US launches further strikes on Iran as conflict flares up
Escalation pushes oil prices higher and sends Treasury yields to day’s highs as investors fret over new bout of inflation
Economic news
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Governments should heed the bond market’s warning
Financial repression is not a sustainable way to manage rising borrowing costs
IMF agrees $2.2bn bailout for Senegal
West African nation will seek to restructure its external debts after last year’s revelations of extensive misreported borrowing
Saudi and South Korean oil tankers hit in Strait of Hormuz
The increase in shipping attacks comes after a period of relative calm in the war
Why Andy Burnham should say: Jackdaw yes, Rosebank no
Despite the UK’s best efforts, its energy system will require natural gas for decades to come