News and events

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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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