Airline expects to offset costs by raising fares, cutting flights and bringing forward restructuring measures
US president has “paused” military mission to guide commercial ships through the vital waterway
US and Iranian forces clashed in the strait during the brief mission to help commercial vessels through the waterway
Far-right Israeli government uses bureaucracy to cement takeover of Palestinian land
Volatility is more damaging than higher prices and will cause merchandise flows to drop, according to Global Trade Alert
US president says there has been ‘great progress’ on a deal with Iran
Also in today’s newsletter, how America’s small businesses are being left out of the Trump tariff refunds
The only way to overcome this scourge is to see it for what it is: racism
Executives warn that a prolonged energy shock would increase pressure to pass on costs to customers
Dispute between UK chancellor and US Treasury secretary underscores allies’ diverging stances on the conflict
Also in this newsletter, car sales at record highs
Oil jumps to $115 and Treasuries sell off as Tehran targets UAE and US hits Iranian fast boats
The longer the Strait of Hormuz blockade continues, the more likely a crisis-like adjustment in rich economies becomes
Oil jumps to $114 as tensions flare up in Middle East
President says ‘humanitarian’ effort to begin on Monday as ‘very positive discussions’ continue with Iran
With the Strait of Hormuz choked off, Riyadh focuses on Red Sea infrastructure
The conflict is now in its 10th week with little prospect of a rapid end
Market Questions is the FT’s guide to the week ahead
Renewables funds attract biggest flows for 5 years, as focus shifts from climate change to geopolitical crisis
Donald Trump retaliates against Friedrich Merz over chancellor’s criticism of US-Israeli war effort
Move to shore up regional partners during Iran war comes as US warns Europe of delays to weapons shipments
The veteran senator is one of the most hawkish Republicans with influence over the US president
Deferred deliveries could include those used in Ukraine’s defence against Russia
Conflict has crushed Gulf markets and pushed up air freight and shipping costs
Even amid a supply shock, tech stocks continue to drive indices higher. Is the optimism justified?
