Oil jumps 4.3% as Iran steps up attacks on infrastructure
Strikes hit Abu Dhabi upstream oil and gas project and tanker off Fujairah port in Gulf of Oman
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Europe rules out joining Trump’s Hormuz armada
Also in this newsletter: The Iran war’s cost to combustion engine cars
Australia raises interest rates in big week for global central banks
Oil disruption deepens concern that price increases could hit economy
Blue Owl tipped UK mortgage lender into insolvency after uncovering ‘irregularities’
Founder of collapsed bridging loan specialist Century Capital is now trying to relaunch business