Monday, October 26, 2026
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Wildfires ease in Greece as people return to gutted homes

Local crews supported by water-bombing aircraft and reinforcements from Romania and France were operating on three fronts west of Athens in the Gulf of Corinth, dousing flames raging since Friday

International News via Reuters:

Wildfires were easing in Greece on Tuesday though hundreds of firefighters were on alert for persistent flare-ups northwest of Athens, where rugged hills and canyons hampered efforts to fully contain a blaze that gutted homes and scorched forests, farmland and olive groves. 

Local crews supported by water-bombing aircraft and reinforcements from Romania and France were operating on three fronts west of Athens in the Gulf of Corinth, dousing flames raging since Friday.

Strong dry winds blowing from the Aegean Sea, known as the meltemi, had complicated their efforts, with water bombers unable to operate at times, officials said.

“We are talking about a fire where we didn’t have an aircraft at our disposal for 30 continuous hours, which caused us a lot of difficulties,” deputy fire brigade spokesperson Ioannis Artopoios told public broadcaster ERT.

In the coastal community of Porto Germeno, some 60 km (40 miles) northwest of Athens, Vivi Gialia, 45, surveyed the remains of her parents’ home and the fire-ravaged landscape of her childhood summers. 

“It’s as if my heart has been torn out,” she told Reuters.

Europe has been ravaged by wildfires this summer after a period of record-breaking heatwaves and little rain — conditions that many scientists say have been exacerbated by human-driven climate change.

France and Spain have been particularly hard hit, although huge blazes there died down over the weekend, providing some respite. Greece, a known fire hotspot, had until now experienced a relatively mild summer.

Two crew members of a firefighting helicopter died on Sunday near the seaside community of Psatha, about 40 km (25 miles) from Athens, after a mid-air brush with a second helicopter, whose two crew survived. The circumstances of the crash, which involved U.S.-registered Bell helicopters, were under investigation by the U.S. Federal Aviation Administration, Greek authorities said.

At Porto Germeno, small religious shrines, ubiquitous in many Greek homes, still stood on the sides of roads or at the entrance to a gutted house. In one home, a woman was attempting to sweep away broken tiles in a darkened room, her steel front door black from the flames. 

“It was a beautiful place, we spent our summers here. We have spent happy times here, and there is nothing anymore,” Gialia said, criticising what she said was a slow response by firefighters. 

Additional reporting by Deborah Kyvrikosaios, Lefteris Papadimas, Angeliki Koutantou and Renee Maltezou; writing by Michele Kambas; Editing by Andrei Khalip

Stocks rise despite higher oil prices as Iran tensions persist

Qatar Foreign Ministry spokesperson Majed Al Ansari said diplomatic efforts to resolve the U.S.-Iran war were ongoing, but an attack near the Strait of Hormuz underscored doubts that the conflict was nearing an end

International News via Reuters:

European stocks climbed alongside U.S. futures on Tuesday, although a rebound in oil prices underscored market scepticism that the U.S.-Iran war would be resolved quickly through diplomacy.

Meanwhile the yen eased, but held on to most of its intervention-driven gains after last week’s joint action by Tokyo and Washington to support the currency.

Qatar Foreign Ministry spokesperson Majed Al Ansari said diplomatic efforts to resolve the U.S.-Iran war were ongoing, but an attack near the Strait of Hormuz underscored doubts that the conflict was nearing an end.

Brent futures rose 1.5% to $85.05 a barrel after dropping 7% in the previous session to a three-week low.

Europe’s STOXX 600 .STOXX was up 0.60%, with tech stocks rising 1.85%. Nasdaq futures climbed 0.77% and S&P 500 futures increased 0.20%.

The S&P 500 index <.SPX> rose 1.48% on Monday, hitting 7,610.04, not far from its all-time high of 7,620.90, while the Dow Industrials reached a record closing high. Nasdaq Composite jumped 2.12%.

MSCI’s main world stocks index <.MIWD00000PUS> rose 0.10%.

“We are adding risk to sectors which should be less impacted by higher rates. Tech and financials would be our favourite sectors to add back risk in the portfolio,” Mohit Kumar, an economist at Jefferies, said, recalling the recent rally in bond yields.

“One underlying factor that continues to support our medium term bullish view is the amount of cash in the system,” he added.

