A Reader of the FT

…the US war in Iran, according to a new poll which underlines the damage being done to the president’s popularity. Myles McCormick

Donald Trump’s Iran war tests US voters’ patience as petrol prices rise Americans hold president responsible for spiralling costs at the fuel pump

Donald Trump’s Iran war tests US voters’ patience as petrol prices rise-Nearly half of Americans hold Donald Trump responsible for the surge in petrol prices triggered by…
www.ft.com/content/9900... @senojerialc.bsky.social @financialtimes.com

…the six Gulf Cooperation Council countries, sending home over $51bn a year in remittances, while the GCC is India’s biggest trading bloc and a major source of foreign investment. Michael Stott

Iran war threatens India’s ‘Goldilocks’ economy Conflict exposes reliance on Gulf for energy and trade while posing diplomatic challenge to Narendra Modi’s government

Iran war threatens India’s ‘Goldilocks’ economy-India depends on Gulf nations not only for oil and gas but for everything from flight connections to fertiliser. Nearly 10mn Indians work in…
www.ft.com/content/f7c7... @christopherkay.ft.com @financialtimes.com

…almost impassable.

Iran’s new supreme leader vows to keep Strait of Hormuz closed Written statement is first public comment from Mojtaba Khamenei since the start of the war

Iran’s new supreme leader vows to keep Strait of Hormuz closed-Iranian attacks on shipping have made the Strait of Hormuz, through which about one-fifth of the world’s oil and liquefied natural gas normally flows… www.ft.com/content/73c1... @bozorgmehr.bsky.social @financialtimes.com

…widening its attacks, gambling that a prolonged disruption to the oil market could force the Trump administration to back down. @henryjfoy.ft.com

‘Sitting ducks’: oil tankers trapped in Gulf as Iran widens attacks on shipping Operators face growing risks whether they stay or flee through Strait of Hormuz

‘Sitting ducks’: oil tankers trapped in Gulf as Iran widens attacks on shipping-Since the start of the war Iran has threatened any vessel that dared transit the Strait of Hormuz, but now appears to be… www.ft.com/content/f451... @alicemhancock.bsky.social @financialtimes.com

Russia rakes in $150mn a day in extra revenue from surging oil prices Middle East conflict boosts Vladimir Putin’s war chest as tankers carrying Russian oil head to India

Russia rakes in $150mn a day in extra revenue from surging oil prices-making it the biggest winner from the conflict in the Middle East. www.ft.com/content/dd97... Anastasia Stognei @financialtimes.com

…perhaps less polished governance. That, in return, could produce more volatility for investors.

Nasdaq finds SpaceX’s gravitational pull hard to resist Proposed change to index-inclusion policy would benefit Elon Musk ahead of IPO

Lex: Nasdaq finds SpaceX’s gravitational pull hard to resist-One cost of this is that it may lead over time to an index comprising less seasoned stocks and smaller free floats, and… www.ft.com/content/f110... @jenniferhughes.bsky.social @financialtimes.com

…industrial policies of yesterday will undermine Europe’s strategic autonomy and could gradually but irreparably damage its industrial potential. If that happens, China will be the only beneficiary.

Europe needs to stop bickering to compete with China The fight over ‘Made in Europe’ versus ‘Made with Europe’ is a pointless one

Europe needs to stop bickering to compete with China-As the European Council convenes on March 19 to discuss competitiveness, EU leaders ought to learn from Canada: remaining ideologically wedded to the trade and… www.ft.com/content/2a7b... @shahinvallee.bsky.social @financialtimes.com

…for not backing it from the start, Farage is now retreating in the face of higher oil prices.

