President Emmanuel Macron lays out nuclear doctrine of ‘forward deterrence’

Although the narrow waterway is easy for Iran to block, playing offence could prevent global economic repercussions

In moments of extreme uncertainty investors usually rush to the safety of US government bonds, but not this time

Shia militant group strikes northern Israel for first time since 2024, triggering retaliatory offensive

Hit to Chinese EV champion marks striking change from years of largely uninterrupted growth

Drop reflects uncertainty among homebuyers around chancellor Rachel Reeves’ November Budget

Charter operators vie to secure slots in Muscat as airports in UAE and Qatar remain closed

Keir Starmer needed to let US use UK military bases for attacks but handling conflict’s wider impacts will be tricky

Bank among lenders to have identified issues with Market Financial Solutions after other high-profile failures

Fears mount that outflows may soon overwhelm inflows to some of largest players

Saudi Arabia also closes an oil refinery after strike

US president’s Pentagon has been busier during the past 12 months than nearly his entire first presidency

Oil price surges and stocks fall as conflict intensifies

A dispatch from the Iranian capital, where the prevailing mood is one of fear and shock

Islamic republic launches ‘drizzle’ of missiles and drones against Israel while firing barrages at targets around the Gulf

Under fire from US and Israeli jets, the Islamic republic’s leaders turn to succession

British prime minister gives green light to Washington to utilise facilities including Diego Garcia

The US president’s goal of regime change augurs immense regional chaos

Analysts say Iran conflict likely to increase cost of crude by 5-15% when markets reopen on Sunday

While there are buffers of supply, spare capacity will come under pressure in the event of any further escalation

Conflict has exposed how much growth depends on energy supplies through the Strait of Hormuz

The US president has not understood the lessons of past wars for regime change in Iraq and Afghanistan

Tens of thousands of travellers left stranded while businesses ask staff to work from home

US president has transformed from an isolationist to a fierce exponent of American power abroad