<description>&lt;p&gt;The price of oil fell sharply, and we’ll take a look at why the US and Israel are avoiding an attack on Iran’s Kharg Island. Plus, the FT’s George Hammond explains what the tenuous relationship between the Pentagon and Anthropic might mean for the AI start-up.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/bc3179f5-5591-489e-8ff3-179c4d1242b1?accessToken=zwAAAZ1uhzlPktO8MXn1VZFIntOP8xecTRJCsc9W3TOcUepBsNOYOv4TwNWrVAE.MEUCIFUqriG4luRqDEq5SjEVeUmviNvVnFZ8mLhn7m6WCp-rAiEAozKluZKHGMYlefTM7JFay_kLfy8b0IXTZfXSIXpoCSE&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;G7 ‘stands ready’ to release emergency oil reserves&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/af404e0a-7abc-49bc-9584-cd4690152f86?accessToken=zwAAAZ1uLrf8k9ObCEV-ZolPLdOJZ4FsGE5P4s8TVcIDQ7FNIdONx960-OditdOvQE4KerxJvNOVhM1GkBUvhgE.MEQCIAEK-eXRyVbToxvbAdO0-QciygNaCM12ZN0rR8RLntz7AiAAv8OONnUxI3JdA9HMbiWL4un5u9rfnRTB_XOMrCvhoQ&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Anthropic sues the Pentagon over being declared a ‘supply chain risk’&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="http://af404e0a-7abc-49bc-9584-cd4690152f86" rel="noopener noreferrer" target="_blank"&gt;Gilt market slump deepens as traders bet on Bank of England rate rise&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/1355c203-43b1-4d21-8dc7-deb4f8e762b5?accessToken=zwAAAZ1uLrf8k9ObCEV-ZolPLdOJZ4FsGE5P4s8TVcIDQ7FNIdONx960-OditdOvQE4KerxJvNOVhM1GkBUvhgE.MEQCIAEK-eXRyVbToxvbAdO0-QciygNaCM12ZN0rR8RLntz7AiAAv8OONnUxI3JdA9HMbiWL4un5u9rfnRTB_XOMrCvhoQ&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Kharg Island: Iran’s oil lifeline that Donald Trump has left untouched&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://middle-east-war.live.ft.com/" rel="noopener noreferrer" target="_blank"&gt;Webinar: War in the Middle East: What’s the End game?&amp;nbsp;&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Note: The FT does not use generative AI to voice its podcasts&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Today’s FT News Briefing was hosted and edited by &lt;a href="https://www.ft.com/marc-filippino" rel="noopener noreferrer" target="_blank"&gt;Marc Filippino&lt;/a&gt;, and produced by Saffeya Ahmed and Sonja Hutson.&amp;nbsp;Our show was mixed by Kelly Garry. Additional help from Michela Tindera, Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/a9f1dd59-c6c4-42d9-bb13-65882e0e1d1b" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

How US deals with the crucial export hub of Kharg Island could shed light on its longer-term strategy towards Iran

