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Iran’s top military command says Trump’s threats against its infrastructure are ‘delusional’

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Iran’s top military command says Trump’s threats against its infrastructure are ‘delusional’

Iran’s top military command said the US president’s “rude” and “baseless” threats do not make up for America’s “humiliation” in the region...

Financial Times

Iran’s top military command says Trump’s threats to bomb infrastructure are ‘delusional’

Iran’s top military command says Trump’s threats to bomb infrastructure are ‘delusional’

Iran’s top military command said the US president’s “rude” and “baseless” threats do not make up for America’s “humiliation” in the region...

Financial Times

Trump says US could destroy Iran ‘in one night’ as he demands opening of Hormuz

Trump says US could destroy Iran ‘in one night’ as he demands opening of Hormuz

President steps up threats to target civil infrastructure if Tehran does not agree deal by Tuesday night...

Financial Times

UK to host meeting on safe passage through the strait after war

UK to host meeting on safe passage through the strait after war

Conference comes after Donald Trump warns western allies they will have to secure the strategically important waterway...

Financial Times

Iran and US reject peace proposals ahead of Trump deadline

Iran and US reject peace proposals ahead of Trump deadline

Tehran threatened to respond ‘crushingly’ to US president’s ultimatum...

Financial Times

Israeli strikes shut down crucial Iranian petrochemical plants

Israeli strikes shut down crucial Iranian petrochemical plants

Vital industry sites and export revenue sources hit as Tehran threatens to respond ‘crushingly’ to Trump ultimatum...

Financial Times

Trump renews threat to ‘decimate’ Iran as Tuesday deadline looms

Trump renews threat to ‘decimate’ Iran as Tuesday deadline looms

US president says power plants and bridges will be attacked if Tehran does not open Strait of Hormuz...

Financial Times

Britain needs a plan to invest in defence

Britain needs a plan to invest in defence

Repeated delays are worrying partners and risk losing key technologies...

Financial Times

Why this oil shock is different

Governments and central banks are out of policy ammunition to contain the economic fallout...

Financial Times

Maga stands by Trump on Iran — for now

On the streets of small-town Georgia, the president’s base is backing the war as swing voters waver...

Financial Times

Let technology explore what the voters really want

Let technology explore what the voters really want

New insights into motivation and strength of feeling could help democracy work better...

Financial Times

Trump vows to destroy Iran’s power plants and bridges unless it reopens strait

Trump vows to destroy Iran’s power plants and bridges unless it reopens strait

As war enters sixth week, the price of Brent crude rises slightly above $110 a barrel...

Financial Times

Trump vows to destroy Iran’s power plants and bridges unless it reopens strait

As war enters sixth week, the price of Brent crude rises slightly above $111 a barrel in early trading...

Financial Times

Iran allows Iraqi ships through Hormuz strait

Iran allows Iraqi ships through Hormuz strait

Tehran’s decision could allow 3mn b/d of oil to be released to international markets...

Financial Times

$Is AI the new fracking?$

Is AI the new fracking?

The backlash against data centres chimes with energy Nimbyism of the past...

Financial Times

Trump vows to destroy Iran’s power plants and bridges unless it reopens strait

US special forces locate second missing crew member from F-15E shot down over Iran...

Financial Times

US rescues second fighter jet airman shot down over Iran

US rescues second fighter jet airman shot down over Iran

Trump warns Tehran ‘you’ll be living in hell’ unless the Strait of Hormuz is opened by Tuesday...

Financial Times

US rescues second fighter jet airman shot down over Iran

Trump hails recovery of weapons system officer who spent more than 24 hours on the ground...

Financial Times

US rescues second airman from fighter jet shot down in Iran

US rescues second airman from fighter jet shot down in Iran

Recovery follows combat search and rescue mission...

Financial Times

How we gave up on forgiveness

What was once seen as a virtue is now viewed as a moral weakness — leaving a society mired in toxicity...

Financial Times

Military briefing: How Iran keeps firing missiles under bombardment

Military briefing: How Iran keeps firing missiles under bombardment

Tehran is still launching retaliatory strikes on Israel and Gulf states...

Financial Times

Countries must not hoard fuel during Iran war, warns IEA

Countries must not hoard fuel during Iran war, warns IEA

Fatih Birol makes veiled reference to China as he urges nations to avoid export bans despite worsening supply shock...

Financial Times

Trump makes fresh Iran threat as search continues for missing US airman

Trump makes fresh Iran threat as search continues for missing US airman

US president threatens to rain ‘hell’ down if Strait of Hormuz does not reopen within 48 hours...

