Fuel prices are displayed on a sign as a customer fills their vehicle at a gas station on April 13, 2026 in Miami, Florida. (Photo by Joe Raedle/Getty Images)
“We are living on borrowed time,” said one economist about global oil prices.
With no end in sight to the Strait of Hormuz crisis caused by President Donald Trump’s illegal war with Iran, the head of the International Energy Agency warned Monday that global energy supplies are running dangerously low.
IEA executive director Faith Birol told reporters in Paris that the world only has weeks’ worth of oil reserves left, raising the likelihood that energy prices will soar even higher in the near future.
Birol said that oil inventories are “declining rapidly” and added that there was “a perception gap in the markets between the physical markets and the financial markets,” as the price of oil in futures markets has not yet risen to a level that accurately reflects the coming supply crunch.
In his remarks to the press, given on the sidelines of a G7 gathering taking place this week in France,Birol warned that it’s only a matter of time before the supply shortage of fertilizer, which was also caused by the Iran War, leads to a surge in food prices that “might give a big push to inflation numbers.”
The Financial Times reported on Sunday that energy markets are approaching a “tipping point” where prices could see another upward surge that would throw the global economy into a recession.
Paul Diggle, chief economist at fund manager Aberdeen, told The Financial Times that he has been modeling the economic impact of oil hitting $180 per barrel, which he said would set off a global inflation crisis.
“We are taking that outcome very seriously,” Diggle said. “We are living on borrowed time.”
Oil prices briefly fell last month after the US and Iran announced a ceasefire agreement. However, the Strait of Hormuz has remained closed throughout that period, and Trump is reportedly preparing to restart attacks on Iran in the near future if no deal to reopen the strait is reached.
In a Sunday Truth Social post, Trump again threatened Iran with destruction unless it agrees to his demands.
“For Iran, the Clock is Ticking, and they better get moving, FAST, or there won’t be anything left of them,” the president wrote. “TIME IS OF THE ESSENCE!”
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A view of Sde Teiman prison in the Negev desert near the Gaza Strip, in Negev, Israel, on January 10, 2025. (Photo by Mostafa Alkharouf/Anadolu via Getty Images)
While Israel said the claims amount to “blood libel,” a spokesperson for the UN Human Rights Office said, “torture and ill-treatment, including sexual and gender-based violence, are systematically perpetrated against Palestinian prisoners.”
As Israel attempts to discreditNew York Times reporting published last week that detailed systematic sexual abuse of Palestinian prisoners by Israeli forces, the United NationsHuman Rights Office over the weekend called for an independent probe into what a spokesperson characterized as well-documented mistreatment.
“Torture and ill-treatment, including sexual and gender-based violence, are systematically perpetrated against Palestinian prisoners under Israeli custody. This includes numerous cases of rape, involving children,” said Thameen Al-Kheetan, a spokesperson for the UN High Commissioner for Human Rights (OHCHR) on Saturday, in response to questions from the Anadolu Agency.
Al-Kheetan added that the human rights office had confirmed the deaths of at least 90 Palestinian prisoners in Israeli custody since October 7, 2023, including a 17-year-old who showed signs of starvation at the time of death.
Israel has announced that it will sue the Times for the report by opinion columnist Nicholas Kristof, which included testimony from 14 Palestinians who said they faced sexual assaults in Israeli custody or during attacks by the Israeli military or settlers. Threatening legal action, Prime Minister Benjamin Netanyahu and other government officials described the reporting as “blood libel.”
But Al-Kheetan said the OHCHR had “systematically documented the practice of torture and ill-treatment, including sexual and gender-based violence, against Palestinian detainees in Israeli prisons.”
Reports from other human rights organizations, including Amnesty International, Human Rights Watch, and the Israeli group B’Tselem, have included similar testimonies in which Palestinian former detainees say they’ve experienced or witnessed sexual violence while in custody.
Al-Kheetan added that it was part of a “flawed Israeli detention and justice system,” which includes arbitrary detention, unfair trials, and violations of international law. “This system must end, and Israel, as an occupying power, must respect international human rights law and its obligations,” he said.
While rejecting allegations of systemic abuse, Israel has denied requests by the UN and other agencies for access to its detention facilities. Last year, Israel refused a request from the UN to investigate possible sex crimes committed by Hamas militants against Israelis on October 7, 2023, because it would have also involved a probe into its own treatment of Palestinian detainees.
Al-Kheetan said, “independent, impartial, and transparent investigations must be conducted into every death, torture, ill-treatment, and other case of inhuman or degrading treatment, and those responsible must be held accountable.”
