kitchen for making snacks and a prolific garden of organic vegetables and fruit trees are all there, but number one is the gurgling stream which lulls you to sleep. Breakfasts are bountiful, so luckily yoga and bikes are options, along with tips on local sights. Doubles from €70, breakfast €7.50, adults only, elmolinodelabuelo.es
Walking wonders from Molinos de Fuenteheridos
Sierra de Aracena. Photograph: Santiago Urquijo/Getty Images
In the Sierra de Aracena of western Andalucía, near Aracena, this 17th-century flour and olive mill has been converted in contemporary style to offer 10 huge, well-appointed rooms with luxury en suites. The mill room itself is now an atmospheric common area with plentiful seating lit by Moorish lamps. Outside, extensive grounds include lush gardens, a large saltwater pool, a smaller freshwater one and a river that nourishes fig, walnut, chestnut and apple trees. It is a picture-perfect area for hikes, coupled with Aracena castle, spectacular grottos and Museo del Jamón – a 15-minute drive away, and the bars and restaurants of Fuenteheridos within walking distance. Not least, the cultural riches of Seville beckon, a 90-minute drive away. Doubles from €99, breakfast €7, molinosdefuenteheridos.com
Katie Price has arrived back in the UK after visiting husband Lee Andrews in DubaiCredit: BackGridShe was accompanied by an assistant who wheeled her bags around Gatwick AirportCredit: BackGrid
The Sun exclusively revealed she hasn’t settled her debts – despite hubby Lee claiming to be a billionaire.
The mum of five flashed a smile as she arrived in the UK’s Gatwick Airport, wearing a tight-fit grey crop top which clung to her curves and black joggers.
She pulled on a trendy pair of sunglasses and styled her hair poker straight, looking fresh from the long-haul trip.
Katie – who flashed her huge wedding ring in the Arrivals terminal – was accompanied by an assistant who wheeled three bags of luggage alongside her.
She arrived back on home turf after her husband Lee Andrews was accused of not paying their surgery billsCredit: Instagram / @wesleeeandrewsKatie cut a striking figure in a tight fit top and shadesCredit: BackGridKatie recently appeared to confirm husband Lee’s travel banCredit: BackGridShe flashed her ring as she strolled through the airportCredit: BackGrid
As such, she is the one doing the graft with the long haul flights.
Though this time around, Katie’s spouse has been slammed by a popular UAE-based aesthetic clinician for failing to cough up the money for the cosmetic work they’ve had in recent months.
Katie Price surgery boxout
KATIE Price’s love for surgery is no secret – here’s the details
1998 – Katie underwent her first breast augmentation taking her from a natural B cup to a C cup. She also had her first liposuction
1999 – Katie had two more boob jobs in the same year, one taking her from a C cup to a D cup, and then up to an F cup
2006 – Katie went under the knife to take her breasts up to a G cup
2007 – Katie had a rhinoplasty and veneers on her teeth
2008 – Katie stunned fans by reducing her breasts from an F cup to a C cup
2011 – Going back to an F cup, Katie also underwent body-contouring treatment and cheek and lip fillers
2014/5 – Following a nasty infection, Katie had her breast implants removed
2016 – Opting for bigger breasts yet again, Katie had another set of implants, along with implants, Botox and lip fillers
2017 – After a disastrous ‘threading’ facelift, Katie also had her veneers replaced. She also had her eighth boob job taking her to a GG cup
2018 – Katie went under the knife yet again for a facelift
2019 – After jetting to Turkey, Katie had a face, eye and eyelid lift, Brazilian bum lift and a tummy tuck
2020 – Katie has her 12th boob job in Belgium to correct botched surgery and a new set of veneers
2021 – In a complete body overhaul, she opts for eye and lip lifts, liposuction under her chin, fat injected into her bum and full body liposuction
2022 – Katie undergoes another brow and eye lift-and undergoes ‘biggest ever’ boob job in Belgium, her 16th in total
2023 – Opting for a second rhinoplasty, Katie also gets a lip lift at the same time as well as new lip filler throughout the year
2024 – Katie has her 17th boob job in Brussels after revealing she wanted to downsize. She performed at Dublin Pride just days later and surgeons warned the lack of recovery posed a risk of infection
Lee allegedly refused to pay the bill, however he insists the work was ‘complementary’.
