The ongoing Iran war continues to influence oil prices and shipping through the Strait of Hormuz, with the US offering guidance for stranded ships and concerns about commodity shocks impacting carmakers, while European re-armament and UK/EU talks on Ukraine aid reflect broader defense realignments.

• Oil Prices Edge Down While Stock Futures Inch Up — The New York Times Business -
• US to ‘guide’ stranded ships out of Strait of Hormuz, says Trump — Financial Times -
• UK and EU to start formal talks on Ukraine loan scheme — Financial Times -

• US pullback on long-range missiles leaves Europe exposed — Financial Times -
• Trump says he is reviewing Iran peace plan but would consider new strikes — Financial Times -
• Trump’s strategy of accommodation with China is a historic mistake — Financial Times -
• OPEC Plus, in Symbolic Gesture, to Increase Oil Production — The New York Times Business -
• The silent treatment: Saudi Arabia’s long game for managing Opec — Financial Times -
• Will the Iran war amplify the ‘second China shock’? — Financial Times -
• US blocking tactics delay global shipping carbon levy talks — Financial Times -
• Inside the Swedish factory helping to re-arm Europe — Financial Times -
• Detroit carmakers warn of $5bn commodities shock due to Iran war — Financial Times -
• Investors pile into clean energy as Iran war drives push for energy security — Financial Times -
• Iran war accelerates ‘Regrexit’ as wealthy UK expats weigh a return — Financial Times -
• Standoff in Strait Has Wall Street, Stephen Colbert Glued to Tiny Blinking Ships — Wall Street Journal -

**GameStop is attempting to acquire eBay for $56 billion**, reflecting significant M&A activity, as attention also falls on Berkshire Hathaway's strategy under Greg Abel, Tim Cook's departure from Apple, and Sam Altman's leadership challenges at OpenAI.

• GameStop Is Offering to Buy eBay for $56 Billion, CEO Ryan Cohen Says — Wall Street Journal -
• Greg Abel leaves unanswered questions about Berkshire’s war chest — Financial Times -
• Opinion | We’re Going to Miss Tim Cook — Wall Street Journal -

• Banks seek to offload risk to avoid ‘choking’ on data centre debt — Financial Times -
• Francisco Partners in talks to buy payments company Moneris — Financial Times -
• The Lore of Sam Altman Is Being Tested Like Never Before — Wall Street Journal -
• Why co-CEOs might suit our tumultuous times — Financial Times -
• Everyone loves Nintendo — except investors — Financial Times -
• Canada’s TMX aims to spur mining listings boom in Australia — Financial Times -

The E.E.O.C. is investigating a discrimination claim at The New York Times, while British local elections are seen as a critical moment for Starmer, and the Trump administration faces scrutiny for its clampdown on wind farms and Department of Justice lawyer exodus.

• E.E.O.C. Investigating Discrimination Claim at The New York Times — The New York Times Business -
• British local elections set to be crucial moment for Starmer — Financial Times -
• Opinion | Turning the Golden Arches into a Golden Age — Wall Street Journal -

• Opinion | Who Sets Democratic Agenda: Bernie Sanders or Rahm Emanuel? — Wall Street Journal -
• Trump administration cites national security to widen clampdown on wind farms — Financial Times -
• Starmer ‘won’t accept deals’ to quit Number 10, allies say — Financial Times -
• America’s political identity crisis — Financial Times -
• Lebanon needs help to secure its economic recovery — Financial Times -
• Trump’s green new deal — Financial Times -
• US Department of Justice loses a quarter of its lawyers — Financial Times -
• MAHA Awaits Robert F. Kennedy Jr.’s Definition of Ultraprocessed Foods — The New York Times Business -
• UK backs away from funding pledge to protect nature overseas — Financial Times -
• Chicken wars ruffle feathers in Paris suburb — Financial Times -
• IMF criticises EU governments for ignoring energy subsidy warnings — Financial Times -
• Britain enters the era of seven-party politics — Financial Times -

Electric vehicle adoption is surprisingly doable in Costa Rica and other countries seeking to avoid oil price shocks, while the pioneering search engine Jeeves and Ask.com has shut down after nearly 30 years, and start-ups are challenging Apple's curbs on AI 'vibe coding' apps.

• Driving Electric in Costa Rica Is Surprisingly Doable — The New York Times Business -
• Jeeves and Ask.com Shut Down After Almost 30 Years — The New York Times Business -
• These Countries Embrace E.V.s to Avoid Oil Price Shocks — The New York Times Business -

• Start-ups challenge Apple over curbs on AI ‘vibe coding’ apps — Financial Times -

The demise of Spirit Airlines due to a fuel-price crunch is impacting the entire industry, with experts suggesting its absence could lead to higher fares for consumers.

• Opinion | Spirit Airlines and the Antitrust Left — Wall Street Journal -
• Spirit Airlines’ Demise Could Help Other Airlines — The New York Times Business -
• The Fuel-Price Crunch That’s Turning Into a Disaster for Airlines — Wall Street Journal -

The **'Devil Wears Prada' sequel is leading the box office with $77 million, fueled by nostalgia for decades-old pop culture, as actors reach a tentative deal with studios and streamers**, potentially averting future Hollywood labor strikes.

• ‘Devil Wears Prada’ Sequel Leads Box Office With $77 Million — The New York Times Business -
• Nostalgia Powers Big Debut for ‘The Devil Wears Prada 2’ — Wall Street Journal -
• Actors Reach Tentative Deal With Studios and Streamers — Wall Street Journal -

An unfortunate hantavirus outbreak aboard a cruise ship has resulted in three deaths, and a plane landing at Newark Airport caused damage to a tractor-trailer and a light post, though without serious injuries on board.

• Tractor-Trailer and Light Post Damaged as Plane Lands at Newark Airport — The New York Times Business -
• 3 Dead in Hantavirus Outbreak Aboard Cruise Ship, W.H.O. Says — The New York Times Business -