Oil prices in the driving seat as energy shock upends global markets
Investors are picking winners and losers based on economies’ exposure to inflationary surge
Trump adviser calls for US to ‘declare victory and get out’ of Iran
Remarks by AI and crypto tsar David Sacks show anti-war sentiment in the president’s Maga coalition
Brazil blocks visit of Trump official to see jailed Bolsonaro
US accused of ‘undue interference’ in country’s affairs as bilateral relations take turn for the worse
Letter: Molly Russell film lays bare the dangers of social media
From Alison Beauvais, Skilgate, Taunton, UK
Letter: Recalling the woman who took on Goldman’s CEO
From James Patterson, Writer, Washington, DC, US
Letter: Sartorial selection
From Sultan Ahamed, Mystic, CT, US
Letter: Sleep deprivation: not just an issue for junior bankers
From Jay Stuart, London N6, UK
Letter: Mother’s dinner parties prepared me for life
From Annie Leture, Dorset, UK
Letter: Artificial intelligence bias can be technical failure
From Melissa Lopez, San Francisco, CA, US
Letter: Why verbosity defines the chatbot’s response
From Martin Rynja, Publisher, Gibson Square Books, London EC1, UK
Letter: Sleeves were rolled up . . . I trust only metaphorically
From CH Johnson, Colyton, East Devon, UK
Letter: What about a sauna after church on Sunday?
From Eddie Tulasiewicz, London W5, UK
Letter: Great survival tips, but we now need a bag for the kit
From Matthew Stephenson, Wakefield, West Yorkshire, UK
FT Crossword: Polymath number 1,378
FT Crossword: Number 18,318
Trump says US has ‘obliterated’ military assets on Iran’s Kharg Island
President warns he would attack oil infrastructure if Tehran impeded more shipments through the Strait of Hormuz
Musk’s $134bn claim against OpenAI rests on ‘numbers out of the air’, judge says
California court questions billionaire’s expert witness but declines to exclude the testimony from April trial
Middle East war day 14 as it happened: Washington eases some Russian oil sanctions, Donald Trump says US ‘obliterated’ military assets on Iran’s Kharg Island
President warns he would attack oil infrastructure if Tehran impeded more shipments through the Strait of Hormuz
Wall Street warns Iran war will trigger prolonged energy crisis
US launches strike on Iran’s Kharg Island supply hub as banks forecast oil could push well above $100
Nvidia prepares AI ‘inference’ chip launch to counter rising challengers
Jensen Huang to unveil new products at GTC event next week as spending shifts from training to running AI models
Full text: judge says probe is attempt to ‘harass and pressure’ the central bank chief to cut rates
Transcript: Mandelson mess and Middle East U-turns
Lucy Fisher talks to Jim Pickard, Stephen Bush, George Parker
US judge throws out justice department subpoenas to Fed, citing ‘thin’ evidence
Court says Donald Trump’s DoJ was seeking to ‘pressure’ chair Jay Powell to cut interest rates
UK petrol trade body in dispute with ministers over ‘inflammatory’ comments
PRA claims staff have been abused by public following government comments suggesting retailers are ‘price gouging’