The clinic specialises in facial contouring and liquid rhinoplasty among other surgical and non-surgical treatments.
In response to a recent Sun post about Lee using fake money to scam women, the clinician has shared his own experience with the couple.
Just days ago, the beauty clinic owner claimed that he had not received any money and was still chasing the couple.
But in a surprise move, he alleged that he had been blocked, without any explanation for their failure to pay.
He said: “This is expected as they both left without paying for their treatment and after multiple sent invoices, I was blocked.
“Although no mention of being unhappy with the results was ever brou- ght to my attention.
“What Katie is experiencing with her treatment is perfectly normal.”
But Lee has denied these claims when the The Sun reached out to him.
He has insisted that Katie was left “unable to move her mouth” following the procedure and disputes the charges.
Oil prices fell back in early trade but remained elevated as investors kept an eye on escalating tensions between the US and Iran and progress on ships passing through the Strait of Hormuz.
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At the time of writing, Brent crude was trading 1.38% lower at $112.86 while US crude, or WTI, was down 2.27% at $104 per barrel. US futures edged 0.1% higher.
Elsewhere, regional trading was thin overnight with markets in Japan, South Korea and mainland China closed for holidays.
Hong Kong’s Hang Seng fell 1.1% to 25,805.98. Australia’s S&P/ASX 200 lost 0.5% to 8,649.80, while Taiwan’s Taiex traded 0.2% lower at 40,626.22.
The fragile ceasefire between the US and Iran was tested on Monday after the US military said it had sank six Iranian small boats targeting civilian ships, while two US-flagged ships successfully passed through the Strait of Hormuz.
The key waterway for oil and gas transport remains largely closed despite repeated demands from the US for Iran to reopen the strait and as the United States imposed a sea blockade on Iranian ports. US President Donald Trump’s “Project Freedom” plan under which the United States would help guide stranded ships through the Strait of Hormuz began on Monday.
Brent crude, the international standard, surged above $114 a barrel on Monday, gaining nearly 6%. Before the war began in late February, it was trading near $70.
Two weeks ago, LIV Golf did its best to conceal the fact that the Saudi Public Investment Fund would cease to bankroll the league after the current season, only to have LIV CEO Scott O’Neill let the truth slip during a television interview.
This week, the intentions of PIF and consequences to LIV are known by all.
LIV Golf announced Thursday that it has established a new independent board that will attempt to keep the league afloat utilizing a “diversified, multi-partner investment model.” In other words, a model that doesn’t include PIF.
PIF Governor Yasir Al-Rumayyan no longer will serve as LIV Golf chairman, another unmistakable signal that the Saudi sovereign wealth fund worth an estimated $1 trillion is cutting ties with financially troubled LIV.
LIV Golf was supposed to be a key component in Saudi Crown Prince Mohammed bin Salman’s “Vision 2030” plan to diversify the kingdom’s economy away from oil. PIV lured megastar golfers Phil Mickelson, Jon Rahm, Bryson DeChambeau, Dustin Johnson and others away from the PGA Tour by shoveling hundreds of millions of dollars into their bank accounts.
Al-Rumayyan, Prince bin Salman’s trusted technocrat, was charged with implementing the plan, but LIV Golf has failed to attract significant viewership or commercial sponsors despite innovations such as a 54-hole format and a team model.
When LIV and the PGA Tour came to a short-lived, tentative agreement to end pending litigation and potentially join forces in 2023, Al-Rumayyan was a key figure in the negotiations.
A last-ditch effort to broker a merger between the rival leagues took place in the White House in February 2025 when President Trump hosted Al-Rumayyan, PGA Tour commissioner Jay Monahan and Tiger Woods. No agreement was reached.
Now, apparently, PIF will attempt to turn its attention to initiatives that don’t bleed billions. The fund has invested more than $5 billion into LIV Golf since it was launched in 2022 and is reportedly spending $100 million per month this year.
The wealthy but suddenly unmoored LIV golfers have been left to scramble like a weekend hacker trying to salvage a bogey after chipping into a sand trap.
