President Trump's fluctuating stance on diplomatic solutions with Iran and escalating threats to energy infrastructure are directly impacting global oil and gas prices and market stability, while nations strategize to reduce energy dependencies and deal with the economic fallout.

• Trump plays up prospect of diplomatic end to Iran war — Financial Times -
• Trump Sets Up ‘Pax Silica’ Fund to Reduce Global Dependencies — The New York Times Business -
• FirstFT: Donald Trump backs off threat to strike Iranian energy infrastructure — Financial Times -

• Traders placed $580mn in oil bets ahead of Trump post on Iran talks — Financial Times -
• Opinion | Hawks and Doves Got Iran Wrong — Wall Street Journal -
• Energy & Utilities Roundup: Market Talk — Wall Street Journal -
• Markets rebound after Trump postpones attack on Iranian energy — Financial Times -
• Trump Faces Blowback on Easing Iran Oil Sanctions — The New York Times Business -
• Stocks Bounce as Trump Backs Off Iran Infrastructure Threat — The New York Times Business -
• Can Trump do a deal with Iran? — Financial Times -
• Iran contradicts Trump and says no direct talks to end war — Financial Times -
• US to pay Total $1bn to switch from wind to oil and gas development — Financial Times -
• Anti-terror police investigate antisemitic arson attack on London charity — Financial Times -
• France’s TotalEnergies Walks Away From U.S. Offshore Wind in Boost to Trump’s Push Against Windpower — Wall Street Journal -
• Iranian attacks on Strait of Hormuz an ‘act of terrorism’, says Adnoc head — Financial Times -
• For Western Oil Companies, War in Iran Means Bigger Profits, and Risks — The New York Times Business -
• Pakistan steps up as go-between in Trump’s Iran crisis — Financial Times -
• Opinion | In Marriage and War, It’s Better to be Smart Than Right — Wall Street Journal -
• U.S. Energy Secretary Wright Says Oil Price Rise Hasn’t Destroyed Demand — Wall Street Journal -
• China Eases Planned Increase to Gas Prices for 300 Million Drivers — The New York Times Business -
• Energy Attacks in War on Iran Could Turn Economic Shock Into Long-Term Damage — The New York Times Business -
• U.S. Natural Gas Falls on Trump’s Post About U.S.-Iran Talks — Wall Street Journal -
• Markets Rally as Trump’s Iran Deadline Is Deferred — The New York Times Business -
• FirstFT: Stocks fall on Trump’s Iran ultimatum — Financial Times -
• Sinopec Says Has Enough Oil Inventory to Ensure Stable Production for Now — Wall Street Journal -
• Ministers cannot wish away higher costs by blaming ‘profiteering’ — Financial Times -
• Goldman Lifts Oil Price Forecast on Longer Hormuz Disruption — Wall Street Journal -
• China battery trio gain $70bn as Iran war sparks ‘paradigm shift’ — Financial Times -
• Trump’s Iran playbook was written in the 1980s — Financial Times -
• Iran war is a risk to the flow of Gulf funds around the globe — Financial Times -
• London police chief warns of ‘sustained threat’ from Iranian state plots — Financial Times -
• America keeps bailing out Trump — Financial Times -
• The pro-regime ‘caravans’ taking control of Iran’s streets — Financial Times -
• Military briefing: the high cost of using fighters to down Iranian drones — Financial Times -
• Piles of wheat and canned food stuck in transit as Iran war disrupts aid — Financial Times -
• Trump, Tehran Exchange Threats — Wall Street Journal -
• In Dubai, the World’s Luxury Brands Face a Wartime Crisis — The New York Times Business -
• Iranian Missile Strikes Are Costing Big Oil Billions in Lost Revenue — Wall Street Journal -

The business landscape is marked by significant acquisition activity with Gilead Sciences' planned purchase of Ouro Medicines and Estée Lauder's talks with Puig, while major investments from Berkshire Hathaway and Italy's Postal Service bid for Telecom Italia reshape key sectors.