Financial Times

Trump threatens Iran with ‘hell’ as search continues for US airman

Trump threatens Iran with ‘hell’ as search continues for US airman

President says ‘time is running out’ to reopen Strait of Hormuz...

Financial Times

Trump makes fresh Iran threat as fighter jet crew member remains missing

Trump makes fresh Iran threat as fighter jet crew member remains missing

US president threatens to rain ‘hell’ down if Strait of Hormuz does not reopen within 48 hours...

Financial Times

The shadowy group claiming attacks around Europe

The shadowy group claiming attacks around Europe

Ashab al-Yamin, which uses Iran-linked Telegram channels, has taken responsibility for assaults on ambulances, a synagogue and banks...

Financial Times

US searches for crew member after fighter jet shot down over Iran

US searches for crew member after fighter jet shot down over Iran

One of the two personnel on the American F-15E aircraft has been rescued while a second warplane has been lost...

Financial Times

The shadowy group claiming attacks around Europe

Ashab al-Yamin, which uses Iran-linked Telegram channels, has taken responsibility for assaults on ambulances, a synagogue and banks...

Financial Times

Former CIA operative: regime change in Iran is much harder than the US thinks

Former CIA operative: regime change in Iran is much harder than the US thinks

Covert action can help topple a leader but it rarely builds legitimacy...

Financial Times

US fighter jet shot down over Iran

One of the two crew members on the American F-15E aircraft has been rescued while a second warplane has been lost...

Financial Times

US fighter jet shot down over Iran

Search under way for two crew members after US F-15E brought down...

Financial Times

US launches rescue operation after Iran shoots down fighter jet

US launches rescue operation after Iran shoots down fighter jet

Tehran offers reward for crew’s capture after Iranian media outlets publish pictures of debris...

Financial Times

US launches rescue operation for plane’s missing crew member

US launches rescue operation for plane’s missing crew member

Second aircraft lost near Strait of Hormuz after one of two aboard F-15 is rescued...

Financial Times

Iran claims to have shot down fighter jet after targeting Gulf energy sites

Iran claims to have shot down fighter jet after targeting Gulf energy sites

Donald Trump says US could ‘easily’ open Strait of Hormuz after renewing threat to attack Iranian infrastructure...

Financial Times

Former Iran foreign minister floats plan for peace with US

Former Iran foreign minister floats plan for peace with US

Mohammad Javad Zarif is first prominent regime figure to put forward detailed suggestions on what Tehran could accept...

Financial Times

Gulf energy sites targeted as Iran claims to have shot down fighter jet

Gulf energy sites targeted as Iran claims to have shot down fighter jet

Donald Trump says US could ‘easily’ open Strait of Hormuz after renewing threat to attack Iranian infrastructure...

Financial Times

Gulf energy sites targeted in wave of attacks

Gulf energy sites targeted in wave of attacks

Donald Trump says US could “easily” open Strait of Hormuz after renewing threat to attack Iranian infrastructure...

Financial Times

French-owned container ship and three Omani tankers pass through Strait of Hormuz

French-owned container ship and three Omani tankers pass through Strait of Hormuz

CMA CGM vessel is first owned by major western shipping line to make safe passage since Iran war began...

Financial Times

French-owned container ship braves passage through Strait of Hormuz

French-owned container ship braves passage through Strait of Hormuz

CMA CGM Kribi is first ship owned by major western line known to have transited since start of war...

Financial Times

Europe must prepare for ‘long-lasting’ energy shock, EU warns

Europe must prepare for ‘long-lasting’ energy shock, EU warns

Energy commissioner says bloc is assessing ‘all possibilities’ including fuel rationing and releasing more oil from strategic reserves...

Financial Times

UK motorists face £2 a litre diesel as Iran war drives wholesale prices to 4-year high

UK motorists face £2 a litre diesel as Iran war drives wholesale prices to 4-year high

Scarce cargoes have boosted European diesel futures to equivalent of $211 a barrel, almost double the price of crude oil...

Financial Times

UK motorists to face £2 a litre diesel within days

UK motorists to face £2 a litre diesel within days

Scarce cargoes have boosted European diesel futures to equivalent of $211 a barrel, almost double the price of crude oil...

Financial Times

Oil cargo prices surge as fears of supply shortage grip market

Oil cargo prices surge as fears of supply shortage grip market

Address by Trump signalling possible escalation of Iran conflict raises prospect of prolonged closure of Strait of Hormuz...

Financial Times

Trump fires US attorney-general Pam Bondi

Trump fires US attorney-general Pam Bondi

President’s move comes after pressure over her handling of files related to Jeffrey Epstein...

