As insurance costs rocket for shipping in the Strait of Hormuz, Asian countries brace for an energy shock. The rapid expansion of American-owned data centres in the Middle East has opened up a new front for Iran’s retaliation against the US. Plus, Donald Trump fires the head of the US Department of Homeland Security, Kristi Noem, and the FT’s Joshua Franklin explains what JPMorgan wants with an historic New York City hotel.

Mentioned in this podcast:

Industry casts doubt on Trump plan to insure Gulf oil tankers as Iran war halts transit

Asia’s big economies brace for Iran war energy shock

Donald Trump fires controversial homeland security secretary Kristi Noem

Pakistan thwarts JPMorgan’s efforts to buy historic New York hotel

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted by Victoria Craig, and produced by Saffeya Ahmed and Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Michael Lello. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Israel expects war against Iran to last weeks and Ayatollah Khamenei’s son emerges as a leading candidate for supreme leader. Plus, the Federal Reserve grants crypto exchange Kraken access to its core payments system, inside the collapse of UK property lender Market Financial Solutions, and US Treasury secretary Scott Bessent says the new 15% tariff rate could start this week.

Mentioned in this podcast:

Ali Khamenei’s son Mojtaba emerges as a leading candidate for supreme leader of Iran

Gulf insurance costs soar 12-fold despite Trump guarantee

Federal Reserve grants Kraken access to payments system in first for crypto group

Collapse of UK property lender sends shockwaves through Wall Street

Scott Bessent says 15% global tariff ‘likely’ to be imposed this week

Send your tariffs stories to marc.filippino@ft.com

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Fiona Symon, Victoria Craig, and Henry Larson. Our show was mixed by Kelly Garry. Additional help from David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Gas prices have soared on the back of the war in the Middle East, and US president Donald Trump criticised some European nations for not being helpful in the conflict. Plus, the ongoing crisis is disrupting precious-metals trade, and China will unveil its five-year plan during the National People’s Congress meeting on Thursday.

Mentioned in this podcast:

Trump threatens to cut trade with ‘terrible’ Spain and calls Starmer ‘no Churchill’

China’s cadres advocate end to overtime to encourage people to have families

Brussels urges calm as Iran crisis sends European gas prices soaring

Gold and silver flows disrupted as Iran conflict grounds flights

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted by Victoria Craig, edited by Marc Filippino, and produced by Fiona Symon and Saffeya Ahmed. Our show was mixed by Kelly Garry. Additional help from Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.