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Israeli forces as they approach vessels traveling as part of the Global Sumud Flotilla, organized by humanitarians to bring life-saving aid to Palestinians in Gaza. (Photo: Screengrab/Global Sumud Flotilla)
“Shame on European governments who are not acting to stop Israel!” said UN expert Francesca Albanese. “When will Israel’s impunity end?”
Israel’s raid on a peaceful flotilla of international vessels attempting to bring humanitarian aid to the besieged Gaza Strip was described Monday as an act of brazen piracy and condemned by human rights activists and experts who say the world should no longer stand by in the face of such criminality.
Francesca Albanese, UN special rapporteur on the occupied Palestinian territories, called the operations by Israel “yet another act of piracy by the Israeli army in international waters” that must be condemned by the global community.
Noting that the flotilla is “carrying basic necessities to a desperate population in Gaza,” Albanese said: “Shame on European governments who are not acting to stop Israel! When will Israel’s impunity end?”
RED ALERT!
Military vessels are currently intercepting our fleet and IOF forces are boarding the first of our boats in broad daylight.
We demand safe passage for our legal, non-violent humanitarian mission. Governments must act now to stop these illegal acts or piracy meant to… pic.twitter.com/4RmPuswZNo
— Global Sumud Flotilla (@gbsumudflotilla) May 18, 2026
A dispatch was issued by the Global Sumud Flotilla—which has repeatedly tried to break the siege of Gaza—shortly after 10:30 am local time, which said that their vessels off the coast of Cyprus were “currently surrounded and under active interception by Israeli naval warships in international waters, approximately 250 nautical miles from the coast of Gaza.”
The Israeli forces reportedly boarded a number of the more than 50 vessels traveling in the flotilla and began detaining those aboard.
“By intercepting the flotilla at a perimeter of 250 nautical miles today and in Cyprus’ SAR zone,” said the Flotilla in its statement, “the Israeli regime continues to demonstrate a systematic disregard for international maritime law, freedom of navigation on the high seas, and the United Nations Convention on the Law of the Sea (UNCLOS).”
Thiago Avila, a Brazilian activist who was detained and imprisoned by the Israelis for several days after being kidnapped off a boat on a previous attempt by humanitarians to reach Gaza with relief supplies, said in a video statement on Monday that now was the time for the international community to act.
“Do something,” pleaded Avila. “Take to the streets. The world cannot stand a genocide. The world cannot stand a country that violates international law, to continue killing children, assassinating children out of hunger, killing people with drones.”
“They want you not to talk about what’s happening in Gaza,” he continued. “There’s no real ceasefire. Seven months of people getting killed, aid still being hindered, more than half the land being taken away, and their plans are the worst for that area—it is complete ethnic cleansing and genocide. We need to stop that.”
Ann Wright, a retired US Army colonel who has long been a leading anti-war activist and is currently serving as a member of the support team at the Flotilla’s Crisis Center stationed in Istanbul, Turkiye, called the operation to deliver aid the “largest civilian flotilla in the history of support for Palestinians in Gaza” to date.
“Stop the genocide, not the flotilla,” said Stephen Bowen, executive Director of Amnesty International Ireland.
Independent journalist Alex Colston, embedded with the flotilla activists and on one of the vessels approached by Israeli forces, reported that he could confirm “people on intercepted boats are being moved to one, maybe two, military prison frigates,” though it was not clear where exactly those detained would be taken.
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US President Donald Trump speaks to reporters after arriving on the South Lawn of the White House in Washington, DC, on May 15, 2026. (Photo by Alex Wroblewski/AFP via Getty Images)
“The only realistic path to a diplomatic breakthrough would require Washington to engage more directly with the structure and substance of the Iranian proposal itself,” said a national security expert.
With the economic impact of the war on Iran linked to President Donald Trump’s plummeting approval rating, the president issued his latest threat to destroy the Middle Eastern country Sunday as he demanded negotiators “get moving, FAST” to end the conflict the US and Israel began by choice in February.
“For Iran, the Clock is Ticking,” said the president in a Truth Social post, adding that if a peace deal is not reached soon, “there won’t be anything left of them. TIME IS OF THE ESSENCE!”
Trump rejected Iran’s latest peace proposal last week; the country has reportedly offered significant concessions on its uranium enrichment, but seeks to have separate nuclear talks after achieving peace and reaching a deal to reopen the Strait of Hormuz, which the Iranians effectively closed in retaliation for the US-Israeli attacks.