Financial Times

The case for Trump’s tariffs looks strong a year on from ‘liberation day’

The case for Trump’s tariffs looks strong a year on from ‘liberation day’

Economists’ lurid forecasts of disaster have not been realised...

Financial Times

Oil jumps after Donald Trump’s remarks dash hopes of end to war

Oil jumps after Donald Trump’s remarks dash hopes of end to war

US president’s threat to hit Iran ‘extremely hard’ revives fears of longer disruption to Strait of Hormuz...

Financial Times

Blue Owl struck by $5.4bn of redemption requests

Blue Owl struck by $5.4bn of redemption requests

Private credit firm caps withdrawals after investors attempted to pull more than 40% from one fund...

Financial Times

Vulture funds circle private equity

Distressed-debt funds see a potential bonanza in the downturn in private credit...

Financial Times

World’s top energy traders wrongfooted in early days of Iran war

World’s top energy traders wrongfooted in early days of Iran war

Oil traders that normally thrive on volatility caught out by scale of crisis as energy shock unfurled...

Financial Times

Trump threatens to hit Iran ‘extremely hard’ in coming weeks

Trump threatens to hit Iran ‘extremely hard’ in coming weeks

Primetime TV address signals escalation rather than a swift peace deal...

Financial Times

US Treasury calls in regulators for talks on private credit risks

US Treasury calls in regulators for talks on private credit risks

Discussions will include American and international insurance watchdogs...

Financial Times

Donald Trump addresses nation on Iran war

Donald Trump addresses nation on Iran war

President’s speech comes five weeks into a conflict that has roiled global markets...

Financial Times

Donald Trump offers mixed messages on war in Iran

Donald Trump offers mixed messages on war in Iran

President says conflict is ‘nearing completion’ but also threatens to hit additional targets...

Financial Times

Oil jumps 5% as Trump speech revives anxiety about Iran conflict

Oil jumps 5% as Trump speech revives anxiety about Iran conflict

President says conflict is ‘nearing completion’ but also threatens sweeping new round of strikes...

Financial Times

Oil jumps 7% as Trump speech revives anxiety about Iran conflict

Oil jumps 7% as Trump speech revives anxiety about Iran conflict

President says conflict is ‘nearing completion’ but also threatens sweeping new round of strikes...

Financial Times

Oil jumps as Donald Trump vows to hit Iran ‘extremely hard’

Oil jumps as Donald Trump vows to hit Iran ‘extremely hard’

President says conflict is ‘nearing completion’ but also threatens sweeping new round of strikes...

Financial Times

Oil jumps as Trump fails to reassure traders Iran war will end soon

Oil jumps as Trump fails to reassure traders Iran war will end soon

President says conflict is ‘nearing completion’ but also threatens sweeping new round of strikes...

Financial Times

Trump prepares to address nation after claiming Iran wants a ceasefire

Trump prepares to address nation after claiming Iran wants a ceasefire

US president says he would not consider pausing his attack unless Strait of Hormuz is reopened...

Financial Times

US and Iran spar on status of talks ahead of Trump address

US and Iran spar on status of talks ahead of Trump address

US president says he would not consider a ceasefire unless Strait of Hormuz is reopened...

Financial Times

Saudi Arabia bridles at Trump’s way of waging war

Saudi Arabia bridles at Trump’s way of waging war

Nearly five weeks after US and Israel attacked Iran, Washington’s Gulf ally frets about the damage...

Financial Times

Trump threatened to stop weapons for Ukraine unless Europe joined Hormuz coalition

Trump threatened to stop weapons for Ukraine unless Europe joined Hormuz coalition

Nato’s top official urged key alliance members to offer help to US to reopen key waterway...

Financial Times

Shutting Hormuz is a template for China in Taiwan

Shutting Hormuz is a template for China in Taiwan

Beijing will seek to replicate Tehran’s playbook in the Taiwan Strait — and the global economic impact could be even worse...

Financial Times

Trump learns that not everyone has a price

Trump learns that not everyone has a price

The great cynic did not expect Iran to fight out of conviction...

Financial Times

Trump says Iran has asked US for ceasefire

Trump says Iran has asked US for ceasefire

US president says he would not consider the move unless Strait of Hormuz is reopened...

Financial Times

US and Iran spar on status of talks ahead of Trump address

US president says he would not consider a ceasefire unless Strait of Hormuz is reopened...

Financial Times

‘Pump anxiety’ from soaring fuel prices prompts surge in EV interest

‘Pump anxiety’ from soaring fuel prices prompts surge in EV interest

Increased costs since outbreak of Middle East conflict prompt more test drives and advert views...