Longer-dated U.S. Treasury yields rose to a 19-year high last week after comments from U.S. Federal Reserve Chairman Kevin Warsh raised concerns the Fed may not act aggressively to head off inflation.

Most analysts believe Warsh does not want to hike rates, and the incoming data could provide him enough cover to stay put. The first round of U.S. jobs data is due later on Tuesday.

With almost two-thirds of S&P 500 companies reporting for the second quarter, 84% have beaten earnings estimates, according to LSEG data and market participants.

“Market leverage is high, but a reversal requires aggressive tightening and a yield-curve inversion,” Manish Kabra, lead U.S. equities and multi-asset strategist at Societe Generale, said, adding that a yield-curve inversion is not SG’s scenario.

SG sees the S&P index at 8,000.

However, concerns linger elsewhere for Europe, with some economists warning that its economy faces a more challenging outlook than other regions as drought hampers Rhine shipping and gas inventories remain under pressure.

YEN DROPS AFTER INTERVENTION-DRIVEN RALLY

The dollar was up 0.4% at 157.80 yen, rebuilding strength after coordinated intervention by U.S. and Japanese authorities to prop up the yen last week.

The Japanese currency remains about 4% stronger against the greenback compared with levels a week ago that prompted official support and marked the first U.S. intervention in the Japanese foreign exchange market in 15 years.

However, Japan’s expansionary fiscal policy and the Bank of Japan’s gradual pace of rate hikes could weigh on the yen, some market participants warn.

“The catalysts that can amplify the unwinding of short yen positions (supporting the currency) are, potentially, lower crude oil prices, BoJ policy tightening in September and thereafter, and some moderation in prime minister Sanae Takaichi’s fiscal plans, in order to bring debt sustainability back,” Thierry Wizman, global forex and rates strategist at Macquarie Group, said.

The U.S. dollar index, which measures the greenback against a basket of six currencies, was steady, not far from the lowest levels of the past two months at 99.97.

Reporting by Stefano Rebaudo. Editing by Jamie Freed and Mark Potter

FTSE 100 gains as BP and miners advance

The FTSE 100 index was up 0.3% at 10,886.98 points by 0905 GMT, while the midcap FTSE 250 inched up 0.1% to 24,244.35 points

International News via Reuters:

London’s FTSE 100 rose on Tuesday, buoyed by strong results from blue-chip company BP and a surge in metal miners as commodity prices climbed.

The FTSE 100 index was up 0.3% at 10,886.98 points by 0905 GMT, while the midcap FTSE 250 inched up 0.1% to 24,244.35 points.  

• Shares of BP rose 1% after the oil major reported second-quarter profit that more than doubled to $5.73 billion and beat analysts’ forecasts, thanks to higher energy prices, trading and refining margins.

• HSBC dipped 1.1%, having hit a record high earlier in the session, after the bank raised its net interest income target for this year.

• Industrial metal miners such as Glencore and Rio Tinto added 4.1% and 2.7%, respectively, as copper prices touched two-month highs, supported by falling inventories. [MET/L]

• The broader pan-European STOXX 600 index touched record highs and U.S. futures rose as an upbeat earnings season and renewed buying in big U.S. technology stocks offset uncertainty around the Middle East conflict.

• The FTSE 100 is rebounding after three sessions of declines, and held below a record high hit last week. The FTSE 250 was trading at a near six-year high.

• Oil prices rose on Tuesday as a diplomatic resolution to the U.S.-Iran conflict remained uncertain, with Iran’s Foreign Ministry spokesman Esmail Baghaei saying no negotiations with the U.S. were taking place. [O/R]

• Among other movers, Travis Perkins jumped 18% after the building materials supplier reported higher first-half profit, helped by price increases and cost-cutting measures. It was the top gainer in the FTSE 250 index.

• Segro gained 0.8% after the British warehouse landlord accepted a takeover bid by rival U.S. logistics firm Prologis in a deal worth up to £14.3 billion ($19.19 billion).

• Smith+Nephew dipped 6.9% after the medical products maker lowered its revenue growth forecast, hurt by continued weakness in its U.S. orthopaedics unit.

