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EU ministers to discuss possible naval options for Strait of Hormuz

Meeting follows President Trump’s plea for help to reopen the shipping lane

Plus, Nvidia talks AI chips, Rachel Reeves makes a pitch for closer EU ties and Japan’s prime minister heads to Washington

Foreign minister S Jaishankar tells FT diplomacy ‘is yielding results’ as Trump touts sending warships

Couple accused of using their positions at now-defunct Swiss bank MBaer to ‘further payments’ relating to corruption

London officials say move would require ‘very big’ offer from Brussels as Rachel Reeves seeks closer ties

Pay enough, and you can jump to the front of the queue for almost anything

Intervention will be targeted at people using heating oil as ministers commit to preventing wider summer price surge

War against Iran does not seem to have undergone the normal stress-testing

Push by Ed Davey to win over ‘soft’ Tories comes as discontent grows inside party trailing in polls

This series covers Hungarian PM Viktor Orbán and his Russia-backed campaign for re-election amid fraud and corruption allegations

Hungary’s longtime leader is trailing in the polls ahead of April’s election, as the opposition alleges widespread corruption

Sweating the UK’s natural gas assets can support the country’s green transition

Market Questions is the FT’s guide to the week ahead

Mexican government fears Trump will seek big changes to the agreement he struck with the countries in his first term

Ukrainian president asks if countries ‘collectively decided’ to restart flows from Russia

Closed-door events set to challenge beliefs of American Pope Leo, who has warned about risks of artificial intelligence

Municipal elections will set the scene for next year’s presidential race as the far right looks to gain ground

Reform UK plans high-energy and high-spending campaign in run-up to voting on May 7

US president no longer focused on pressuring Vladimir Putin, European officials say

US navy appears ill-prepared for potential use of relatively cheap and plentiful weapon in narrow Strait of Hormuz

Pyongyang’s operatives deploy chatbots to undertake tasks, often in multiple roles

Conflict with Iran will leave deeper and more lasting scars than last year’s tariffs crisis

Being deemed close to the boss lets you get away with murder — until it doesn’t

Some of the outrage appears disingenuous but the actor is wrong in his dismissal of opera and ballet