Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaKharg Island: Iran’s oil lifeline that Trump has left untouchedTrump’s Venezuela strategy has failed in IranWhich economies will pay the biggest price for the Iran war?Farage misses out on Trump meeting as their relationship coolsG7 discuss joint release of emergency oil reservesUSUS HomeUS EconomyUS CompaniesUS Politics & PolicyKharg Island: Iran’s oil lifeline that Trump has left untouchedTrump’s Venezuela strategy has failed in IranWhich economies will pay the biggest price for the Iran war?Farage misses out on Trump meeting as their relationship coolsIran war will leave a complex geoeconomic legacyCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportKharg Island: Iran’s oil lifeline that Trump has left 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war will leave a complex geoeconomic legacyPimco sticks with bet on gilts despite market slumpClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersTrump’s Venezuela strategy has failed in IranIran war will leave a complex geoeconomic legacyAmerica chose this war — and must now choose how to end itStagflationary forces are buildingWhy it’s time to end the grim march of the touchscreenLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItWhy it’s time to end the grim march of the touchscreenYou can turn this to your advantage if every news story has ‘tax exile’ in itBusiness school professors’ picksLife & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterHow to wear a tie: HTSI’s definitive guideWine storage is emerging from the cellarThe new food fad sweeping KoreaFlip it and reverse it: the enduring fun of Jaeger-LeCoultre’s Reverso ‘Match of the century’ referee Lothar Schmid’s chess library up for auctionHow To Spend ItCompaniesTransportAirlinesShippingRailHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InAirlinesMuscat airport limits private jet flights as wealthy leave GulfOman base seeks to prioritise government and commercial relief services as attempts to reopen other centres falterIndonesian economyThe ‘economic heroes’ driving IndonesiaA merger between two big ride-hailing companies could make life harder for driversMiddle East warUS agency to create $20bn reinsurance facility for Gulf shippingDevelopment Finance Corporation to offer coverage in hopes of restarting shipping through Strait of HormuzMiddle East warShips in Gulf declare themselves Chinese to dodge attackAt least 10 vessels have changed transponder messages in apparent attempt to avoid becoming targetsAirlinesEmirates to restore all Dubai routes in ‘days’ as Gulf air travel returnsEtihad will also resume scheduled services as Lufthansa sees higher demand for direct flights to Asia and AfricaShippingThe billionaire ‘buccaneer’ braving the Strait of HormuzGeorge Prokopiou’s Dynacom is one of the few legal operators willing to sail to and from the GulfTravel & leisure industryCan the Gulf still act as an airline hub for the world?All regular flights at the three hubs of Dubai, Abu Dhabi and Doha remain suspendedShippingIndustry doubts Trump plan to insure Gulf oil tankers as Iran war halts transitUS lacks firepower to provide $350bn in coverage needed to revive Strait of Hormuz transits, JPMorgan saysAirlinesEurope-to-Asia air travel squeezed into narrow corridor after drone attackDrone attack on Azerbaijan puts further pressure on western airlinesContainer shippingMiddle East conflict strands ships with cargoes of fresh food and live animalsShipping companies struggle to reroute vessels as disruption starts to cause congestion at ports outside the GulfAirlinesJet fuel prices soar as Iran war squeezes supplyMore flights resume across Middle East despite some refuelling disruptions in OmanInsuranceGulf insurance costs soar 12-fold despite Trump guaranteeShipowners quoted millions of dollars in premium as brokers grapple with riskMiddle East warDubai evacuation costs rise as high as $250,000 as more families fleeIncreasing number of expats and employees are deciding to leave the city as regional conflict escalatesGoldGold and silver flows disrupted as Iran war grounds flightsDubai is key shipping hub for precious metals from Africa and Europe to AsiaShippingMaritime and ports businesses push for global shipping climate dealAlmost 90 international groups back ‘certainty’ on carbon levy opposed by USMiddle East military briefingMilitary briefing: how Iran could wage a new ‘tanker war’Attacks in the Strait of Hormuz echo the 1980s conflict. Here are the weapons Tehran can use against commercial shippingShippingUK lifts Russia-linked sanctions on British accountantJohn Michael Ormerod was added to UK sanctions lists as part of attempts to disrupt Russia’s shadow fleet of vesselsMiddle East warMiddle Eastern airlines start to fly stranded passengers out of GulfUK and French governments prepare to repatriate vulnerable nationalsCK Hutchison Holdings LtdBlackRock-backed group pushes to close ports deal without Panama assetsMove comes after Central American country ejected Hong Kong-based CK Hutchison from canal terminalsAirlinesLex. Airlines’ healthy finances will be tested by Middle East conflictCarriers have enjoyed strong demand and cheap fuel but escalating tensions threaten bothAirlines‘Half of Dubai is booking’: expatriates drive to Oman and Saudi Arabia to find flightsCharter operators vie to secure slots in Muscat as airports in UAE and Qatar remain constrainedUS politics & policyCan the US build ships again?Not if Trump refuses to follow his own administration’s best adviceRana ForooharMiddle East warHow western navies can keep the Strait of Hormuz openAlthough the narrow waterway is easy for Iran to block, playing offence could prevent global economic repercussionsJames HolmesTravel & leisure industryAir travel heavily disrupted following Iranian strikesTens of thousands of travellers left stranded while businesses ask staff to work from homeShippingInsurers to cancel policies and raise prices for ships in Gulf and Strait of HormuzBrokers say cost of cover to increase by as much as 50% after conflict eruptsMuscat airport limits private jet flights as wealthy leave GulfThe billionaire ‘buccaneer’ braving the Strait of HormuzThe ‘economic heroes’ driving IndonesiaShips in Gulf declare themselves Chinese to dodge attackUS agency to create $20bn reinsurance facility for Gulf shippingJoin us at an FT Live eventFT LiveScaling Seamless Air TravelFT LiveFuture of the CarExplore all eventsHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In
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