Reporting by Sruthi Shankar in Bengaluru ; Editing by Sonia Cheema

Sterling holds steady as traders watch Iran talks and Japanese yen

Sterling was last up less than 0.1% at $1.344, after rising sharply at the end of last week as the dollar slid in the wake of official intervention to prop up the yen and as the U.S. Federal Reserve held interest rates

International News via Reuters:

The pound was little changed on Tuesday as markets waited for further details on possible U.S.-Iran peace talks and traders were on alert for further intervention in the Japanese yen that has the potential to spill over into other markets.

Sterling was last up less than 0.1% at $1.344, after rising sharply at the end of last week as the dollar slid in the wake of official intervention to prop up the yen and as the U.S. Federal Reserve held interest rates.

The pound was also little changed against the euro, with the euro zone’s currency down less than 0.1% at 85.62 pence.

Oil prices have fallen this week after U.S. President Donald Trump said on Monday that talks with Iran were under way, reducing potential inflationary pressures for energy-importing countries, such as Britain.

Yet Iran denied that any negotiations were being held or planned, pushing oil prices back up slightly on Tuesday, with Brent crude up 3% to $86.10 a barrel.

Currency traders were also bracing for potential further intervention in the yen after Japan and the U.S. bought the currency in a rare move at the end of last week.

Two market sources told Reuters the U.S. Treasury bought yen with euros instead of dollars, a highly unusual move likely aimed at helping Japan without encouraging a view that Washington wants a softer dollar.

The swings in currency markets, as well as the Fed decision, helped drive sterling up 1.4% over three days at the end of last week.

This week, investors are also waiting for Friday’s monthly U.S. jobs report for July, which could jolt markets should it cause traders to shift their bets on Fed rate hikes.

“We think further U.S. dollar losses from here require a more compelling macro argument,” said Francesco Pesole, currency strategist at ING. “That is, soft data justifying a new round of dovish repricing.”

Reporting by Harry RobertsonEditing by Tomasz Janowski

Cosplayers create ‘chaos’ at College

Self-expression was fully encouraged at the Bermuda College recently, during its 3rd annual Cosplay Chaos event

Self-expression was fully encouraged at Bermuda College recently, during its 3rd annual Cosplay Chaos event.

Gary Foster Skelton chatted with young people who were embodying some of the characters that have inspired and engaged them, along with counsellor Kennita Perry who started the event.

WATCH the report above…

Trump says Iran talks are going on ‘right now’, Tehran has one last chance

Earlier on Monday, after Iran said there were no talks under way, Trump slammed what he called Iran’s “unbelievably duplicitous” leadership

International News via Reuters:

U.S. President Donald Trump on Monday said talks with Iran “are going on right now”, adding that the negotiations represented the last chance for Tehran to sign a good deal.

Earlier on Monday, after Iran said there were no talks under way, Trump slammed what he called Iran’s “unbelievably duplicitous” leadership.

“They are going on right now,” Trump told reporters when asked about the status of the negotiations, saying the two sides were talking at the request of Iran, Saudi Arabia, the United Arab Emirates and Qatar among others.

“This is a last chance for them to sign a good document,” he said, referring to Iran.

Reporting by Nandita Bose, writing by David Ljunggren; editing by Michelle Nichols

Apple launches new legal challenge to UK attempt to access encrypted user data, FT reports

The report said Apple last month lodged a legal complaint at the Investigatory Powers Tribunal — Britain’s independent judicial body — over the Interior Ministry’s demand that Apple allow it access to encrypted cloud backups of data belonging to British users

International News via Reuters:

Apple has launched a new legal challenge against the British government’s latest attempt to create a so-called backdoor to access encrypted customer data, the Financial Times reported on Monday.

The report said Apple last month lodged a legal complaint at the Investigatory Powers Tribunal — Britain’s independent judicial body — over the Interior Ministry’s demand that Apple allow it access to encrypted cloud backups of data belonging to British users.

Britain dropped last year a previous mandate for such a backdoor that would have allowed access to British and U.S. customers’ data following months of negotiations with the U.S. President Donald Trump’s administration.

However, British authorities subsequently issued a new “technical capability notice” to Apple that did not apply to U.S. users, the FT report said.

A British government spokesperson said it would not comment on legal proceedings or operational matters, including confirming or denying the existence of individual notices.

