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FirstFT: US could destroy Iran ‘in one night’, Trump says
Also in today’s newsletter: JPMorgan’s Canary Wharf tower and Anthropic-Google chips deal
The future of global trade won’t depend on the Strait of Hormuz
A new infrastructure is being built rapidly to avoid the strategic chokepoint and ensure global energy and food security
Europe’s fossil fuel dependence poses risks to price stability
Repeated cost shocks make a transition to cleaner energy critical
UK pubs and restaurants face ‘perma-crisis’ after energy shock
Hospitality sector already hit by increases to business rates and wages
China offers diplomatic immunity in bid to host oceans treaty
Beijing lobbying stepped up at UN meetings over summit for high seas
When will Americans take the blame?
US war of choice in Iran risks turning Americans into global pariahs