The price of oil fell sharply, and we’ll take a look at why the US and Israel are avoiding an attack on Iran’s Kharg Island. Plus, the FT’s George Hammond explains what the tenuous relationship between the Pentagon and Anthropic might mean for the AI start-up.&nbsp; Mentioned in this podcast:<a href="https://www.ft.com/content/bc3179f5-5591-489e-8ff3-179c4d1242b1?accessToken=zwAAAZ1uhzlPktO8MXn1VZFIntOP8xecTRJCsc9W3TOcUepBsNOYOv4TwNWrVAE.MEUCIFUqriG4luRqDEq5SjEVeUmviNvVnFZ8mLhn7m6WCp-rAiEAozKluZKHGMYlefTM7JFay_kLfy8b0IXTZfXSIXpoCSE&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">G7 ‘stands ready’ to release emergency oil reserves</a><a href="https://www.ft.com/content/af404e0a-7abc-49bc-9584-cd4690152f86?accessToken=zwAAAZ1uLrf8k9ObCEV-ZolPLdOJZ4FsGE5P4s8TVcIDQ7FNIdONx960-OditdOvQE4KerxJvNOVhM1GkBUvhgE.MEQCIAEK-eXRyVbToxvbAdO0-QciygNaCM12ZN0rR8RLntz7AiAAv8OONnUxI3JdA9HMbiWL4un5u9rfnRTB_XOMrCvhoQ&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Anthropic sues the Pentagon over being declared a ‘supply chain risk’</a><a href="http://af404e0a-7abc-49bc-9584-cd4690152f86" rel="noopener noreferrer" target="_blank">Gilt market slump deepens as traders bet on Bank of England rate rise</a><a href="https://www.ft.com/content/1355c203-43b1-4d21-8dc7-deb4f8e762b5?accessToken=zwAAAZ1uLrf8k9ObCEV-ZolPLdOJZ4FsGE5P4s8TVcIDQ7FNIdONx960-OditdOvQE4KerxJvNOVhM1GkBUvhgE.MEQCIAEK-eXRyVbToxvbAdO0-QciygNaCM12ZN0rR8RLntz7AiAAv8OONnUxI3JdA9HMbiWL4un5u9rfnRTB_XOMrCvhoQ&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Kharg Island: Iran’s oil lifeline that Donald Trump has left untouched</a><a href="https://middle-east-war.live.ft.com/" rel="noopener noreferrer" target="_blank">Webinar: War in the Middle East: What’s the End game?&nbsp;</a> Note: The FT does not use generative AI to voice its podcasts&nbsp; Today’s FT News Briefing was hosted and edited by <a href="https://www.ft.com/marc-filippino" rel="noopener noreferrer" target="_blank">Marc Filippino</a>, and produced by Saffeya Ahmed and Sonja Hutson.&nbsp;Our show was mixed by Kelly Garry. Additional help from Michela Tindera, Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music. <a href="https://www.ft.com/content/a9f1dd59-c6c4-42d9-bb13-65882e0e1d1b" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

The US is leaving an Iranian island untouched

<description>&lt;p&gt;Iran names Ayatollah Ali Khamenei’s son, Mojtaba Khamenei, as the new supreme leader. Plus, global central bankers are eying the jump in crude prices and the impact on inflation, and Gulf businesses seek more insurance coverage as the war in Iran continues. And, fears of food price spikes are growing.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/65af8f74-ebc9-4886-a91c-059288a0c729?accessToken=zwAAAZ1qKLK1ks9lr49068lIhtOpHAWSiKDHKc9WoBqlmK9I8NO1gInnu09Z9gE.MEQCIDzOysv7xRJ4vrz_p9M7wAcy8cz53t8sFhPMAmnAZ-ffAiA0XWILMJ-MogTHxEaejFtVmxaCLsiSMEsXOmHPT-vdpQ&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Mojtaba Khamenei becomes Iran’s supreme leader&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/56a01aa5-98af-48f0-b580-89e7bb4f59f6?accessToken=zwAAAZ1qKLK1ks9lr49068lIhtOpHAWSiKDHKc9WoBqlmK9I8NO1gInnu09Z9gE.MEQCIDzOysv7xRJ4vrz_p9M7wAcy8cz53t8sFhPMAmnAZ-ffAiA0XWILMJ-MogTHxEaejFtVmxaCLsiSMEsXOmHPT-vdpQ&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Oil surges past $100 a barrel for the first time in four years&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/be122b17-e667-478d-be19-89d605e978ea?accessToken=zwAAAZ1owwK1kdO-EisX5mdHjdO-GYnWBel46gE.MEUCIG3SeIqj6dcaG7_YmCpBScXLDb6yxFNcV5qbnLB3XEvvAiEAo4nDtWeS5nl8FWX5ZvEC3XlECjIJcWqoaloRs0fd1MY&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Qatar warns war will force Gulf to stop energy exports ‘within days’&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/176a8568-5982-459a-a36a-d2cbf577568a?accessToken=zwAAAZ1owySikc8XaoVoWYJFmtOjatLL9XdWigE.MEQCIGabPRVOwh2ITytPjtR9J-d_r_SzXoe6dGg2zQBSLQO4AiBDlbCdsQnwgTXsrygO0P_dCAIo-GDO5BHFIMyBPuAnEw&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Iran war muddles expectations of likely Federal Reserve interest rate cuts&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/7efe2060-8112-47aa-ad33-628ed2eb80ed?accessToken=zwAAAZ1ow0oAkc9-_iBggRJHqtOtM2KO0uuA7QE.MEUCIQDx2YT590JCsBlk8CGchW1Y8-yYyNYrCV7RPx6LYnvyhQIgdqMytkV_VU5ZEhNh80OL5BhcBqGHKN2PU0rbUSfR6-A&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Fertiliser disruption from Iran conflict prompts global food shortage warnings&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Note: The FT does not use generative AI to voice its podcasts&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Today’s FT News Briefing was hosted by &lt;a href="https://www.ft.com/victoria-craig" rel="noopener noreferrer" target="_blank"&gt;Victoria Craig&lt;/a&gt;, and produced by Julia Webster.&amp;nbsp;Our show was mixed by Alex Higgins. Additional help from Peter Barber. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/63c0dd95-ac11-4f25-bbe8-ccda7f5a19d7" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

