US oil groups in line for $63bn windfall from Gulf disruption
American producers stand to be among biggest beneficiaries if crude prices average $100 a barrel this year
Trump puts Japan’s Takaichi under pressure with call to send warships
US president’s request to deploy navy to the Strait of Hormuz comes as Japanese leader prepares to visit White House
Trump seeks help from China and UK to reopen Strait of Hormuz
London has declined to deploy an aircraft carrier to the Gulf
Where are the Houthis?
Yemeni militant group is noticeably absent from Iran’s war with the US and Israel
Why has Trump left Iran’s nuclear stockpile untouched?
US administration appears to have no plan to retrieve the enriched uranium after two weeks of military action
Higher oil prices are just a short-term worry
Long-term inflation expectations are staying steady
Can Major League Baseball sustain its global momentum?
Also in today’s newsletter: the winners from Apollo’s takeover of Atlético Madrid
Transcript: The economic fallout of the Iran war
Marc Filippino talks to Myles McCormick and Sam Fleming
Iran war risks global food shock as fertiliser supplies cut
Growing number of fertiliser plants forced to shut, threatening rice and other harvests
UK government grilled over Vistry finances
Shadow housing minister raised questions over critical partner in housebuilding scheme
Sovereign AI is a bet on the economies of anti-scale
Deglobalisation is expensive for individual countries, but a windfall for their suppliers
Mobile internet blackouts hit Moscow as Kremlin tightens control
Outages mark new phase in government campaign against internet freedom
Why Iran could become the next Iraq
The first Gulf war left a weakened regime in place without a political settlement — paving the way for future conflict
Are markets being too complacent about the Iran war?
Sometimes crises do not blow over as investors might hope
House & Home super-prime property special 2026
A look at the world’s most expensive homes, from Paris super-pads to what makes a $200mn listing. We survey the most desired decor and services — from glossy wine storage to supercharged security to invisible longevity tech — and dive into the mansions that have had their interiors utterly reimagine
The slow death of the English boarding school
Times, taxes and ideas about parenting are changing
Donald Trump, globalist
It should not have taken the Iran war to finish the idea that he is ‘isolationist’
The Noma affair will leave a very nasty taste in the mouth
High-end restaurants as a force for moral good was an idea long lacking in self-awareness
Pinterest’s mood board should include a potential sale
Many of its users may gather ideas on the platform but shop somewhere else
‘The final battle’: Iran’s information war
State media has used accounts of military triumph, pro-regime cartoons as well as threats to contain domestic dissent
UK ‘home bias’ drives surge in Isa millionaires, say investment platforms
UK companies such as Lloyds, Shell and Rolls-Royce featured heavily in Isa portfolios whose value topped £1mn last year
AI is dressing up greed as progress on creative rights
The problem is not that the law is unfit for the 21st century but that it is being flouted
Uncovering Baroque’s leading lady
Painter Michaelina Wautier was forgotten and misattributed for centuries. Then one woman began piecing together the fragments
How to photograph a nuclear disaster
Fifteen years on from the Fukushima catastrophe in Japan, what can the work of diverse photographers reveal about the region and its residents?