The newly appointed Prime Minister Andy Burnham has signalled the government's commitment to domestic energy production by authorising expansion of North Sea oil and gas operations. This announcement comes amid intensifying military confrontation between the United States and Iran, which has entered its second week of active strikes, resulting in casualties among American service personnel stationed in Iraq and Jordan.

The regional military crisis has reverberated across global financial markets, with crude oil breaching the $90-per-barrel threshold as investors assess potential supply disruptions and escalating geopolitical risks. Amid the economic turbulence, budget airline Ryanair has forecast a decline in summer fares, offering consumers some relief. On the sporting front, Spain triumphed in a closely contested World Cup final, whilst professional golfer Ryan Fox secured his maiden major championship victory at the Open Championship.