• Gilead Sciences to Buy Ouro Medicines, Collaborate With Galapagos on Purchased Assets — Wall Street Journal -
• Italy’s Postal Service Makes $12.50 Billion Bid for Telecom Italia — Wall Street Journal -
• Estée Lauder in talks to combine with Jean Paul Gaultier owner Puig — Financial Times -

• Estée Lauder in Talks to Acquire Spain’s Puig to Create Global Beauty Giant — Wall Street Journal -
• Gilead nears up to $2bn deal for autoimmune biotech — Financial Times -
• Danone to Buy Protein-Shake Maker Huel for $1.2 Billion — Wall Street Journal -
• Tripadvisor Adds New Directors as Part of Deal With Activist Starboard — Wall Street Journal -
• Victory Capital Rejects Reports of Client Pushback in Bid for Janus Henderson — Wall Street Journal -
• Berkshire Hathaway to Acquire $1.8 Billion Stake in Japan’s Tokio Marine — Wall Street Journal -
• Delivery Hero to Sell Taiwan Business to Grab — Wall Street Journal -
• Berkshire Hathaway to take $1.8bn stake in Tokio Marine — Financial Times -

LaGuardia Airport's runway collision caused a significant ground stop, highlighting airport safety concerns, while new deployments of ICE agents at U.S. airports raise questions about travel security and efficiency.

• LaGuardia Airport Reopens After Deadly Runway Collision — Wall Street Journal -
• Here’s the latest. — The New York Times Business -
• ICE Agents Are Now Patrolling U.S. Airports. Here’s What to Know. — The New York Times Business -

• Flights Grounded at LaGuardia Airport as New York Fire Department Responds to Incident — The New York Times Business -

AI's expanding influence is seen in Nvidia and Emerald AI's partnership for new AI factories and OpenAI's strategic leadership hires, though concerns about AI's potential to intensify wealth inequality and EU's regulatory approach persist.

• Opinion | The EU Trips Itself Up in the AI Race — Wall Street Journal -
• Apollo caps investor withdrawals from flagship private credit fund — Financial Times -
• Nvidia, Emerald AI Partner With Power Companies on New AI Factories — Wall Street Journal -

• OpenAI Taps Former Meta Executive to Lead Ad Push — Wall Street Journal -
• Larry Fink warns AI may intensify wealth inequality — Financial Times -

The UK government is addressing surging energy prices with potential household support and finalizing its defense plan, as economists debate the trajectory of interest rates amid high gilt yields and calls for energy profit caps.

• Starmer says UK government ‘finalising’ defence plan, but no date yet — Financial Times -
• Markets wrong on UK interest rate rises, say economists — Financial Times -
• UK looks at supporting vulnerable households after surge in energy prices — Financial Times -

• UK reviews free childcare thresholds as spending hits £9bn — Financial Times -
• Gilt yields surge to highest level since 2008 — Financial Times -
• Gilts: blame the hedge funds? — Financial Times -
• Starmer to bring forward EU rules legislation in King’s Speech — Financial Times -
• UK home insurers to lose money on underwriting in 2026, analysis predicts — Financial Times -
• Starmer adviser calls for temporary UK energy profit cap — Financial Times -

President Trump's administration is making various diplomatic overtures, including a White House invitation to Belarus's president, while domestic policy sees new limits for Pentagon journalists and bipartisan efforts to ban sports bets on prediction markets, alongside European political shifts in Italy and France.

