Oil prices rise ahead of Trumps Iran deal deadline

Jemma Crewand Faarea Masud,Business reporters EPA/Shutterstock US President Donald Trump has said countries doing business with Iran will face a 25% tariff on trade they do with America. It comes as Iran cracks down on anti-government protests, with thousands of people feared dead. Trump has used the threat of tariffs before to exert pressure on…

Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. G7 finance ministers said they would take the “necessary measures” to tackle the surge in oil prices but stopped short of agreeing on a release of strategic petroleum reserves after an emergency meeting on Monday. In…

Pritti Mistry,Business reporter and Marc Ashdown,Business correspondent Getty Images Nature is not a blocker to housing growth and the government risks missing both its housing and nature targets if it views it as one, a cross-party group of MPs has warned in a new report. The Planning and Infrastructure Bill overrides existing habitat protections, which…

Chinese online retail giant AliExpress has been fined a record €550m (£467m) by the EU for allowing the sale of illegal products such as unsafe toys and fake clothes. The European Commission said AliExpress has fallen short of its legal obligations “diligently assess” the risk of illegal, unsafe or fake goods on its platform. “The…

Employers will have to publish salary information in job adverts under government plans to rewrite anti-discrimination laws. Details of other job conditions could also have to be disclosed to candidates, under the draft proposals. Ministers argue greater transparency will help people navigate the jobs market and could prevent future pay discrimination claims. However, details of…