From Financial Times
US shale bosses warn they cannot replace war-hit Middle East oil
New production from Texas will take months as drillers use windfall from price rise to pay investors
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Israel launches ‘extensive strikes’ on Iran
Donald Trump said the US military could begin escorting oil and gas tankers transiting the Gulf ‘if necessary’
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FirstFT: Trump says US Navy could escort oil tankers in Gulf
Also in today’s newsletter: China prepares law curtailing minority language rights, and Pakistan urges Iran not to attack Saudi Arabia
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Stocks and bonds stabilise as Middle East war widens
Oil briefly hit $85 a barrel as Iraqi production shuts down because so few tankers risk journey through Strait of Hormuz
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Energy prices up, markets down
What will the war in Iran mean for markets?
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Capital Group’s weird passive bravado
Triggered
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Loveholidays poised to delay £1bn London IPO after Gulf travel chaos
Online travel agent was tipped to be the London Stock Exchange’s first significant listing of 2026
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US petrol prices surge as Trump’s Iran war triggers inflation worries
Costs at the pump exceed level at the end of the Biden administration
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Iran conflict day 4 as it happened: Trump says US Navy prepared to escort oil tankers in Gulf, Iraq’s crude production on the cusp of collapse
President promises to provide insurance for vessels transiting the region as Iran conflict disrupts energy flows
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EU urges Ukraine to allow access to pipeline carrying Russian oil
Kyiv says evidence shows Druzhba pipeline is too damaged to restart supplies after attack by Moscow in January
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Why has oil not hit $100 a barrel?
Crude has surged as flows through Strait of Hormuz dry up, but so far reaction is muted compared with past oil shocks
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Money laundering controls in professional services ‘perform poorly’, says UK watchdog
New AI assessment systems fail to identify risks, warns Financial Conduct Authority
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