Oil climbs as Iran steps up attacks across Gulf
Strikes come as Israel says it killed Iran’s top security official
Economic news
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BNP bets European private credit boom can defy US downturn
Asset management chief points to continent’s financing needs and more stringent regulation to protect from mis-selling
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
Europe rules out joining Trump’s Hormuz armada
Also in this newsletter: The Iran war’s cost to combustion engine cars