International - Financial Times - Credit Squeeze

Conflict exposes reliance on Gulf for energy and trade while posing diplomatic challenge to Narendra Modi’s government

US joins unprecedented drawdown that underscores threat to global economy from Middle East war

Investigations are precursor to fresh tariffs after previous levies were struck down by the Supreme Court

The fight over ‘Made in Europe’ versus ‘Made with Europe’ is a pointless one

Sharp swings are a reminder to Seoul that its reform agenda is incomplete

Economics leader writer Tej Parikh and European economics commentator Martin Sandbu replied to reader questions

Inflation was already too firm even before war broke out in Iran

Figure comes as Middle East war sends energy prices higher

Higher oil prices will ‘significantly change the game plan’ for central banks in developing nations, say economists

Also in today’s newsletter: JPMorgan clamps down on lending to private credit groups and Oracle reassures over AI spending

Plan underlines fears for the global economy from energy shock triggered by the Middle East war

Surging energy prices are putting Indian economy under pressure

Updating MPR’s central bank forecasts for higher energy prices

Shortage spurs surge in prices and threatens sectors from fertiliser to microchips as impact of war in Iran widens

There are lasting lessons about energy resilience to be learnt from this conflict

Industries from farming to airlines face long-term higher costs and will raise customer prices in response

Even if the Iran war ends quickly, governments will need to prioritise security of supply

Budget watchdog’s top economist says high oil and gas prices could deliver ‘completely unwelcome’ hit to economy

A succession of US foreign policy choices has destabilised the oil industry

Also in today’s newsletter, the economies that will pay the biggest price for the conflict