Global oil price surge past $110 per barrel as the Middle East’s largest producers curb their output and the war in Iran continues

Iran names Ayatollah Ali Khamenei’s son, Mojtaba Khamenei, as the new supreme leader. Plus, global central bankers are eying the jump in crude prices and the impact on inflation, and Gulf businesses seek more insurance coverage as the war in Iran continues. And, fears of food price spikes are growing. Mentioned in this podcast:<a href="https://www.ft.com/content/65af8f74-ebc9-4886-a91c-059288a0c729?accessToken=zwAAAZ1qKLK1ks9lr49068lIhtOpHAWSiKDHKc9WoBqlmK9I8NO1gInnu09Z9gE.MEQCIDzOysv7xRJ4vrz_p9M7wAcy8cz53t8sFhPMAmnAZ-ffAiA0XWILMJ-MogTHxEaejFtVmxaCLsiSMEsXOmHPT-vdpQ&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Mojtaba Khamenei becomes Iran’s supreme leader</a><a href="https://www.ft.com/content/56a01aa5-98af-48f0-b580-89e7bb4f59f6?accessToken=zwAAAZ1qKLK1ks9lr49068lIhtOpHAWSiKDHKc9WoBqlmK9I8NO1gInnu09Z9gE.MEQCIDzOysv7xRJ4vrz_p9M7wAcy8cz53t8sFhPMAmnAZ-ffAiA0XWILMJ-MogTHxEaejFtVmxaCLsiSMEsXOmHPT-vdpQ&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Oil surges past $100 a barrel for the first time in four years</a><a href="https://www.ft.com/content/be122b17-e667-478d-be19-89d605e978ea?accessToken=zwAAAZ1owwK1kdO-EisX5mdHjdO-GYnWBel46gE.MEUCIG3SeIqj6dcaG7_YmCpBScXLDb6yxFNcV5qbnLB3XEvvAiEAo4nDtWeS5nl8FWX5ZvEC3XlECjIJcWqoaloRs0fd1MY&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Qatar warns war will force Gulf to stop energy exports ‘within days’</a><a href="https://www.ft.com/content/176a8568-5982-459a-a36a-d2cbf577568a?accessToken=zwAAAZ1owySikc8XaoVoWYJFmtOjatLL9XdWigE.MEQCIGabPRVOwh2ITytPjtR9J-d_r_SzXoe6dGg2zQBSLQO4AiBDlbCdsQnwgTXsrygO0P_dCAIo-GDO5BHFIMyBPuAnEw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Iran war muddles expectations of likely Federal Reserve interest rate cuts</a><a href="https://www.ft.com/content/7efe2060-8112-47aa-ad33-628ed2eb80ed?accessToken=zwAAAZ1ow0oAkc9-_iBggRJHqtOtM2KO0uuA7QE.MEUCIQDx2YT590JCsBlk8CGchW1Y8-yYyNYrCV7RPx6LYnvyhQIgdqMytkV_VU5ZEhNh80OL5BhcBqGHKN2PU0rbUSfR6-A&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Fertiliser disruption from Iran conflict prompts global food shortage warnings</a> Note: The FT does not use generative AI to voice its podcasts&nbsp; Today’s FT News Briefing was hosted by <a href="https://www.ft.com/victoria-craig" rel="noopener noreferrer" target="_blank">Victoria Craig</a>, and produced by Julia Webster.&nbsp;Our show was mixed by Alex Higgins. Additional help from Peter Barber. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.&nbsp; <a href="https://www.ft.com/content/63c0dd95-ac11-4f25-bbe8-ccda7f5a19d7" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Oil price surge risks upending global economy

