The Magic Kingdom goes to war

Gulf oil producers have lost billions of dollars in energy revenues since the start of the US-Iran war, but there is one country benefiting: Russia. It is earning as much as $150mn a day in extra budget revenues from its oil sales. Plus, the FT’s defence and security corresponden ...  Show more

The International Energy Agency has launched the largest release of strategic oil reserves in its history, investors have sought shelter from the turmoil of the war in Iran in US tech stocks and US inflation held steady at 2.4 per cent in February. Plus, the war has threatened th ...  Show more

Disney accuses Ron DeSantis of organising a campaign of "government retaliation" as it launches a lawsuit against the Florida Governor and other state officials. Devina Gupta finds out how this court battle might play out. As UK Regulators block the multi-billion dollar deal betw ...  Show more

Sir Keir Starmer and shadow chancellor Rachel Reeves gave a pre-Davos interview to the FT before setting off to woo the global elite in Switzerland at the World Economic Forum in a remarkable turnround in Labour sentiment. Why were they going, with what message, while Prime Mi ...

It’s almost time to wave goodbye to the summer, but is Rishi Sunak also poised to bid farewell to some of his ministers? The FT’s Whitehall editor Lucy Fisher is joined by columnist Stephen Bush and political editor George Parker to discuss a cabinet shake up. Plus, the FT’s U ...

Cutting inflation and stopping small-boat migration are two of Prime Minister Rishi Sunak’s five core priorities, but there's no let-up in inflation or unhappiness with the government's policy on asylum seekers. George Parker, the FT’s political editor, discusses with economic ...