“The UK supports strong encryption and robust privacy protections, but it is also vital that law enforcement can access communications when necessary and proportionate to protect the public from terrorism, serious crime, and child sexual abuse,” the spokesperson said.

Apple confirmed the filing but declined to comment further. The company has previously said it has never built a backdoor or master key to any of its products or services and never would.

“This is a hugely important case that will have far-reaching implications for the public’s privacy rights well into the future,” Ruth Ehrlich, director of external relations at human rights advocacy group Liberty, which has previously been involved in the legal case, said in a statement.

“Opening a backdoor to all of that information carries a wide range of risks to our personal data. It is critical that the government listens to the many concerns and commits to protecting our privacy rights.”

Reporting by Muvija M and Michael HoldenEditing by Tomasz Janowski and Nick Zieminski

About 60,000 ordered to evacuate from fires in Spokane, Washington

The Spokane Area Fire, which contains three separate blazes, was threatening the areas under evacuation orders

International News via Reuters:

Around 60,000 people have been ordered to evacuate as wildfires threaten the city of Spokane in Washington state, local officials said Sunday, adding the fires in the region had destroyed 600 buildings, including homes and businesses.

The Spokane Area Fire, which contains three separate blazes, was threatening the areas under evacuation orders, Spokane Fire Chief Tom Williams told Reuters.

The fires had burned 5,390 acres (2,180 hectares) by Sunday, according to a federal incident management team. 

Williams said the fires had yet to be contained. 

No injuries or deaths had been reported, officials said at a Sunday afternoon news conference.

Spokane Mayor Lisa Brown called it “the worst natural disaster our region has faced.”

Around 10,000 electricity customers in the region had no power as of Sunday afternoon, Avista Utilities CEO Heather Rosentrader said.

State officials have said that more than 250,000 acres (101,171 hectares) are burning across Washington state. 

Washington Governor Bob Ferguson said he had spoken with U.S. President Donald Trump on Sunday and requested assistance from the Federal Emergency Management Agency. The governor has declared a statewide emergency.

Reporting by Tatiana Bautzer; Editing by Sergio Non and Michael Perry

Oil falls, stocks gain amid Iran peace hopes; yen firms after intervention

Oil prices fell sharply  after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf

International News via Reuters:

Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention to support it.

Oil prices fell sharply  after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf. U.S. crude was last down 6.07% at $79.53 a barrel and Brent was off at $83.64 per barrel, down 4.88% on the day.

However, Iran said on Monday there were no talks under way with the U.S. and no plans for any meetings.

Optimism over earnings helped to underpin equities. More than 300 of the S&P 500 component companies have reported earnings so far, with roughly 85% of firms beating expectations, according to LSEG data.

“The sharp drop in oil prices, due to Trump’s cancelling severe attacks against Iran and hopes of a diplomatic resolution, set the ball rolling this morning,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

Also a plus for equities, “so far most of the earnings have beat expectations,” and guidance has been upbeat, he said.

Amazon’s market value topped $3 trillion for the first time on Monday, helped by a sharp rally following strong earnings and signs that the AI boom is driving fresh demand for its cloud-computing services.

The Dow Jones Industrial Average rose 512.69 points, or 0.98%, to 52,998.45, the S&P 500 rose 96.74 points, or 1.29%, to 7,586.46 and the Nasdaq Composite rose 512.28 points, or 2.02%, to 25,886.13.

MSCI’s gauge of stocks across the globe rose 8.86 points, or 0.79%, to 1,129.37. The pan-European STOXX 600 index rose 0.45%. 

AstraZeneca investors punished the pharmaceutical firm on Monday over reports of merger talks with U.S. rival Bristol Myers Squibb that could make it one of the world’s biggest drugmakers with a combined value of nearly $400 billion.

Japan’s Nikkei closed 1% lower, while South Korea’s KOSPI slid more than 5%.

Japan and the U.S. conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan’s finance ministry said on Monday, confirming a rare bilateral action to halt the yen’s slide to fresh 40-year lows.

Trump said on Sunday that the U.S. was helping Japan prop up the yen as a sign of friendship and to help the world economy. 

The dollar index, which measures the greenback against a basket of currencies including the yen and the euro,rose 0.24% to 99.95, with the euro down 0.18% at $1.1506. Against the Japanese yen, the dollar weakened 0.44% to 156.87.