<description>&lt;p&gt;As insurance costs rocket for shipping in the Strait of Hormuz, Asian countries brace for an energy shock. The rapid expansion of American-owned data centres in the Middle East has opened up a new front for Iran’s retaliation against the US. Plus, Donald Trump fires the head of the US Department of Homeland Security, Kristi Noem, and the FT’s Joshua Franklin explains what JPMorgan wants with an historic New York City hotel.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/6ddeb488-0d6f-4b6a-b419-2a2ba7437a25" rel="noopener noreferrer" target="_blank"&gt;Industry casts doubt on Trump plan to insure Gulf oil tankers as Iran war halts transit&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/b5ce07cd-d240-4b5d-bdb1-833d4c725081" rel="noopener noreferrer" target="_blank"&gt;Asia’s big economies brace for Iran war energy shock&amp;nbsp;&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/e22300d8-172f-4737-95b3-94841f833959" rel="noopener noreferrer" target="_blank"&gt;Donald Trump fires controversial homeland security secretary Kristi Noem&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/31b2cf59-9ea4-4d59-8fae-48e0321d60dd" rel="noopener noreferrer" target="_blank"&gt;Pakistan thwarts JPMorgan’s efforts to buy historic New York hotel&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Note: The FT does not use generative AI to voice its podcasts&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Today’s FT News Briefing was hosted by Victoria Craig, and produced by Saffeya Ahmed and Marc Filippino.&amp;nbsp;Our show was mixed by Kelly Garry. Additional help from Michael Lello. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/772b2fb0-990f-4661-9e35-2ab5746baaa9" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

Some of the world’s biggest fuel importers rush to secure oil and gas supplies as Middle East conflict chokes flow

As insurance costs rocket for shipping in the Strait of Hormuz, Asian countries brace for an energy shock. The rapid expansion of American-owned data centres in the Middle East has opened up a new front for Iran’s retaliation against the US. Plus, Donald Trump fires the head of the US Department of Homeland Security, Kristi Noem, and the FT’s Joshua Franklin explains what JPMorgan wants with an historic New York City hotel.&nbsp; Mentioned in this podcast:<a href="https://www.ft.com/content/6ddeb488-0d6f-4b6a-b419-2a2ba7437a25" rel="noopener noreferrer" target="_blank">Industry casts doubt on Trump plan to insure Gulf oil tankers as Iran war halts transit</a><a href="https://www.ft.com/content/b5ce07cd-d240-4b5d-bdb1-833d4c725081" rel="noopener noreferrer" target="_blank">Asia’s big economies brace for Iran war energy shock&nbsp;</a><a href="https://www.ft.com/content/e22300d8-172f-4737-95b3-94841f833959" rel="noopener noreferrer" target="_blank">Donald Trump fires controversial homeland security secretary Kristi Noem</a><a href="https://www.ft.com/content/31b2cf59-9ea4-4d59-8fae-48e0321d60dd" rel="noopener noreferrer" target="_blank">Pakistan thwarts JPMorgan’s efforts to buy historic New York hotel</a> Note: The FT does not use generative AI to voice its podcasts&nbsp; Today’s FT News Briefing was hosted by Victoria Craig, and produced by Saffeya Ahmed and Marc Filippino.&nbsp;Our show was mixed by Kelly Garry. Additional help from Michael Lello. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.&nbsp; <a href="https://www.ft.com/content/772b2fb0-990f-4661-9e35-2ab5746baaa9" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Iran war’s global energy impact 

<description>&lt;p&gt;Israel expects war against Iran to last weeks and Ayatollah Khamenei’s son emerges as a leading candidate for supreme leader. Plus, the Federal Reserve grants crypto exchange Kraken access to its core payments system, inside the collapse of UK property lender Market Financial Solutions, and US Treasury secretary Scott Bessent says the new 15% tariff rate could start this week.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/b71ef4e2-d008-49fd-99f8-3c89fdab0d9f?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Ali Khamenei’s son Mojtaba emerges as a leading candidate for supreme leader of Iran&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/865dab47-f9b8-4c81-88e6-15894cbda58c?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Gulf insurance costs soar 12-fold despite Trump guarantee&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/d84aea52-0cdd-4f8c-a08d-d14925b5b6ab?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Federal Reserve grants Kraken access to payments system in first for crypto group&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/6731dc3d-d43b-487a-a6f2-e6c8b2a7ac92?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Collapse of UK property lender sends shockwaves through Wall Street&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/8f1b913a-edfc-4fad-a9d7-434dfdcd81bb?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Scott Bessent says 15% global tariff ‘likely’ to be imposed this week&lt;/a&gt;&lt;/p&gt;&lt;p&gt;Send your tariffs stories to marc.filippino@ft.com&lt;/p&gt;&lt;br&gt;&lt;p&gt;Note: The FT does not use generative AI to voice its podcasts&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Today’s FT News Briefing was hosted and edited by &lt;a href="https://www.ft.com/marc-filippino" rel="noopener noreferrer" target="_blank"&gt;Marc Filippino&lt;/a&gt;, and produced by Fiona Symon, Victoria Craig, and Henry Larson.&amp;nbsp;Our show was mixed by Kelly Garry. Additional help from David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/60127f29-0dc0-42d3-ab38-6265cbbdc421" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