Financial Times

Pete Hegseth’s broker looked to buy defence fund before Iran attack

Pete Hegseth’s broker looked to buy defence fund before Iran attack

Morgan Stanley wealth manager approached BlackRock about multimillion-dollar investment for US defence secretary...

Financial Times

Oil jumps above $115 after drone strike on Kuwaiti tanker

Oil jumps above $115 after drone strike on Kuwaiti tanker

Stocks in Japan and South Korea slide as authorities in Dubai say they are extinguishing a fire on the vessel...

Financial Times

US petrol prices hit $4 a gallon for first time since 2022

US petrol prices hit $4 a gallon for first time since 2022

A Kuwaiti oil tanker was hit off Dubai as Iran launched more strikes across the Gulf...

Financial Times

Pete Hegseth’s broker looked to buy defence fund before Iran attack

Morgan Stanley wealth manager approached BlackRock about multimillion-dollar investment on behalf of US defence secretary...

Financial Times

Trump could ask Gulf states to contribute to cost of war, says White House

Trump could ask Gulf states to contribute to cost of war, says White House

Washington’s regional allies are bearing brunt of retaliatory attacks by Iran...

Financial Times

Trump could ask Gulf states to contribute to war costs, says White House

Trump could ask Gulf states to contribute to war costs, says White House

Washington’s regional allies are bearing brunt of retaliatory attacks by Iran...

Financial Times

Qatar-backed US LNG plant starts production as Iran war hits global supply

Qatar-backed US LNG plant starts production as Iran war hits global supply

Golden Pass plant owned by QatarEnergy and ExxonMobil may help replace shortages hit by Hormuz crisis...

Financial Times

Iranian strike on Kuwaiti power and water plant stokes infrastructure fears

Iranian strike on Kuwaiti power and water plant stokes infrastructure fears

Attack at electricity and desalination facility marks latest escalation in Gulf war launched by US and Israel...

Financial Times

TotalEnergies made bumper profit on Middle East oil bet

TotalEnergies made bumper profit on Middle East oil bet

In March, French group bought every available cargo of crude produced in UAE and Oman for loading in May...

Financial Times

Oil hits $116 as Trump hails Iran deal prospects

Oil hits $116 as Trump hails Iran deal prospects

European and US stock markets poised to open lower as Asian equities decline...

Financial Times

Oil price rises past $116 as Iran conflict worsens

Oil price rises past $116 as Iran conflict worsens

Prices for Brent crude rise 3 per cent during early trading in Asia...

Financial Times

Oil rises above $116 as Trump stokes fears of protracted conflict

Oil rises above $116 as Trump stokes fears of protracted conflict

Traders weigh signs of escalating conflict as more US troops arrive in region and Yemen enters war...

Financial Times

Oil rises close to $115 as Trump stokes fears of protracted conflict

Oil rises close to $115 as Trump stokes fears of protracted conflict

European and US stock markets poised to open lower as Asian equities decline...

Financial Times

Oil rises to $116 as Trump stokes fears of protracted conflict

Oil rises to $116 as Trump stokes fears of protracted conflict

Traders weigh signs of escalating conflict as more US troops arrive in region and Yemen enters war...

Financial Times

Trump hails ‘progress’ on Iran deal but threatens huge infrastructure attack

Trump hails ‘progress’ on Iran deal but threatens huge infrastructure attack

President warns of hits on oil wells, Kharg Island and desalination plants unless agreement reached ‘shortly’...

Financial Times

Donald Trump says US could ‘take the oil in Iran’

Donald Trump says US could ‘take the oil in Iran’

US president tells the FT he is considering seizing strategic Kharg Island even as negotiations continue...

Financial Times

Trump says US could ‘take the oil in Iran’

Trump says US could ‘take the oil in Iran’

US president tells the FT he is considering seizing strategic Kharg Island even as negotiations continue...

Financial Times

Oil price rises past $115 as Iran conflict worsens

Oil price rises past $115 as Iran conflict worsens

Prices for Brent crude rose 2.9 per cent during early trading in Asia...

Financial Times

Distressed-debt funds target private credit downturn as ‘greatest opportunity’ since 2008

Distressed-debt funds target private credit downturn as ‘greatest opportunity’ since 2008

Investors anticipate money-making bonanza as sector comes under strain...

Financial Times

US-Israeli war against Iran escalates as talks prove fruitless

US-Israeli war against Iran escalates as talks prove fruitless

Top Iranian war leader accuses US of using diplomatic efforts as cover for ground operations...

