Oil surges over $100 as Mojtaba Khamenei calls for strait to ‘remain closed’
Iranian supreme leader’s written statement is first public comment since succeeding his father
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‘Sitting ducks’: Oil tankers trapped in Gulf as Iran widens attacks on shipping
Tanker operators face growing risks whether they stay or flee through Strait of Hormuz
Trump’s Iran war tests US voters’ patience as petrol prices rise
Americans hold president responsible for spiralling costs at the fuel pump
Senior loans, like airport lounges, are losing their elite status
First-lien is not so special any more due to changes in leveraged finance markets
Trump’s foreign policy will only push China and Russia closer together
Beijing and Moscow look to one another for energy and economic security amid geopolitical turbulence
How soaring petrol prices are testing US voters’ patience
Also in today’s newsletter, investors trim bets on number of interest rate cuts this year