Since launching the conflict, Trump has demanded the dismantling of Iran’s missile arsenal as well as its nuclear program, which Iran has said is not for military purposes, and has called for the country to cut ties with its regional allies.
Iran’s Mehr news agency said Sunday that Trump had offered “no tangible concessions” in his response to the Iranians’ latest proposal.
“The United States,” said the news outlet, “wants to obtain concessions that it failed to obtain during the war, which will lead to an impasse in the negotiations.”
Trump told Fox News in Beijing over the weekend that the Iranians are “crazy, and you know what? Because of that, they cannot have a nuclear weapon,” explaining why he viewed it as “unacceptable” for nuclear talks to take place separately after a peace deal is brokered.
Trump reportedly spoke to Israeli Prime Minister Benjamin Netanyahu Sunday about the possibility of renewing strikes on Iran, which would break a ceasefire that was reached more than a month ago.
Danny Citrinowicz, a senior researcher at the Institute for National Security Studies, said Sunday that “the only realistic path to a diplomatic breakthrough would require Washington to engage more directly with the structure and substance of the Iranian proposal itself.”
“Iran’s priorities remain consistent: ending what it views as economic siege conditions, reopening maritime access and reducing pressure in the Gulf, negotiating an end to the broader conflict, and only afterward addressing the nuclear issue,” said Citrinowicz. “At the present moment, it is difficult to see the Iranian leadership agreeing to any framework that does not meaningfully engage with those core demands.”
As with Trump’s earlier threats of violence, including one in April in which he declared that Iran’s entire civilization would die, “never to be brought back again,” Iranian officials said the president’s latest comments—which followed his posting of an image of himself on a military ship accompanied by the words, “It was the calm before the storm”—would not be tolerated.
A spokesperson for Iran’s armed forces, Abolfazl Shakarchi, told Mehr that “repeating any folly to compensate for America’s disgrace in the Third Imposed War against Iran will result in nothing but receiving more crushing and severe blows.”
Reporting for Al Jazeera, correspondent Almigdad Alruhaid said that the “kind of language” displayed by Trump on Sunday “is not acceptable here in Tehran. They are projecting defiance rather than [giving] an immediate response to this kind of rhetoric.”
“Behind all of this rhetoric, there is awareness that the diplomatic window right now is narrowing,” said Alruhid.
Meanwhile, US Sen. Lindsey Graham (R-SC) urged Trump to “hurt them more” in order to force a deal, calling on the president to go through with bombing Iran’s energy infrastructure as he’s threatened to in recent months.
Uber-warmonger Lindsey Graham calls on Trump to bomb Iran's energy infrastructure.
The reason why Trump didn't do this during the war – despite threatening it – was because he realized Tehran would retaliate and take out the energy infrastructure in the GCC states. This would… pic.twitter.com/rvrewkavNr
“The reason why Trump didn’t do this during the war—despite threatening it—was because he realized Tehran would retaliate and take out the energy infrastructure in the [Gulf Cooperation Council] states,” said Trita Parsi, executive vice president at the Quincy Institute for Responsible Statecraft. “This would lead to a far worse oil crisis—one rooted in production problems, not just a bottleneck in the Persian Gulf.”
“The global economy would be thrown into a deep recession. Fuel shortages would lead to food shortages worldwide. Trump’s presidency would be destroyed,” he said. “None of this matters to Lindsey. He’ll burn the entire planet as long as he gets his war. Trump’s biggest mistake has been to listen to Lindsey and his allies.”
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Secretary of State Marco Rubio looks on as US President Donald Trump meets with China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. (Photo by Brendan Smialowski/AFP via Getty Images)
“Like any country, Cuba has the right to defend itself against external aggression,” said the Cuban embassy. “It is called self-defense, and it is protected by International Law and the UN Charter.”
Cuban officials said the Trump administration is making “increasingly implausible accusations” against the country as it pushes to justify, “without any excuse, a military attack against Cuba,” after an unnamed White House official told the news outlet Axios that the Cubans have been “discussing plans” to launch drones against the US.
“Cuba is the country under attack,” said the Cuban embassy in a statement, months into a ramped-up oil blockade by the US that has left the island’s electric grid in a “critical state” and forced frequent rolling blackouts as well as causing a healthcare crisis, with tens of thousands of people waiting for surgeries.
