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Why oil traders are watching the Strait of Hormuz
Israel’s strikes against Iran have threatened to ignite a regional conflict that disrupts oil supplies across the Middle East, with traders reviving the decades-old question of whether Tehran could respond by closing the vital industry chokepoint at the Strait of Hormuz. Brent crude, the global benchmark, surged 12 per cent to a high of $78.5…
Sam Burns posts 65, ends up with U.S. Open lead at Oakmont
Jun 13, 2025, 09:32 PM ET OAKMONT, Pa. — Sam Burns avoided a repeat of the meltdown that ruined his opening round at the U.S. Open and wound up with a big par save on his last hole for a 5-under 65 and the 36-hole lead. Best of all, he was long gone before the…
Plant skin grafts could result in new kinds of vegetables
KeyGene’s new potato variety (centre) has the skin of Pimpernel (left) and the flesh of Bintje (right) Courtesy of KeyGene A new technique for creating fruit and vegetables with the skin of one variety and the flesh of another could make crops more resistant to pests and droughts. A lot of the fruit and vegetables…
Oil in the new age of volatility
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. In recent years, June Fridays have often been viewed by financiers as a good moment to work from home. Not now. As news spread about the Israeli air strikes on Iran, traders across Wall Street…
AI data scrapers are an existential threat to Wikipedia
Wikipedia is under threat from the AI boom Chris Dorney / Alamy Wikipedia is one of the greatest knowledge resources ever assembled, containing crowdsourced contributions from millions of humans worldwide – and it faces a growing threat from artificial intelligence developers. The non-profit Wikimedia Foundation, which operates Wikipedia, says since January 2024 it has seen…
Panthers, Defenders meet for UFL championship
Jun 13, 2025, 06:00 AM ET The reign of the Birmingham Stallions is over, and the UFL will crown a new champion on Saturday (8 p.m. ET, ABC/ESPN+) at The Dome at America’s Center in St. Louis. The Stallions, who had won three consecutive spring football league titles (two in the USFL and the first…
Bonobos use a kind of syntax once thought to be unique to humans
A female bonobo at Kokolopori Bonobo Reserve in the Democratic Republic of the Congo Lukas Bierhoff, Kokolopori Bonobo Research Project Bonobos combine their calls in a complex way that forms distinct phrases, a sign that this type of syntax is more evolutionarily ancient than previously thought. Human language, often described as the hallmark of our…
The trouble with MAGA’s manufacturing dream
In the late 1940s, as the industrial capacity of Europe and Japan lay in tatters, America accounted for over half of global manufacturing output, with much of the world heavily reliant on its wares. Last year it accounted for little over a tenth, and imported $1.2trn more in merchandise than it exported—to the displeasure of…
Visit the Arctic vault holding back-ups of great works
Adrienne Murray Technology Reporter Reporting fromLongyearbyen, Norway Getty Images Norway’s Longyearbyen is the world’s northernmost town High above the Arctic Circle, the archipelago of Svalbard lies halfway between mainland Norway and the North Pole. Frozen, mountainous, and remote, it’s home to hundreds of polar bears and a couple of sparse settlements. One of those is…