Is there any precedent for charging for use of an international waterway even if they are territorial waters like the Strait of Hormuz? John-Paul Rathbone and I had a look at the history books (the answer: not quite) as.ft.com/r/497666f2-c...

Just four ships crossed through the Strait of Hormuz yesterday, down from 11 the day before, despite the ceasefire announcement. “It is a waiting situation," say shipping execs More here w/ @financialtimes.com colleagues ⬇️ www.ft.com/content/0ce6...

Iran has said that it will charge a $1 per barrel tax for oil tankers to pass through the Strait of Hormuz during the ceasefire. Payments to be made in crypto "ensuring they can’t be traced or confiscated due to sanctions" www.ft.com/content/02ae... w/ @financialtimes.com colleagues

Breaking news: The UK will host talks this week aimed at forming a coalition to reopen the Strait of Hormuz, as countries respond to Donald Trump’s threat to wind down the Iran conflict without securing the vital waterway ft.trib.al/TwuNXLp

Donald Trump has told the FT he wants to “take the oil in Iran” and could seize the export hub of Kharg Island, as the US sends thousands of troops to the Middle East. www.ft.com/content/3bd9...

Spare a thought for the seafarers who are still in the Gulf four weeks on... www.ft.com/content/2dab...

The United Arab Emirates — which has a relatively small but modern navy — is trying to push dozens of countries to form a coalition to ensure shipping is able to pass through the vital Gulf waterway. ft.trib.al/LFZ13CH

Iran seeks tight controls on traffic through strategic Strait of Hormuz ft.trib.al/rnrlaCJ

Ships are forgoing cargo to carry fuel as Iran war sends prices of bunker fuel soaring and brings shortage risks to Singapore. Fuel price increases have added almost $5bn in extra costs to shipping since February 28 🔽 as.ft.com/r/7341b78f-9...

At least the supercars are getting through... Great story from Kana Inagaki @financialtimes.com www.ft.com/content/38ce...

Has the war in Iran enabled the shadow fleet as the US eases sanctions? At least 15 Iranian oil tankers have passed through the Strait of Hormuz since Feb 28, earning Iran possibly around $140mn a day. Our interactive deep dive: ig.ft.com/shadow-fleet/ @nassosstylianou.bsky.social & Lucy Rodgers

Iran says ‘non-hostile’ ships can transit Strait of Hormuz ft.trib.al/BoCgWPr

Iran is letting western grain ships through Hormuz to shore up its food supply. The vessels have offloaded at the port of Imam Khomeini in the north of the Gulf. @financialtimes.com as.ft.com/r/166d0283-5...

The Iran war has caused the gravest energy shock of all time, the head of the International Energy Agency warned, adding that it could take six months or longer to fully restore oil and gas flows from the Gulf. www.ft.com/content/0952...

The perils of the Hormuz escort plan: 8-12 destroyers would be needed, plus F-15, F-16 or F-18 fighter jets but one of the key assault ships is still at least week away and tanker owners are not convinced. Briefing with Steff Chavez ⬇️ www.ft.com/content/bb6a...

The US has explored tying naval escorts in Strait of Hormuz to its government insurance scheme Top scoop from FT colleagues in US and London as.ft.com/r/df1ecd2b-c...

The Iran war has turned container shipping into a “wild west”, with carriers quadrupling fees, suspending bookings, and invoking 19th-century rules allowing them to dump containers at far-flung ports. Read the full story from @alicemhancock.bsky.social on #FTEdit 👉 ft.trib.al/ZomIXZk

Iran conflict turns shipping market into ‘wild west’ ft.trib.al/I3UuDpY

IMO chief Arsenio Dominguez says that naval escorts will not guarantee safe passage for ships. Its "not a long term or sustainable solution". Interview ⬇️ www.ft.com/content/5a47... @financialtimes.com

I called Trump and he picked up.. Has Nato and the UK in his sights again www.ft.com/content/1ca6...

India’s foreign minister told the FT that negotiations between New Delhi and Tehran, which allowed for two Indian-flagged gas tankers to pass through the Strait, were an example of what diplomacy could achieve. ft.trib.al/jYLdXF0

Lithium-ion battery fires are endangering already fragile supply chains, the head of America's largest port has warned. Why? Because there is no solution yet to put them out. Interview ⬇️ www.ft.com/content/50dc...

Oil tankers trapped in the Gulf are "sitting ducks", as they wait for any news of a naval escort or a way out amid increasing attacks from Iran. At least 18 ships have been attacked during conflict so far. www.ft.com/content/f451... with @henryjfoy.ft.com & Jamie John

New: China has called in shipping company executives (Maersk and MSC) to complain about additional charges and suspension of services to the Gulf. Top scoop from the @financialtimes.com China team as.ft.com/r/d2691fa3-9...

The Middle East conflict has left ships stranded with cargoes of fresh food and live animals - and shipping companies scrambling to find ports to take them to. Ports likely to face congestion soon include hubs Singapore and Colombo: www.ft.com/content/2673...

Exclusive from @financialtimes.com colleagues: Gulf insurance costs soar 12-fold despite Trump's commitment to offer insurance and guarantees "at a very reasonable price" www.ft.com/content/865d...

