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UK to host meeting on safe passage through Strait of Hormuz after …
Conference comes after Donald Trump warns western allies they will have to secure the strategically important waterway
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
The UK is turning the energy crisis into a political mess
Castigating companies for ‘profiteering’ is nonsensical and unhelpful rhetoric
How Europe made Viktor Orbán
Hungary’s illiberal champion has benefited from the misjudgments and complacency of other leaders
Ukraine’s drones dent Russia’s war-fuelled oil windfall
Moscow’s disrupted energy exports add pressure to markets already reeling from Iran conflict
When will Americans take the blame?
US war of choice in Iran risks turning Americans into global pariahs
Neurocrine bets nearly $3bn on deal for insatiable hunger treatment
Soleno Therapeutics makes first commercialised drug for extreme hunger caused by Prader-Willi syndrome
Saudi Arabia charges record premium for its oil
World’s biggest crude exporter to ask Asian customers for around $20 a barrel on top of benchmark prices
Britain needs a plan to invest in defence
Repeated delays are worrying partners and risk losing key technologies
Sales of used EVs surge in US as petrol prices pass $4 …
Americans are buying second-hand electric vehicles even as the market for new vehicles slumps
FirstFT: US to unleash ‘hell’ if Iran doesn’t reopen Strait of Hormuz
Also in today’s newsletter: Private equity buyouts slump and Cuba’s solar tech lifeline
A food and drink guide to Ojai, California
In this valley oasis, Marina O’Loughlin finds the food superb, the bedtimes early and the locals determined to keep it that way
US employment: more sludge
Plus, guns and butter redux
Trump vows to destroy Iran’s power plants and bridges unless it reopens …
As war enters sixth week, the price of Brent crude rises slightly above $110 a barrel
Have markets already tightened the screw enough?
March’s hawkish communications in Europe have had the effect of tightening monetary policy
Jones steps back from Downing St role as Romeo’s influence grows
Chief secretary to prime minister is less central to Starmer’s Number 10 operation after arrival of new head of civil service
Bank of England divided over how to tackle energy-induced inflation
After a rare unanimous vote to hold interest rates in March, conflicting approaches are likely at this month’s MPC meeting
Chinese micro-dramas target US with familiar tropes for phone audience
Love and fantasy stories dominate a wildly popular genre in China that is trying to adapt to western tastes
Let technology explore what the voters really want
New insights into motivation and strength of feeling could help democracy work better
China and Europe launch rare joint space mission
Solar-focused project seeks to understand geomagnetic storms that can disrupt terrestrial communications
World’s biggest battery maker takes ambitions to the high seas
China’s CATL wants to electrify global shipping fleets but hurdles remain to large-scale adoption
Orbán’s day of reckoning approaches
Plus, Trump’s Strait of Hormuz deadline nears, NHS doctors set to strike and Taiwan opposition leader visits China
Iran allows Iraqi ships through Hormuz strait
Tehran’s decision could allow 3mn b/d of oil to be released to international markets
Is AI the new fracking?
The backlash against data centres chimes with energy Nimbyism of the past
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