Financial Times

Netanyahu expands Israel’s invasion of Lebanon

Netanyahu expands Israel’s invasion of Lebanon

Yemen’s Houthis claimed they had launched a second attack on Israel...

Financial Times

$270mn American E-3 Sentry military plane damaged in Iranian attack

$270mn American E-3 Sentry military plane damaged in Iranian attack

Tehran accuses Washington of seeking talks while secretly preparing to invade...

Financial Times

$270mn American E-3 Sentry warplane damaged in Iranian attack

$270mn American E-3 Sentry warplane damaged in Iranian attack

Tehran accuses Washington of seeking talks while secretly preparing to invade...

Financial Times

The Iran war will cement China’s superpower status

The Iran war will cement China’s superpower status

Beijing’s industrial prowess positions it for economic and diplomatic gains...

Financial Times

Iran accuses US of seeking talks while preparing to invade

Iran accuses US of seeking talks while preparing to invade

TKTK Yemen’s Houthi rebels carry out their first attack on Israel since the war began...

Financial Times

The hunger for ‘content’ is keeping us culturally stuck

The hunger for ‘content’ is keeping us culturally stuck

The algorithms of the distraction economy are feeding us what we already like, creating a loop with no progress...

Financial Times

The last bridge left to ancient Tyre

Evacuation orders and strikes turn once-vibrant Lebanese beach town into a refuge for holdouts and displaced...

Financial Times

Iran activates its ‘resistance economy’ to survive the war

Iran activates its ‘resistance economy’ to survive the war

Islamic republic has spent years building a model designed to withstand hostility even as it presides over a deepening economic malaise...

Financial Times

UK risks losing defence tech start-ups to relocation amid funding delays

UK risks losing defence tech start-ups to relocation amid funding delays

Slow progress on government contracts prompts some groups to consider moving abroad...

Financial Times

How long can Iran keep firing missiles?

Five analysts assess Tehran’s capacity to sustain barrages against Israel and Gulf states...

Financial Times

Houthi missile attack signals ‘serious’ escalation in Iran war

Houthi missile attack signals ‘serious’ escalation in Iran war

Rebels’ participation puts vital maritime routes at greater risk...

Financial Times

The decapitation dilemma

Long regarded as dishonourable or counterproductive, the idea of targeting enemy leaders is becoming normalised. What do we lose along with the taboo?...

Financial Times

Revolut profits surge to record £1.7bn

UK fintech benefited from growing market share and fees from card payments...

Financial Times

Revolut profits surge to record as it wins market share

Revolut profits surge to record as it wins market share

Results latest sign of UK fintech’s improving fortunes after clinching full UK banking licence...

Financial Times

Japan’s SMFG explores possible takeover of Jefferies

Japan’s SMFG explores possible takeover of Jefferies

Sumitomo Mitsui’s banking unit holds minority stake in US investment bank...

Financial Times

Apollo agrees biggest Japan deal in $3.7bn rescue of glassmaker NSG

Apollo agrees biggest Japan deal in $3.7bn rescue of glassmaker NSG

Japanese manufacturer has struggled since swooping for UK rival Pilkington two decades ago...

Financial Times

Iran contradicts Trump and says no direct talks to end war

Iran contradicts Trump and says no direct talks to end war

US president postpones possible attacks on Iranian energy infrastructure after hailing ‘productive’ talks with Tehran...

Financial Times

Iran launches missiles at Israel and Gulf states

Iran launches missiles at Israel and Gulf states

Oil climbs back above $100 despite signs of a diplomatic push to end the war...

Financial Times

Iran launches missiles at Israel as Lebanon pounded

Iran launches missiles at Israel as Lebanon pounded

Oil climbs back above $100 despite signs of a diplomatic push to end the war...

Financial Times

Trump plays up prospect of diplomatic end to Iran war

Trump plays up prospect of diplomatic end to Iran war

US president soothes markets but doubts on strategy and Tehran’s position persist...

Financial Times

Stocks tumble as Trump and Iran threaten retaliation

Stocks tumble as Trump and Iran threaten retaliation

Oil prices dip as Washington and Tehran trade barbs over Strait of Hormuz reopening...

Financial Times

Iran threatens retaliation in response to Trump ultimatum

Iran threatens retaliation in response to Trump ultimatum

Oil prices dip in Asia despite threat of escalation as Washington and Tehran warn of tit-for-tat attacks...

Financial Times

Starmer adviser calls for temporary UK energy profit cap

Starmer adviser calls for temporary UK energy profit cap

Supermarket executive chair proposes move to limit earnings during exceptional market conditions...

Financial Times