Late posting this but for my last hurrah to the EU climate beat with @bmoens.bsky.social ... What happens when you thought you had a first mover advantage and then laggards press to slow the transition? www.ft.com/content/1f60...

💥 EU in talks to expand its Aspides Red Sea naval mission to protect vital LNG shipping through the Strait of Hormuz from Iranian attack, people familiar with the discussions among ministers and military officials tell @bmoens.bsky.social & I www.ft.com/content/91ca... @financialtimes.com

❗️I’ve moved job ❗️ From today, I’ll be covering global shipping and industry still for the @financialtimes.com Quite a week to start covering shipping so very open to any tips, tricks and guidance: [email protected] I’ll be returning from Brussels to London as of April 🇬🇧

My @financialtimes.com colleagues + I looked closely at Italy's energy reform plan, why its likely to be rejected by @ec.europa.eu + how it may backfire otherwise... insights from @carlostagnaro.bsky.social @eccoclimate.bsky.social + others. as.ft.com/r/3c2eee10-0... w/ @alicemhancock.bsky.social

On the eve of the 4th anniversary of Russia’s full-scale invasion, Volodymyr Zelenskyy told @financialtimes.com Russia and Ukraine are at the “beginning of the end” of Europe’s biggest war since WWII, but urged Trump to see through Putin’s negotiating “games”. Free link: as.ft.com/r/9b99f21a-e...

💥 Hungary has blocked an already-agreed €90bn EU loan for Ukraine aimed at stabilising the war-torn country’s finances, just days before the fourth anniversary of Russia’s full-scale invasion by @paolatamma.bsky.social & @alicemhancock.bsky.social as.ft.com/r/58172ba2-b...

Some good numbers here from @jburnmurdoch.ft.com on Britain's underlying productivity and growth problems.

‼️The EU is planning to force 70% of subsidised EVs to be made in Europe, per a draft of the upcoming Industrial Accelerator Act. Details here 🔽 www.ft.com/content/02be...

✈️✈️ latest: Air France-KLM has warned that it will have to halve its Asia routes as a result of EU climate policy and calls for a protective "SAF-BAM" to level the playing field. www.ft.com/content/c275...

Europe must avoid a “war” between member states and Brussels over speed of deregulation and competitiveness issues, the Belgian PM has warned. On the ground from the Alden Biesen leaders’ retreat w/ @bmoens.bsky.social as.ft.com/r/2cf55296-0...

Only in @financialtimes.com: Sweden's PM hits back at Macron ahead of EU leaders' summit on the economy: “We need to be able to compete because of quality and because of innovation, not because we try to protect European markets," Ulf Kristersson said. as.ft.com/r/84409ac0-d...

EU capitals have to set aside national interests and finally tackle the bloc’s regulatory inertia, according to António Costa. He called on leaders to “give a very strong political message to their governments.” With @alicemhancock.bsky.social @henryjfoy.ft.com as.ft.com/r/aadb1088-2...

The head of the world's biggest chemicals company BASF has said that the EU's flagship emissions trading system is "obsolete" and must be reformed. Interview with Markus Kamieth @basf.bsky.social ahead of a major industry summit on Wed www.ft.com/content/226c...

Some Europeans have still not caught up to a world profoundly shaped by Chinas industrial policy. A lot of hard pushback on targeted buy-European because it would reduce European competitiveness and product quality. Reality, created by China, would disagree. 1/

What does it mean for something to be 'Made in Europe'? And will it push up costs for EU industries? Our long-read on Brussels' push to protect critical manufacturing from Chinese competition: www.ft.com/content/b92a... w/ @andybounds.bsky.social

The EU is struggling to get hold of the critical minerals it desperately needs, according to a new audit, which says that efforts to diversify are also faltering. The commission says that it’s too early to judge. as.ft.com/r/fb02e65f-a...

Fish are piling up at ports thanks to a bureaucractic new EU system per this fishy scoop from @andybounds.bsky.social www.ft.com/content/53a9...

The UN's development arm will work to drive more private finance into projects as it faces a reality of much less public funding for development aid, new UNDP chief @alexander-de-croo.bsky.social tells @lauramdubois.ft.com and I www.ft.com/content/0979...

_ @gideonrachman.bsky.social here on why for its own sake — and for the sake of the wider world — Europe needs to stand firm on Greenland. www.ft.com/content/2642...

France has called for the EU to use its strong trade weapon against the US in retaliation for Trump's tariff threats over Greenland. www.ft.com/content/1f1c...

💥 Brussels is drafting proposals to create a two-tier EU membership model that could fast-track Ukraine’s entry in any peace deal to end Russia’s invasion - a move that would overhaul the EU's accession system used since the cold war as.ft.com/r/a5f67afd-e...

"China’s enormous manufacturing capacity has lowered costs of solar power beyond the most ambitious projections of industry executives...But competition from China has also helped tip swaths of US and European industry into bankruptcy." www.ft.com/content/3749...

Q: How is the EU's single market integration going? A: Not excellently, according to new European Commission figures seen by @bmoens.bsky.social and I www.ft.com/content/fbc7...

Former Belgian energy minister Tinne van der Straeten has been announced new head of WindEurope. She speaks to @financialtimes.com with Henrik Andersen, CEO of Vestas about Trump stop-work orders and buy Europe clauses www.ft.com/content/2fbb...