Middle East war live: Oil prices edge higher as equities open steady
Traders bet continued shutdown of Strait of Hormuz will constrict global supplies
Economic news
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MPs and peers call for major review of UK financial regulation
Report warns of ‘systemic flaws’ but consumer groups dismiss ‘rehash’ findings
Trump warns Nato faces ‘very bad future’ if allies fail to help US in Iran
US president tells the FT in an interview that China summit could be delayed
FirstFT: India touts diplomacy with Iran to open Strait of Hormuz
Also in today’s newsletter: North Korea’s ‘fake workers’, and Zelenskyy challenges Europe over Russian oil imports
Iran war should prompt a North Sea rethink
Sweating the UK’s natural gas assets can support the country’s green transition
Zelenskyy challenges Europe over Russian oil imports
Ukrainian president asks if countries ‘collectively decided’ to restart flows from Russia