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

Insurance market responds to criticism over cancelled policies and higher prices for stuck ships

Destructive US and Israeli war and Islamic republic’s resilience have alarmed even those who supported foreign intervention

Complex systems built to counter enemy aircraft and large missiles are not cost effective for modern warfare

People on ‘plan 2’ owe four times as much as those on previous system

Vladimir Putin endorses plan drawn up by Russian consultancy that is under western sanctions

Confusion over US naval escorts in Strait of Hormuz exposes lack of clarity over war aims

Public accounts committee finds lack of accurate data prevents setting of ‘meaningful targets’

Oil steadies after mixed US government messages spark volatility

Software giant throws its weight behind the AI start-up’s lawsuit challenging its designation as a supply chain risk

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

Meeting between two longstanding enemies could take place in Cyprus

Departure of HMS Dragon comes amid wider criticism of Britain’s slowness to bolster support for allies in Iran war

Ninety Labour MPs abstained while 10 joined Tories and Lib Dems in opposing Courts and Tribunals Bill

The US and Israeli attacks on Iran will leave the Middle East in greater turmoil

Radio station is broadcasting what appears to be coded orders in Farsi, echoing the cold war

Ministers try to win over sceptical public by potentially excluding children and some personal data

Budget airline’s CEO says crisis is ‘more manageable’ than others after forecasting €50mn hit to its bottom line

Issuance of around $60bn expected on Tuesday as companies take advantage of calmer markets

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

Tribunal kicks off hearing of hedge fund founder’s case against UK financial watchdog

Donald Trump has said the conflict will be over ‘very soon’. How can he stop it?

Multiyear partnership includes a further ‘significant’ investment from Nvidia into one-year-old AI start-up