<p>A gas shipment made it through the Strait of Hormuz as European oil majors cash in billions from the US-Israeli war on Iran, airlines across Europe are cutting prices for summer flights despite a potential jet fuel shortage, and bond giant Pimco says the war could prompt the Federal Reserve to raise rates. Plus, the FT’s Lucy Fisher explains what to expect from a make-or-break speech by UK prime minister Keir Starmer today.&nbsp;</p><br><p><strong>Mentioned in this podcast:</strong></p><p><a href="https://www.ft.com/content/2b2a9375-829c-4b4a-af98-c5e1e963c493?accessToken=zwAAAZ6tVABRl88rKpN1gpxLStOvmMXh6WPEk9P0AwZl1dxK_dOOYpsu6KitD9OUNG_Bq4tBE9OY3QBFvds5H9PQDP7kQXJB6dOhdPcyQSGPAtO6kZJG_1BLjdOTHEPujTd5XdPbtp543pxFHNO7KtftqOvpWdOijA9cYepHtNOjy9kcTfVvggE.MEQCIE9-OSLjG1S7_HGVr3p_dXMYedY8ahL6W6kMP1wGHlq0AiBnzUtW4o_AENk2YNwp_DH8Zq7xI2taZuznit4bCERFFw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Qatari gas shipment clears Strait of Hormuz after Pakistan-Iran talks</a></p><p><a href="https://www.ft.com/content/f4030665-d5dc-4afd-8e62-9b2ee8a8ad0f?accessToken=zwAAAZ6tVABRl88rKpN1gpxLStOvmMXh6WPEk9P0AwZl1dxK_dOOYpsu6KitD9OUNG_Bq4tBE9OY3QBFvds5H9PQDP7kQXJB6dOhdPcyQSGPAtO6kZJG_1BLjdOTHEPujTd5XdPbtp543pxFHNO7KtftqOvpWdOijA9cYepHtNOjy9kcTfVvggE.MEQCIE9-OSLjG1S7_HGVr3p_dXMYedY8ahL6W6kMP1wGHlq0AiBnzUtW4o_AENk2YNwp_DH8Zq7xI2taZuznit4bCERFFw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Euro oil majors make billions off war </a>&nbsp;</p><p><a href="https://www.ft.com/content/94346fc1-ab8b-4113-98dd-0045bddb391f?accessToken=zwAAAZ6tVABRl88rKpN1gpxLStOvmMXh6WPEk9P0AwZl1dxK_dOOYpsu6KitD9OUNG_Bq4tBE9OY3QBFvds5H9PQDP7kQXJB6dOhdPcyQSGPAtO6kZJG_1BLjdOTHEPujTd5XdPbtp543pxFHNO7KtftqOvpWdOijA9cYepHtNOjy9kcTfVvggE.MEQCIE9-OSLjG1S7_HGVr3p_dXMYedY8ahL6W6kMP1wGHlq0AiBnzUtW4o_AENk2YNwp_DH8Zq7xI2taZuznit4bCERFFw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Coal shipments jump as countries seek alternatives to disrupted gas supplies</a></p><p><a href="https://www.ft.com/content/d00cfee4-4172-41e9-a174-f73241218f02?accessToken=zwAAAZ6tVABRl88rKpN1gpxLStOvmMXh6WPEk9P0AwZl1dxK_dOOYpsu6KitD9OUNG_Bq4tBE9OY3QBFvds5H9PQDP7kQXJB6dOhdPcyQSGPAtO6kZJG_1BLjdOTHEPujTd5XdPbtp543pxFHNO7KtftqOvpWdOijA9cYepHtNOjy9kcTfVvggE.MEQCIE9-OSLjG1S7_HGVr3p_dXMYedY8ahL6W6kMP1wGHlq0AiBnzUtW4o_AENk2YNwp_DH8Zq7xI2taZuznit4bCERFFw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Airlines cut prices to entice holiday bookers worried about jet fuel</a></p><p><a href="https://www.ft.com/content/ba919246-ff50-4b8d-931c-43ee8d37795d?accessToken=zwAAAZ6tVABRl88rKpN1gpxLStOvmMXh6WPEk9P0AwZl1dxK_dOOYpsu6KitD9OUNG_Bq4tBE9OY3QBFvds5H9PQDP7kQXJB6dOhdPcyQSGPAtO6kZJG_1BLjdOTHEPujTd5XdPbtp543pxFHNO7KtftqOvpWdOijA9cYepHtNOjy9kcTfVvggE.MEQCIE9-OSLjG1S7_HGVr3p_dXMYedY8ahL6W6kMP1wGHlq0AiBnzUtW4o_AENk2YNwp_DH8Zq7xI2taZuznit4bCERFFw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Iran war could prompt Federal Reserve to raise rates, Pimco says</a></p><p><a href="https://www.ft.com/content/dbb69e78-de9c-451c-bb2a-d7eda8ebe959?accessToken=zwAAAZ6tVABRl88rKpN1gpxLStOvmMXh6WPEk9P0AwZl1dxK_dOOYpsu6KitD9OUNG_Bq4tBE9OY3QBFvds5H9PQDP7kQXJB6dOhdPcyQSGPAtO6kZJG_1BLjdOTHEPujTd5XdPbtp543pxFHNO7KtftqOvpWdOijA9cYepHtNOjy9kcTfVvggE.MEQCIE9-OSLjG1S7_HGVr3p_dXMYedY8ahL6W6kMP1wGHlq0AiBnzUtW4o_AENk2YNwp_DH8Zq7xI2taZuznit4bCERFFw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Starmer faces fight for survival as calls to resign escalate</a></p><p><a href="https://www.ft.com/content/a28c0f5c-61ea-47b4-a3cb-d91c4df56f82?accessToken=zwAAAZ6tVABRl88rKpN1gpxLStOvmMXh6WPEk9P0AwZl1dxK_dOOYpsu6KitD9OUNG_Bq4tBE9OY3QBFvds5H9PQDP7kQXJB6dOhdPcyQSGPAtO6kZJG_1BLjdOTHEPujTd5XdPbtp543pxFHNO7KtftqOvpWdOijA9cYepHtNOjy9kcTfVvggE.MEQCIE9-OSLjG1S7_HGVr3p_dXMYedY8ahL6W6kMP1wGHlq0AiBnzUtW4o_AENk2YNwp_DH8Zq7xI2taZuznit4bCERFFw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Britain’s elections in maps and charts</a></p><p><a href="https://www.ft.com/political-fix" rel="noopener noreferrer" target="_blank">Political Fix podcast </a></p><br><p>Note: The FT does not use generative AI to voice its podcasts&nbsp;</p><br><p>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 Katya Kumkova, Marc Filippino and Saffeya Ahmed. 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;</p><br><p><a href="https://www.ft.com/content/e1ffa741-b2f0-41e1-aabc-39ff07db0979" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><hr><p style='color:grey; font-size:0.75em;'> 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.</p>