Regime loyalists promote idea of succession after killing of Ayatollah by Israel and US

Israel expects war against Iran to last weeks and Ayatollah Khamenei’s son emerges as a leading candidate for supreme leader. Plus, the Federal Reserve grants crypto exchange Kraken access to its core payments system, inside the collapse of UK property lender Market Financial Solutions, and US Treasury secretary Scott Bessent says the new 15% tariff rate could start this week.&nbsp; Mentioned in this podcast:<a href="https://www.ft.com/content/b71ef4e2-d008-49fd-99f8-3c89fdab0d9f?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Ali Khamenei’s son Mojtaba emerges as a leading candidate for supreme leader of Iran</a><a href="https://www.ft.com/content/865dab47-f9b8-4c81-88e6-15894cbda58c?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Gulf insurance costs soar 12-fold despite Trump guarantee</a><a href="https://www.ft.com/content/d84aea52-0cdd-4f8c-a08d-d14925b5b6ab?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Federal Reserve grants Kraken access to payments system in first for crypto group</a><a href="https://www.ft.com/content/6731dc3d-d43b-487a-a6f2-e6c8b2a7ac92?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Collapse of UK property lender sends shockwaves through Wall Street</a><a href="https://www.ft.com/content/8f1b913a-edfc-4fad-a9d7-434dfdcd81bb?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Scott Bessent says 15% global tariff ‘likely’ to be imposed this week</a>Send your tariffs stories to marc.filippino@ft.com Note: The FT does not use generative AI to voice its podcasts&nbsp; Today’s FT News Briefing was hosted and edited by <a href="https://www.ft.com/marc-filippino" rel="noopener noreferrer" target="_blank">Marc Filippino</a>, and produced by Fiona Symon, Victoria Craig, and Henry Larson.&nbsp;Our show was mixed by Kelly Garry. Additional help from David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music. <a href="https://www.ft.com/content/60127f29-0dc0-42d3-ab38-6265cbbdc421" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Khamenei’s son is frontrunner to be Iran’s supreme leader

<description>&lt;p&gt;Gas prices have soared on the back of the war in the Middle East, and US president Donald Trump criticised some European nations for not being helpful in the conflict. Plus, the ongoing crisis is disrupting precious-metals trade, and China will unveil its five-year plan during the National People’s Congress meeting on Thursday.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/50c54c51-7ea2-44af-a242-475c66057f07?accessToken=zwAAAZ1QNK72k89QxUxRfqJEr9OiQkdcZgV_B88Puq00uAFHctOzyW1rYfnj6tOWtB5kWjRHf9OrA9LaejpEPgE.MEYCIQDPks19D33lZmqUoSm7TFhoMFqR3QbRmuWfmBZ4RD4pCwIhAJnoWTzHtY_mOwUjBq9eyxPnjx4l2Oo0dgZH_FdiGWoY&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Trump threatens to cut trade with ‘terrible’ Spain and calls Starmer ‘no Churchill’&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/0fbaad34-b801-4772-b3c9-6d6b61f9e3ea?accessToken=zwAAAZ1QNK72k89QxUxRfqJEr9OiQkdcZgV_B88Puq00uAFHctOzyW1rYfnj6tOWtB5kWjRHf9OrA9LaejpEPgE.MEYCIQDPks19D33lZmqUoSm7TFhoMFqR3QbRmuWfmBZ4RD4pCwIhAJnoWTzHtY_mOwUjBq9eyxPnjx4l2Oo0dgZH_FdiGWoY&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;China’s cadres advocate end to overtime to encourage people to have families&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/96b41e64-5a34-477f-ab03-d2da7a3a443e?accessToken=zwAAAZ1QNK72k89QxUxRfqJEr9OiQkdcZgV_B88Puq00uAFHctOzyW1rYfnj6tOWtB5kWjRHf9OrA9LaejpEPgE.MEYCIQDPks19D33lZmqUoSm7TFhoMFqR3QbRmuWfmBZ4RD4pCwIhAJnoWTzHtY_mOwUjBq9eyxPnjx4l2Oo0dgZH_FdiGWoY&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Brussels urges calm as Iran crisis sends European gas prices soaring&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/96b41e64-5a34-477f-ab03-d2da7a3a443e?accessToken=zwAAAZ1QLRPdkdOWtB5kWjRHf9OrA9LaejpEPgE.MEUCIGKCmpp4loN_DJft_mF3lk8tBzsPk7u2QlrQ5O8KIfCQAiEAoPiKrxtqKHy6yGjjhwXFDvwMD61b45biPWKd04Dn5rs&amp;amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank"&gt;Gold and silver flows disrupted as Iran conflict grounds flights&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Note: The FT does not use generative AI to voice its podcasts&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Today’s FT News Briefing was hosted by &lt;a href="https://www.ft.com/victoria-craig" rel="noopener noreferrer" target="_blank"&gt;Victoria Craig&lt;/a&gt;, edited by Marc Filippino, and produced by Fiona Symon and Saffeya Ahmed.&amp;nbsp;Our show was mixed by Kelly Garry. Additional help from Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/002d4937-9ca7-4586-adac-319b23ae2102" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