Farage forgets which country he aims to govern In domestic and foreign policy, the British right’s vulnerability is its America-worship

Farage forgets which country he aims to govern-Britain’s rightwingers have got themselves in the most predictable of all pickles over the Iran war. Having cheered this “vital fight”, and scolded Sir Keir Starmer… www.ft.com/content/d975... Janan Ganesh @financialtimes.com

America risks financial credibility with payments deficit obsession Imposing tariffs in response threatens to create a problem where none exists

America risks financial credibility with payments deficit obsession-The writer is the Gregory and Ania Coffey professor of economics at @harvard.edu and formerly first deputy managing director and chief economist of the IMF. www.ft.com/content/bcf2... @gita-gopinath.bsky.social @financialtimes.com

…the Kospi’s recent oscillations are also a reminder that the market still rests on fragile foundations.

Turbulence tests South Korea’s stock market revival Sharp swings are a reminder to Seoul that its reform agenda is incomplete

The FT View: Turbulence tests South Korea’s stock market revival—Last year’s historic surge in South Korean stocks shows what targeted reform can achieve alongside a strong tech sector. But… www.ft.com/content/b159... @financialtimes.com

…into each other. The most extraordinary thing about the current American president is that he acts as if he is his own father and his own son.

Trump’s revolutionary sense of time is changing politics The US president doesn’t think in terms of long-term strategy but rather in terms of deadlines

Trump’s revolutionary sense of time is changing politics— Democratic politics has transitioned to a different temporal regime. Past and present have somehow collapsed… www.ft.com/content/5813... Krastev @financialtimes.com

…joining what has since become the largest Iranian community outside Iran.

In LA’s ‘Tehrangeles’, Trump’s war is popular The largest community outside Iran danced in the streets but diverges with the president on a return to monarchy

In LA’s ‘Tehrangeles’, Trump’s war is popular—Eric Saddigh was only 16 when he fled Iran with his family. Like thousands of others who fled the country after the 1979 Islamic revolution, they landed in Los Angeles…  www.ft.com/content/ddb7... @grimeslikedimes.bsky.social @financialtimes.com

JPMorgan and Jeffrey Epstein: the long goodbye Red flags were raised about the sex offender’s activity since the early 2000s — but the bank continued with him for years after his arrest

JPMorgan and Jeffrey Epstein: the long goodbye—The files show that people at JPMorgan raised red flags about Epstein’s accounts time and again for about a decade. But for years such warnings were not acted on. www.ft.com/content/5a9a... @ramshodgson.bsky.social @financialtimes.com

The ‘stick or twist’ moment for UK banks Will high street lenders persist with disciplined growth plans or take riskier bets to boost fee income

The ‘stick or twist’ moment for UK banks—It is as much a test of character as strategic judgment. Will they see their role as preventing value destruction or enhancing growth? www.ft.com/content/cfab... Philip Augar @financialtimes.com

…offloading some of them. The reduction in expected performance fees has put further pressure on CVC shares, with the group already facing a lukewarm reception on the public market.

CVC warns of lower performance fees after flagship fund struggles Private capital group’s shares fall again, bringing decline over past 12 months to more than 40%

CVC warns of lower performance fees after flagship fund struggles—Its private equity holdings have failed to perform as well as the Amsterdam-listed group had hoped, resulting in a delay to… www.ft.com/content/52fd... @alexandraheal.bsky.social @financialtimes.com

…mid-2027 at the earliest, ratcheting up costs for industries from trucking and farming to airlines and retailers. Martha Muir

Soaring fuel prices to cast long shadow across US economy Industries from farming to airlines face long-term higher costs and will raise customer prices in response

Soaring fuel prices to cast long shadow across US economy—
The US energy department has warned petrol and diesel prices are unlikely to recede to prewar levels until… www.ft.com/content/4b55... @jamiesmythft.bsky.social @financialtimes.com

…declined last year for only the second time since 1976.

What do China’s new green targets really mean? Beijing keeps room for manoeuvre a key part of clean energy push

What do China’s new green targets really mean?—The country’s dramatic solar and wind growth has now reached a scale where it is eating away at coal generation — which is still by far China’s biggest source of power, but… www.ft.com/content/721c... @simonmundy.ft.com @financialtimes.com