Tokyo’s solo intervention conducted between late April and early May caused only a brief yen rebound, while a rate hike in June by the Bank of Japan provided little support, underscoring the challenge policymakers face of rising oil prices and a wide interest-rate differential against other major economies.

Elsewhere, U.S. Treasury yields retreated as oil prices fell, even as traders continued to weigh the odds of a Federal Reserve rate hike should the war drag on.

The yield on benchmark U.S. 10-year notes dropped 5.52 basis points to 4.69%. It reached 4.747% on Friday, the highest since January 2025.

The 30-year bond yield fell 4.44 basis points to 5.2306% after peaking at 5.2811% on Friday, the highest since 2007.

Reporting by Caroline Valetkevitch in New York and Nell Mackenzie in London; Additional reporting by Ankur Banerjee in Singapore; Editing by Barbara Lewis and Kevin Liffey

Bermuda Airport Authority awards inaugural aviation bursaries to three Bermudians

The Bermuda Airport Authority has awarded its inaugural Aviation Bursaries to three Bermudians pursuing studies and training in the aviation industry.

Elias Reece, Ishmeal Naylor and Remy Donawa will each receive a $5,000 bursary to support their education overseas.

Reece is pursuing a BSc in Aviation Operations with Commercial Pilot Training at Kingston University, while Naylor is studying Aviation Management – Maintenance & Flight at Andrews University.

Donawa is pursuing a degree in Aeronautical Science, with a focus on flight, at Embry-Riddle Aeronautical University.

The inaugural awards were dedicated to the memory of former Bermuda Airport Authority employees Burton Cox and Kim Wade, both of whom made significant contributions to Bermuda’s aviation community.

Bermuda Airport Authority Chief Executive Officer Lester Nelson said the organisation was impressed by the quality of applications received and pleased to support the three recipients as they pursue careers in aviation.

Nelson said their dedication, achievements and passion for the industry provide confidence in the future of aviation in Bermuda.

The Authority congratulated Reece, Naylor and Donawa and encouraged other students interested in aviation to explore career opportunities within the industry and apply for future Aviation Bursary Awards.

Holiday policing: No major incidents, but drink-driving persists

Acting Police Commissioner highlights a ‘positive’ Cup Match for police, but cites DUIs and knife-carrying as areas of concern

Photo courtesy of Bermuda Police Service

Forty arrests were made over the Cup Match holiday period – but no major criminal incidents were reported.

Police have called this a “positive overall outcome”, although people driving under the influence and individuals carrying knives remains a cause for concern.

From 5pm last Wednesday through to 5am this morning, thirteen arrests were made for outstanding warrants, five for common assault and another five for carrying bladed articles.

Another seven arrests were made for suspicion of driving or having care and control of a vehicle while impaired by alcohol of drugs.

Acting Police Commissioner Na’imah Astwood said, “roadside sobriety stops combined with traffic checks and stop and search operations will remain in place as the Bermuda Police Service continues efforts to reduce this life threatening behaviour…

“However, as we’ve repeatedly stated, we cannot do it alone and call upon you the community to do your part by helping to foster a cultural change that makes impaired driving socially unacceptable.”

The Acting Commissioner also said that those who carry knives often say that they believe it makes them safer, but adds that “the reality is that carrying a weapon frequently increases the risk of serious injury or violence…

“Our message is straightforward: avoid confrontation wherever possible and contact police if you feel threatened. Choosing not to carry a weapon protects both you and those around you.”

Regarding minor public order incidents, Acting Commissioner Astwood acknowledged two isolated disturbances at the Somerset Cricket Club grounds, which were swiftly controlled by police, event security and members of the Royal Bermuda Regiment.

In both incidents, people allegedly made threats while brandishing knives. The individuals involved were arrested and the weapons seized, and anyone with information on the incident is asked to call the police on 211.

Acting Commissioner Astwood concluded that ensuring Cup Match is enjoyed safely requires a partnership between police, emergency services, event organisers, volunteers and the public.

“I sincerely thank everyone who played their part,” she said, “particularly our officers, Reserve Police and Royal Bermuda Regiment personnel, whose professionalism and commitment throughout the weekend were instrumental in delivering a safe and enjoyable event for our community.”


