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[EN] Financial Times

The escalating Mideast conflict — in charts

Since the US and Israel struck Iran, thousands of missiles and drones have been launched across the region

FirstFT: Trump vows to do ‘whatever it takes’ in Iran

Also in today’s newsletter: Modi and Carney discuss trade deal, and Toyota bows to Elliott in $38bn buyout battle

Starmer has his ‘Love Actually’ moment and stands up to Trump

British premier, after carefully nurturing relations with the US president, makes clear they are at odds over the Iran war

Trump to drop battle against law firms over punitive executive orders

Administration to terminate appeals in four cases involving law firms that sued to block measures from taking effect

Video: who is running Iran after Ayatollah Ali Khamenei’s death?

FT explains what might come next after the killing of Iran’s supreme leader

Lebanon plunged back into war as Israel targets Iran-backed Hizbollah

Shia militant group strikes northern Israel for first time since 2024, triggering retaliatory offensive

Gas prices soar as Iranian attacks force shutdown of Qatari production

Saudi Arabia also closes an oil refinery after attack

UK private equity investor plots closure of up to 80 former WHSmith stores

Modella rebranded high street shops as TG Jones after buying them last year

Hedge funds rethink emerging market bets after US-Israel strikes on Iran

EM stocks and currencies come under pressure as US dollar jumps

France’s groundbreaking nuclear offer to Europe

Macron’s decision to extend the deterrent is a boost for the continent’s defence

AES’s private equity buyers pull off the self-leveraging buyout

Investors in the power and utility group might have expected more but it’s not clear they had a right to

France offers to deploy nuclear deterrent across Europe for first time

President Emmanuel Macron lays out doctrine of ‘forward deterrence’

Investors turn to gold, not bonds, as haven from war in Iran

Gold and the US dollar jump but government bonds fall amid fears of an inflation shock

Ghana’s ageing cocoa farmers are caught in a price trap

Small farms and low productivity mean their livelihoods did not improve even as markets hit a record high

Airlines’ healthy finances will be tested by Middle East conflict

Carriers have enjoyed strong demand and cheap fuel but escalating tensions threaten both

Starmer rebukes Trump, saying UK does not back ‘regime change from the skies’

Premier hits back at president’s comments that Britain ‘took too long’ to allow its bases to be used for Iran strikes

Inside the plan to kill Ali Khamenei

Israel spent years hacking Tehran’s traffic cameras and monitoring bodyguards ahead of the assassination of Iran’s supreme leader

Iran war is upending gas markets

The disruption to LNG flows has sparked concerns about supply to the key regional customers of Europe and Asia

Hormuz crisis is a wake-up call for complacent gas consumers

The world has already reckoned with its dependence on oil but retains other energy vulnerabilities

Nvidia-backed ‘open’ AI start-up courts investors at $20bn-plus valuation

Reflection AI’s new funding talks come as Trump administration seeks US rivals to China’s DeepSeek

‘Half of Dubai is booking’: expats drive to Oman and Saudi Arabia to find flights out

Charter operators vie to secure slots in Muscat as airports in UAE and Qatar remain constrained

Trump vows to do ‘whatever it takes’ in Iran as US sends more troops to Middle East

Oil settles more than 6% higher, while S&P 500 ends with slight gain as energy and defence groups advance

Elliott amassed £200mn exposure to collapsed mortgage provider MFS

Insolvency of UK property lender is the latest failure to raise questions about credit quality and diligence

‘Equity punks’ wiped out in BrewDog’s £33mn sale to cannabis company

Another 38 bars to close immediately with almost 500 jobs lost following Tilray Brands deal