‘We’re powerless … and hoping nothing hits us’: trapped on a tanker as Iran war escalates

Seafarer tells of explosions in the sky as thousands stuck on vessels after strait of Hormuz is effectively closed to shipping

Stock market falls resume as US-Israel war with Iran drives up oil and gas prices

FTSE 100 and France’s CAC down 1.5%; Germany’s DAX and Italy’s FTSE MIB down 1.6%; the Dow Jones was down 2%

Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia

Reports of attack on US registered tanker in Gulf lifts crude by 3% to $84 a barrel as gas price also starts to climb

European stock markets rally after report of ‘secret outreach’ by Iran to try to end war

UK’s FTSE 100 up by more than 50 points, while pan-European Stoxx 600 share index rises 1.2%

Stock markets slump amid Iran war as gas prices jump 30% to three-year high

FTSE 100 on track for its worst day in 11 months, while Japan’s Nikkei and South Korea’s Kospi also fall

A gas shock – not an oil shock – from the Iran war looks more threatening

Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging

Gas prices soar and oil jumps as Iran war pushes down global stock markets

QatarEnergy says it has halted production of liquefied natural gas after attacks on Ras Laffan and Mesaieed sites

Middle East crisis pushes up oil prices – and could drive inflation rises too

Effects of extended conflict between US and Iran could also lead to higher interest rates and hit economic growth

Oil price expected to surge after Iran strikes and strait of Hormuz closure

Markets around the world could tumble on Monday and motorists are likely to pay more at the pump

Keen bosses, strange mistakes and a looming threat: workers on training AI to do their jobs

Some say the technology is devaluing their work, while others reckon it is not yet – and might never be – good enough to replace them entirely

Wednesday briefing: Is the tide turning against Trump on tariffs?

In today’s newsletter: With the latest supreme court ruling exposing the president’s tariff plans as unlawful, US politicians and the American people have found them to be unworkable. Where does Trump go from here?

Donald Trump’s new 10% global tariff comes into effect

US president had said he would raise levy to 15% after last week’s supreme court ruling

‘A feedback loop with no brake’: how an AI doomsday report shook US markets

Shares in Uber, Mastercard and American Express fall on back of apocalypse scenario posted on Substack

Trump tariffs: what ‘powerful’ trade weapons are at the US president’s disposal?

A 10% levy has been put in place, but the US leader has other economic ‘bazookas’ he can fire in his trade battle