Good evening. Trump's naval blockade of the Strait of Hormuz is now officially in effect, with the president claiming Iran has reached out wanting a deal "very badly." Oil analysts are warning prices could surge to $150 per barrel as this critical shipping lane carries about a fifth of global petroleum exports. The move has sent ripples through energy markets worldwide, with experts suggesting the resulting crisis could trigger broader political instability as supply chains tighten and costs spiral.
Meanwhile, there's been a dramatic political earthquake in Hungary where Peter Magyar has successfully toppled Viktor Orban after years of increasingly authoritarian rule. Hungarians are celebrating in the streets, many expressing relief about staying closer to the European Union rather than drifting toward isolation. Closer to home, an official inquiry into the Southport attack has concluded it could have been prevented, finding that both the killer's parents and various agencies failed in their duty to recognize and report the growing danger signs.