Bermuda Police Service press release:

The Bermuda Police Service thanks the public for its cooperation over the Cup Match holiday, following an operational policing plan that contributed to a largely safe and peaceful long weekend.

While there were no major criminal incidents reported, there were forty arrests made during the period 5:00 p.m. on Wednesday, July 29, 2026, through to 5:00 a.m. today, Monday, August 3, 2026. Most of those arrests related to individuals who were wanted on outstanding warrants.

Despite the positive overall outcome, several incidents remain a cause for concern. Police arrested seven motorists on suspicion of driving or having care and control of a vehicle while impaired by alcohol or drugs. Additionally, five individuals were taken into custody after allegedly being found in possession bladed articles, namely knives.

Acting Commissioner of Police, Acting Commissioner of Police Na’imah Astwood expressed concern over the continued poor judgement by individuals who choose to operate a vehicle while impaired. “Roadside Sobriety Stops combined with traffic checks and stop and search operations will remain in place as the Bermuda Police Service continues efforts to reduce this life threatening behaviour. However, as we’ve repeatedly stated we cannot do it alone and call upon you the community to do your part by helping to foster a cultural change that makes impaired driving socially unacceptable.”

Addressing the arrests involving bladed articles, Acting Commissioner Astwood said officers remain focused on removing weapons from Bermuda’s streets. “Too often we hear people say they are carrying a knife because they believe it makes them safer. The reality is that carrying a weapon frequently increases the risk of serious injury or violence. Our message is straightforward: avoid confrontation wherever possible and contact police if you feel threatened. Choosing not to carry a weapon protects both you and those around you.”

The Acting Commissioner also acknowledged minor public order incidents that occurred near the conclusion of the festivities on Friday.

“There were two isolated disturbances at the Somerset Cricket Club grounds which were quickly brought under control through the coordinated efforts of police officers, event security personnel and members of the Royal Bermuda Regiment. Both of these incidents allegedly involved individuals making threats while brandishing knives. The subjects involved were immediately arrested and the weapons seized. Both matters remain under investigation and anyone with information is asked to please call 211 or 295-0011.”

Acting Commissioner Astwood concluded by recognising the collective effort that contributed to a successful holiday weekend.

“Cup Match is one of Bermuda’s most celebrated traditions, and ensuring that it can be enjoyed safely requires a partnership between police, our emergency service colleagues, event organisers, volunteers and the public. I sincerely thank everyone who played their part, particularly our officers, Reserve Police and Royal Bermuda Regiment personnel, whose professionalism and commitment throughout the weekend were instrumental in delivering a safe and enjoyable event for our community.”

ARREST BREAKDOWN:

Assault on Police/VRA/Offensive Words- (1)

D.U.I- (6) Highest Breathalyser reading, 284/100

Having Care and Control of a motorcar whilst Impaired- (1)

Bladed Articles- (5)

Possession of an offensive weapon in an increased penalty zone/Bladed Article- (1)

Possession of a controlled Drug/Importation of a controlled drug- (1)

Possession of a controlled drug w/intent and Possession of drug equipment- (1)

Breach of Bail Conditions – (1)

Driving whilst disqualified by reason of age – (1)

Common Assault – (5)

Effecting a public mischief – (1)

Offensive Words – (3)

Warrant – (13)

Wilful Damage – (1)

UK July EV sales beat mandate path, New Automotive data shows

A total of 43,547 new battery EVs were registered in July, up from 29,226 a year earlier, giving them a 27.4% share of new car registrations

International News via Reuters:

Battery electric vehicle registrations in Britain jumped 49% in July from a year earlier, taking more than a quarter of the new car market and running ahead of the zero-emission vehicle mandate path for a second straight month, New AutoMotive data showed on Monday.

A total of 43,547 new battery EVs were registered in July, up from 29,226 a year earlier, giving them a 27.4% share of new car registrations, New AutoMotive said.

EVs have been gaining ground in Europe as rising fuel costs, largely driven by global oil shocks from the Iran war, steer customers toward alternatives.

While Britain’s zero-emission vehicle mandate target for 2026 is 33%, the industry body estimated that the effective market-wide target falls to 24.6% after scheme flexibilities, below the year-to-date battery EV share of 25.3%.

Reporting by Nithyashree R B in Bengaluru; Editing by Anil D’Silva and Shreya Biswas