The spiralling Middle East conflict sparked by US-Israeli strikes on Iran has roiled energy markets. 

Gas prices have soared on the back of the war in the Middle East, and US president Donald Trump criticised some European nations for not being helpful in the conflict. Plus, the ongoing crisis is disrupting precious-metals trade, and China will unveil its five-year plan during the National People’s Congress meeting on Thursday.&nbsp; Mentioned in this podcast:<a href="https://www.ft.com/content/50c54c51-7ea2-44af-a242-475c66057f07?accessToken=zwAAAZ1QNK72k89QxUxRfqJEr9OiQkdcZgV_B88Puq00uAFHctOzyW1rYfnj6tOWtB5kWjRHf9OrA9LaejpEPgE.MEYCIQDPks19D33lZmqUoSm7TFhoMFqR3QbRmuWfmBZ4RD4pCwIhAJnoWTzHtY_mOwUjBq9eyxPnjx4l2Oo0dgZH_FdiGWoY&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Trump threatens to cut trade with ‘terrible’ Spain and calls Starmer ‘no Churchill’</a><a href="https://www.ft.com/content/0fbaad34-b801-4772-b3c9-6d6b61f9e3ea?accessToken=zwAAAZ1QNK72k89QxUxRfqJEr9OiQkdcZgV_B88Puq00uAFHctOzyW1rYfnj6tOWtB5kWjRHf9OrA9LaejpEPgE.MEYCIQDPks19D33lZmqUoSm7TFhoMFqR3QbRmuWfmBZ4RD4pCwIhAJnoWTzHtY_mOwUjBq9eyxPnjx4l2Oo0dgZH_FdiGWoY&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">China’s cadres advocate end to overtime to encourage people to have families</a><a href="https://www.ft.com/content/96b41e64-5a34-477f-ab03-d2da7a3a443e?accessToken=zwAAAZ1QNK72k89QxUxRfqJEr9OiQkdcZgV_B88Puq00uAFHctOzyW1rYfnj6tOWtB5kWjRHf9OrA9LaejpEPgE.MEYCIQDPks19D33lZmqUoSm7TFhoMFqR3QbRmuWfmBZ4RD4pCwIhAJnoWTzHtY_mOwUjBq9eyxPnjx4l2Oo0dgZH_FdiGWoY&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Brussels urges calm as Iran crisis sends European gas prices soaring</a><a href="https://www.ft.com/content/96b41e64-5a34-477f-ab03-d2da7a3a443e?accessToken=zwAAAZ1QLRPdkdOWtB5kWjRHf9OrA9LaejpEPgE.MEUCIGKCmpp4loN_DJft_mF3lk8tBzsPk7u2QlrQ5O8KIfCQAiEAoPiKrxtqKHy6yGjjhwXFDvwMD61b45biPWKd04Dn5rs&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Gold and silver flows disrupted as Iran conflict grounds flights</a> Note: The FT does not use generative AI to voice its podcasts&nbsp; Today’s FT News Briefing was hosted by <a href="https://www.ft.com/victoria-craig" rel="noopener noreferrer" target="_blank">Victoria Craig</a>, edited by Marc Filippino, and produced by Fiona Symon and Saffeya Ahmed.&nbsp;Our show was mixed by Kelly Garry. Additional help from Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music. <a href="https://www.ft.com/content/002d4937-9ca7-4586-adac-319b23ae2102" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Iran crisis sends European gas prices soaring

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

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