Financial Times - oil producers spring surprise output cut of more than 1mn barrels a day

Summary of the front page

The Financial Times splashes on the revelations from oil producing nations that they will be cutting back production by more than a million barrels a day.

According to the paper, the move has put Saudi Arabia on a “collision course” with the US as it attempts to boost prices.

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Crowds gather in Tehran for Ayatollah Ali Khamenei’s funeral

What’s going on?
Iran’s Supreme Leader, Ayatollah Ali Khamenei, has been buried in Tehran, attended by thousands of mourners. The funeral followed his death from undisclosed causes, leading to widespread national mourning. Khamenei’s passing marks a significant moment in Iran’s leadership structure.

Two outlets highlight contrasting aspects of the event. Reuters states, “Three sons of Iran’s slain leader Khamenei appear at funeral, not his successor,” focusing on familial representation amidst leadership changes. In contrast, The New York Times reports, “Exhausted by Iran War, Tehran Transforms for Khamenei’s Funeral,” emphasising the emotional and societal impacts of the funeral on a war-weary populace.

Coverage analysed: Reuters | The New York Times

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Serbia prepares for EXPO 2027 amid ongoing EU accession discussions

Serbia will host EXPO 2027, with 140 countries already signed up. Key topics at a recent Brussels conference included preparations for the event and Serbia’s EU accession talks, attended by prominent officials, including former Prime Minister Ana Brnabić, who addressed Serbia’s support for Ukraine amid ongoing geopolitical tensions.

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