LIV Golf Louisiana announced that the tournament scheduled for June 25-28 in New Orleans has been postponed. A new date hasn’t been set. However, an official told ESPN on Thursday that next week’s tournament at Trump National Golf Club outside Washington, D.C., will take place as planned.
Six other tournaments remain on the schedule that concludes with LIV team championships on Aug. 27-30 at The Cardinal at Saint John’s in Michigan. Tournaments outside the United States are scheduled for South Korea, Spain and Great Britain.
Hired Thursday to come up with a financial model to keep LIV afloat sans PIF are Gene Davis and Jon Zinman, described in a LIV statement as “seasoned experts with proven track records of navigating complex situations and unlocking value for global organizations.”
LIV Golf’s contorted spin on acknowledging that PIF will no longer subsidize the league was a statement saying it will focus on ”securing long-term financial partners to support its transition from a foundational launch phase to a diversified, multi-partner investment model.”
Davis, the newly appointed chairman of the LIV Independent Directors Committee, sees opportunity in the face of a PIF-less future.
“LIV Golf has built something truly differentiated — a global league with passionate fans, world-class talent, and demonstrated commercial momentum,” he said in a statement. “The executive leadership team, along with Jon and I, see a clear opportunity to help the league formalize its structure, attract and secure long-term capital, and position the business for growth while continuing to promote the game across the world.
“ We look forward to positioning LIV Golf for future success.”
Home Bargains is selling a £5 travel organiser for ‘hassle-free holidays’
Travel fans could be impressed by the new item (stock photo)(Image: Getty)
Travel fans can keep their holiday essentials organised with a £5 Home Bargains storage item. Most high street stores are stocking new lines in time for summer, and Home Bargains could have just the thing for holidaymakers.
The discount retailer has updated its travel range ahead of the summer holidays – and there’s a ‘compact’ travel organiser that could impress jet-setters. Whether customers are travelling solo or with family, the product could help shoppers to ‘stay organised on the go’.
Home Bargains says the £4.99 Travel Hanging Organiser is ‘compact and practical’ for holidays. The product description explains: “Stay organised on the go with the Travel Hanging Organiser from the Simple family, featuring 24 mesh pockets and four hooks for versatile, compact storage wherever your holiday takes you.” The description says the design is “compact and practical for hassle-free holidays.”
Alternatively, travel lovers could shop the store’s selection of travel pouches and laundry bags if they prefer a different way to keep their items organised. For shoppers looking for bags, the retailer sells a set of three Travel Mesh Pouch Organisers for £1.99.
There are several colour options available. The product description for the blue pack says: “Keep your travel essentials neat with this lightweight three-pack of blue mesh pouches in small, medium, and large sizes—ideal for effortless packing on the go.”
For shoppers looking to simplify their packing for the return trip, there’s also a £1.99 Travel Laundry Bag, which could be ideal for separating clean and dirty clothing. Home Bargains says: “Keep your dirty laundry organised on the go with this simple, roomy Travel Laundry Bag featuring a handy drawstring design for easy packing and unpacking. Perfect for stress-free travel.”
Elsewhere, Dunelm also offers a travel range, including items that could be considered rivals to Home Bargains products. For £10, Dunelm shoppers can get a set of seven Travel Storage Packing Cubes to keep their belongings organised.
The product description says: “Organise your travels with our Seven Piece Travel Storage Bag – its stylish grey colourway and sleek design make packing a breeze. Lightweight and easy to carry, this set is water repellent and boasts a large capacity to accommodate all your essentials. Plus, for your convenience, it’s machine washable, ensuring a hassle-free journey from start to finish.”
Rating their purchase, a Dunelm shopper wrote: “I have just got back from a trip where I used these travel bags for the first time and am really happy with them. There is a good variety of styles and sizes and they are better made than I expected for the very reasonable price.
“They definitely helped me keep my suitcase organised over a two week holiday. The only thing I will do next time is attach tags to the zips to remind me what is in which bag.”
Another reviewer said: “On my last holiday, my case was a mess and my friend had these bags and everything was organised and stress free! I can’t wait to go on holiday and try them out!”