International - Financial Times - Credit Squeeze

Finance ministers pledge ‘necessary measures’ to tackle surging crude prices with deal expected as soon as Tuesday

UK chancellor pledges to be ‘responsive’ to rising living costs but any support would come against difficult fiscal backdrop

The UK and EU must raise their game on power security

Conservatives have called for chancellor to halt planned rise in fuel duty

Iran war expected to derail easing plans as policymakers learn from inflation caused by Russian full-scale invasion of Ukraine

American consumers will feel pain at the petrol pump, but US is a net energy exporter unlike its European allies

Same, but bigger

The Strait of Hormuz is vital for oil and related products but not a critical shipping thoroughfare

Also in today’s newsletter: the discovery of a ‘narco-ledger’ in Mexico and has China ended poverty?

A weakening US labour market and financial strains come as the Iran war and surging oil prices spark concerns about inflation pressures

Markets suggest the ramifications are likely to drag on and spread

Significant reforms required to halt breakdown of rules-based order, says British government

BMW and Rheinmetall push for joint purchasing of raw materials to reduce reliance on China

Beijing’s export offensive could be more destabilising than Trump’s tariffs

Inflation and Q4 GDP updates, results from Lego and Oracle, and ‘Wealth of Nations’ reaches 250th anniversary

Humanity’s pursuit of speed drives progress, but eliminating delay has risks

Market questions is the FT’s guide to the week ahead

Oil price surge and a softening labour market complicate US central bank’s ability to boost output while containing inflation

Foreign minister Wang Yi says Beijing ‘positive and open’ on this month’s summit between US and Chinese presidents

‘Finfluencer’ Megan Archer-Fox has cleared £40,000 of credit card debt, urging others to drop the shame and secrecy