FT News Briefing
FT News Briefing

Iran crisis sends European gas prices soaring

Mar 04, 2026 · 11m

<p>Gas prices have soared on the back of the war in the Middle East, and US president Donald Trump criticised some European nations for not being helpful in the conflict. Plus, the ongoing crisis is disrupting precious-metals trade, and China will unveil its five-year plan during the National People’s Congress meeting on Thursday.&nbsp;</p><br><p><strong>Mentioned in this podcast:</strong></p><p><a href="https://www.ft.com/content/50c54c51-7ea2-44af-a242-475c66057f07?accessToken=zwAAAZ1QNK72k89QxUxRfqJEr9OiQkdcZgV_B88Puq00uAFHctOzyW1rYfnj6tOWtB5kWjRHf9OrA9LaejpEPgE.MEYCIQDPks19D33lZmqUoSm7TFhoMFqR3QbRmuWfmBZ4RD4pCwIhAJnoWTzHtY_mOwUjBq9eyxPnjx4l2Oo0dgZH_FdiGWoY&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Trump threatens to cut trade with ‘terrible’ Spain and calls Starmer ‘no Churchill’</a></p><p><a href="https://www.ft.com/content/0fbaad34-b801-4772-b3c9-6d6b61f9e3ea?accessToken=zwAAAZ1QNK72k89QxUxRfqJEr9OiQkdcZgV_B88Puq00uAFHctOzyW1rYfnj6tOWtB5kWjRHf9OrA9LaejpEPgE.MEYCIQDPks19D33lZmqUoSm7TFhoMFqR3QbRmuWfmBZ4RD4pCwIhAJnoWTzHtY_mOwUjBq9eyxPnjx4l2Oo0dgZH_FdiGWoY&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">China’s cadres advocate end to …

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