LONDON: Thousands of people lined the roads around the Houses of Parliament and Buckingham Palace on Monday as British and allied troops paraded past at the start of four days of pageantry to mark the 80th anniversary of the end of World War II in Europe.
After Big Ben tolled at the stroke of noon, actor Timothy Spall recited the victory speech that Winston Churchill delivered to a roaring crowd in central London on May 8, 1945. Britain started its commemorations of V-E Day three days early, because Monday is a public holiday in the UK.
The Cenotaph, the nation’s war memorial, was covered with Union Jack flags. It was the first time that the memorial had been draped in the flags since it was unveiled by King George V in 1920, two years after the end of World War I.
About 1,300 members of the British armed forces are being joined by troops from the United Kingdom’s NATO allies and Ukraine — a nod to the present war in Europe. The procession started in Parliament Square and swept past Buckingham Palace, where King Charles III took the salute.
Maria Crook, 69, who wore a hat with red, white and blue ribbons, traveled from Devon to London to watch the procession.
“I think it’s extremely important to pay our respects and honor those who have died for us,” she said.

RIYADH: Saudi Aramco has increased its official selling price for crude oil destined for Asia in June, ending a two-month streak of price cuts, the company confirmed in an official statement on Sunday.

The state-owned oil giant raised the price of its benchmark Arab Light crude by $0.20, setting it at $1.40 per barrel above the average of Oman and Dubai crude prices.

The adjustment comes despite persistent downward pressure on global oil markets due to concerns over rising supply and a fragile demand outlook.

The move follows Saturday’s announcement from the OPEC+ alliance, which agreed to boost oil production for a second consecutive month. The group, which includes both OPEC members and key allies like Russia, plans to increase output by 411,000 barrels per day in June.

Market observers are now closely watching the outcome of the next OPEC+ meeting, scheduled for May 5, which will further clarify the group’s production strategy heading into summer.

Saudi Aramco prices its crude oil across five density-based grades: Super Light (greater than 40), Arab Extra Light (36-40), Arab Light (32-36), Arab Medium (29-32), and Arab Heavy (below 29).

The company’s monthly pricing decisions impact the cost of around 9 million barrels per day of crude exported to Asia and serve as a pricing benchmark for other major regional producers, including Iran, Kuwait, and Iraq.

In the North American market, Aramco set the May OSP for Arab Light at $3.40 per barrel above the Argus Sour Crude Index.

Aramco determines its OSPs based on market feedback from refiners and an evaluation of crude oil value changes over the past month, taking into account yields and product prices.