But in Axios’ article, the Trump administration official took pains to push the notion that the US, with its nearly $1 trillion-per-year military, could face attacks from the tiny Caribbean nation 90 miles south of Florida because officials there have been preparing defensive capabilities.
Axios reported that, according to classified intelligence it viewed, Cuba has acquired more than 300 drones and has been considering plans to attack the US military base at Guantanamo Bay, various US military vessels, and Key West, Florida.
The country has been acquiring drones from Russia and Iran since 2023 and has sought more aid from Russia in recent months, according to the report. Intelligence intercepts have also shown Cuba is “trying to learn about how Iran has resisted us,” the official said, referring to Iran’s use of unmanned aircraft, its closure of the Strait of Hormuz, and its attacks on US military outposts in the Middle East in response to the US-Israel war on the country that began in February.
The Cuban embassy further responded with a reminder that “like any country, Cuba has the right to defend itself against external aggression.”
Like any country, Cuba has the right to defend itself against external aggression. It is called self-defense, and it is protected by International Law and the UN Charter.
Those from the US who seek the submission and, in fact, the destruction of the Cuban…
“Those from the US who seek the submission and, in fact, the destruction of the Cuban nation through military aggression and war, do not waste a single moment fabricating pretexts, creating and spreading falsehoods, and distorting as extraordinary the logical preparation required to face a potential aggression,” said the embassy.
Journalist José Luis Granados Ceja, who is based in Mexico City and covers Latin America for Drop Site News, emphasized that “Cuba has the right to self-defense.”
“It would be arguably be wise for Cuba to incorporate a tool that has proven to be an extraordinary effective weapon and a powerful tool of dissuasion as part of its self-defense strategy,” said Granados Ceja.
Axios said the classified intelligence “could become a pretext for US military action” that President Donald Trump has expressed an interest in taking numerous times, before acknowledging toward the end of the article that “US officials don’t believe Cuba is an imminent threat, or actively planning to attack American interests.”
Rather, the intelligence showed that Cuban officials “have been discussing drone warfare plans in case hostilities erupt as relations with the US continue to deteriorate”—suggesting they could use drones in self-defense if attacked by the US.
.@Axios fabricates a "drone threat", only to confess paragraphs later: "US officials don't believe Cuba is actively planning to attack." This contradictory disinformation is a transparent, ludicrous pretext to justify US hostility. We categorically reject these baseless smears. https://t.co/YPgwket1p6
The reporting carried echoes of Secretary of State Marco Rubio’s rationale for attacking Iran in February. He stunned legal experts days after the war began by explaining that the US had decided to wage war on the Middle Eastern country because it feared Iran would retaliate after Israel began attacking it.
“The imminent threat was that we knew that if Iran was attacked, and we believed they would be attacked, that they would immediately come after us,” Rubio said.
The claim that Cuba’s reported preparations make the island a threat to US security “is a lie—with purpose,” said David Adler, co-general coordinator of Progressive International.
“Marco Rubio and his stenographers at Axios are manufacturing consent for the invasion of Cuba,” said Adler. “To fall for this flimsy propaganda is to fail the most basic test of civic literacy. And the stakes are millions of Cuban lives off our coast.”
Cuban drone attack with Iranian help? Now we know why Rubio has been hammering the message that Cuba is a threat and host to U.S. adversaries.
It reads like something out of a bad spy novel, but this regime-change propaganda represents a very real danger. https://t.co/bq1TAbLNt1
— José Luis Granados Ceja (@GranadosCeja) May 17, 2026
Rubio, the son of Cuban immigrants, has long sought regime change in the socialist country.
Axios’ reporting came days after CIA Director John Ratcliffe traveled to Cuba to pressure officials into complying with US demands, likely including political and economic reforms, heightening fears that the US could be planning a military attack unless the country complies.
White House officials also told CBS News Friday that the Department of Justice is preparing to criminally indict former Cuban President Raúl Castro for shooting down planes that belonged to a US group that had flown into Cuba’s airspace in the 1990s. In January, US forces invaded Venezuela and abducted President Nicolás Maduro, bringing him to the US where he was charged with drug trafficking, and pleaded not guilty.
Former Obama administration staffer and Pod Save America co-host Tommy Vietor said Sunday that “lots of signals pointing towards an imminent US regime change operation against Cuba.”
“The latest,” he said of the Axios article, “is this blatant effort to launder a pretext for war through the media.”
Donald Trump sings and dances, says that it’s fun to kill everyone …Orcas discuss rotting brain, front Orca says disinhibition and swearing are typical and common symptoms, small Orca speaks bluntly.
