Oil briefly spiked to $120 as markets got spooked by reports of Iran extending its blockade, because nothing says 'stable investment' like geopolitical chess played with tankers. The crude market continues its delightful impression of a caffeinated ping-pong ball as Middle East tensions persist.
BBC World
Jeffrey Epstein apparently collected sacred tapestries from Mecca for his island's mysterious 'mosque,' proving that even when building fake religious structures for unknown purposes, the man had a taste for authentic decor. His messages reveal how his network of connections helped him acquire these holy artifacts, adding yet another layer of disturbing weirdness to an already deeply unsettling story.
NYT World
The UAE has officially quit OPEC as of May 1st, presumably tired of group projects where Saudi Arabia does most of the talking while everyone else nods along. This departure shakes up the oil cartel's dynamics just as energy markets are already doing their best impression of a roller coaster designed by someone with anger management issues.
Al Jazeera