FirstFT: Markets tumble as oil soars past $110 a barrel
Also in today’s newsletter: German state election and Swiss regulation
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Also in today’s newsletter: German state election and Swiss regulation
American consumers will feel pain at the petrol pump, but US is a net energy exporter unlike its European allies
BMW and Rheinmetall push for joint purchasing of raw materials to reduce reliance on China
Significant reforms required to halt breakdown of rules-based order, says British government
Markets suggest the lran ramifications are likely to drag on and spread
Beijing’s export offensive could be more destabilising than Trump’s tariffs
The U.S. ordered non-emergency government staff to leave Saudi Arabia as the widening Iran war rattled markets and sent oil prices surging above $110 per barrel.
China's consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending.
Travelers are facing hourslong waits at some airport security lines amid TSA staffing shortages.
Brent futures spiked 16.1% to last trade at $107.61, while U.S. West Texas Intermediate crude futures rose almost 17.7% to $107.02
Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait of Hormuz
The SAVE America Act is all but certain to fail in the Senate, where Democrats will use the filibuster to sink it.