• Pentagon Adopts New Limits for Journalists After Court Loss — The New York Times Business -
• Lawmakers Introduce Bipartisan Bill Banning Sports Bets on Prediction Markets — Wall Street Journal -
• The other Trump foreign adventure — Financial Times -

• Giorgia Meloni loses justice referendum — Financial Times -
• Warren Requests Information From MrBeast About Crypto and Children — The New York Times Business -
• US warns EU to pass trade deal or risk losing ‘favourable’ access to LNG — Financial Times -
• Netanyahu is gambling with Israel’s future — Financial Times -
• US looks to invite Belarus president Lukashenko to White House — Financial Times -
• Slovenia’s liberal premier claims narrow victory over Trump ally — Financial Times -
• Lionel Jospin, former French Socialist prime minister, dies at 88 — Financial Times -
• EU to clinch trade deal with Australia after eight years of talks — Financial Times -
• Danish PM rides Trump Greenland row into election resurgence — Financial Times -
• ‘It’s always Putin’ behind every EU migration crisis, official says — Financial Times -
• How Orbán’s oligarchs reaped billions in public contracts — Financial Times -
• Merz’s reform drive put at risk after vote in western state — Financial Times -
• Trump risks getting bogged down in legal action over new tariffs — Financial Times -
• France’s far right notches up mixed results in local elections — Financial Times -

Major investments are being made by Toyota in U.S. operations, and Tesla and SpaceX plan a new chip factory in Texas, contrasting with Hyundai's recall of SUV models due to a fatal seat defect.

• Hyundai SUV Seat Defect Leads To Recall After One Child’s Death, Four Injuries — Wall Street Journal -
• Toyota to Invest $1 Billion in Kentucky, Indiana Operations — Wall Street Journal -
• Tesla, SpaceX Plan to Build New Chip Factory in Texas — Wall Street Journal -

Diverse trends include the expansion of America's oldest steakhouse, Delmonico's, challenges faced by vertical farming ventures, and shifts in the media landscape with veteran podcasters bowing out, alongside the death of OnlyFans owner Leo Radvinsky.

• What Will Entertain Us in the Year 2046? — Wall Street Journal -
• America’s Original Steakhouse Is Expanding—After Nearly 200 Years — Wall Street Journal -
• Scramble for Jet Fuel Shows How Energy Shortages Are Rippling Across Asia — The New York Times Business -

• OnlyFans Owner Leo Radvinsky Dies at 43 — Wall Street Journal -
• How Epstein Helped Solve a Billionaire’s Problems With Women — The New York Times Business -
• David Simon, Mall King Who Was Both Feared and Admired, Dies at 64 — Wall Street Journal -
• Vertical Farms Tried to Compete With Open Field Farming. It Isn’t Going Well. — The New York Times Business -
• The politics of cricket in Pakistan — Financial Times -
• Jeff Webb, Who Built a Competitive Cheerleading Empire, Dies at 76 — The New York Times Business -
• The Veteran Podcasters Hanging Up Their Headphones — Wall Street Journal -
• Ads Are Popping Up on the Fridge and It Isn’t Going Over Well — Wall Street Journal -
• 5 Country Hotels Where You Can Celebrate Spring — The New York Times Business -
• Can David Ellison pull off Hollywood’s megamerger? — Financial Times -
• Memo from Paris: controversy and gastronomy at France’s biggest farm show — Financial Times -
• Introducing Untold: Opus Dei — Financial Times -
• BTS Is Back With ‘Arirang,’ but the K-Pop Landscape Has Changed — The New York Times Business -
• The Economy Cabin on Airplanes Keeps on Shrinking — Wall Street Journal -

Discussions around the impact of corruption on markets and critiques of the WTO's weakened state are prominent, while investor withdrawals from private credit funds and fluctuations in gold prices reflect market uncertainties.

• Musk verdict suggests US shareholders are stepping into the regulatory void — Financial Times -
• Economics for the real world — a provocative new playbook, plus India’s growth story — Financial Times -
• Opinion | California’s Real Problem Is Failed Governance — Wall Street Journal -

• Thanks for playing gold — Financial Times -
• When does corruption have an impact on markets? — Financial Times -
• How attacks on ‘most-favoured nation’ weaken the unfavoured WTO — Financial Times -
• Wall Street’s big private capital problem — Financial Times -
• UK energy supplier flags growing debt burden as Iran conflict drives up prices — Financial Times -
• Crackdown or land grab? The Asian leader targeting resource companies — Financial Times -