Test your knowledge of how oil prices have been affected by previous crises in the Middle East
CIA says strikes ‘severely damaged’ Tehran’s atomic programme
FT correspondents and guests answered subscriber questions on 25 June 2025
Trump should champion diplomatic efforts if he wants peace to endure
Leaked assessment casts doubt on Trump’s claims to have ‘obliterated’ facilities
Tehran’s humiliation won’t please Moscow, but domestic drone production and new alliances mean Vladimir Putin can fight on
The bombing of Iran suggests that a global role is a hard thing to give up
Businesses are reopening and residents returning to the city as shaky ceasefire brings an end to devastating 12-day conflict
Tehran expected to quickly implement proposal ending work with IAEA and suspending treaty commitments
Open source intelligence and social media posts gave market participants confidence to sell despite turmoil
US and Israeli campaign to defang Iran could herald a fresh era of instability for the region
Tel Aviv indices are best-performing markets in Europe, Middle East and Africa over past month
Even without regime change, the Israel-Iran war could profoundly reshape Iran
Israel claimed ceasefire that went into effect on Tuesday morning had been broken by Tehran
US president denounces violations of fragile truce by both sides
Tensions remain despite Trump’s claim to have ended the war
Even without toppling the regime, Israel and the US’s assault is set to bring sweeping change rivalling the 1979 revolution
Overseas workers moved to an oasis of prosperity and security in the region. Then the explosions started
Tehran could react to the war by withdrawing from the non-proliferation treaty and covertly pursuing a bomb
Tentative truce seeks to bring an end to destructive 12-day conflict that has reshaped Middle East
Potential policy U-turn comes hours after president declared peace in Middle East war
Also in today’s newsletter, the vibe at the Nato summit
Israel and Iran remain bitter enemies so this is more likely to be a pause in the fighting than a lasting peace
The Middle East conflict has again exposed how reliant Europe is on imported gas
Crude price swings in volatile trading after Israel warns of new missile fire from Iran