Oil price falls back as flow of crude through Strait of Hormuz unaffected

Oil price falls back as flow of crude through Strait of Hormuz unaffected

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oil markets have shrugged off Israel’s threat to topple the Iranian regime, with crude exports from the Middle East so far unaffected by the escalating conflict. Financial Times analysis of ship-tracking data shows there has…

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How the Israel-Iran war may develop

How the Israel-Iran war may develop

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wars are unpredictable. Even the Israelis and the Iranians cannot know how their current conflict will end. There are, however, a number of analogies to consider. The first is the six day war of 1967.…

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Iran’s regime fights for survival

Iran’s regime fights for survival

After Iran’s newly established Islamic leadership was dragged into war by Iraqi dictator Saddam Hussein in 1980, it fought, in the words of a top commander, with “empty hands”. For the republic’s young, ideologically driven leaders, determined to export their vision of Islamic radicalism, it was a brutal reckoning: Iran’s conventional army was in disarray…

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Families of British Air India crash victims ‘feel utterly abandoned’ and hit out at government

Families of British Air India crash victims ‘feel utterly abandoned’ and hit out at government

The families of three of the British victims of last week’s Air India crash in Ahmedabad have criticised the UK government’s response to the disaster, saying they “feel utterly abandoned”. It comes after an Air India Dreamliner crashed shortly after take-off from Ahmedabad airport in western India, killing 229 passengers and 12 crew. One person…

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Why is the oil price not surging?

Why is the oil price not surging?

This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Israel’s attack on Iranian nuclear facilities has escalated to back-and-forth missile volleys that continue as we write. Much is at…

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JPMorgan’s European chief to run business from New York

JPMorgan’s European chief to run business from New York

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. JPMorgan’s European chief is planning to relocate from London to New York, while keeping his role running the bank’s Europe, Middle East and Africa business. Filippo Gori, who is also JPMorgan’s co-head of global banking,…

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Israel-Iran latest: Israeli air force attacks Iranian missile sites

Israel-Iran latest: Israeli air force attacks Iranian missile sites

The Israel Defense Forces said the air force had launched strikes against missile sites in central Iran, as the Middle East conflict entered a fourth day. The IDF also said in a social media post that it had completed a “widescale wave” of attacks on Sunday on infrastructure belonging to Iran’s Revolutionary Guard, its specialised…

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Rachel Reeves to set out 10-year UK infrastructure plan

Rachel Reeves to set out 10-year UK infrastructure plan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves will this week announce what she claims will be a £725bn ten-year infrastructure plan for Britain, starting with a new programme to repair crumbling bridges, flyovers and tunnels. Allies of the chancellor say…

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