Iran war tests China’s oil stockpile

<p>The FT’s Gideon Rachman explains what the Strait of Hormuz’s closure means strategically for Iran, Italy’s UniCredit has launched a €35bn takeover offer for Commerzbank and China’s oil stockpile is put to the test as the strait&nbsp;remains closed. Plus, scientists have identified a potential new type of planet.</p><br><p><strong>Mentioned in this podcast:</strong></p><p><a href="https://www.ft.com/content/175a9a69-4026-4680-9d9f-14ead972f5b1?accessToken=zwAAAZ2SN_2flc8XWpppQCZGgNOdnxTq2XL1sdOVC5GHRblGTNOdNGrWZ7A1JdOv7Xg8sHZNqdOyKeO8BVvbh9OrhgFIbTlAO9OoEKkGvZzkFM8rw6BDrO5C6NOV-4GaTZ7tjQE.MEYCIQCsVdaWgh8HwXj4Clq1NBg7cyabBMyPZIxg7Uj0pPlsmQIhAM1THejEVle6ZiYQkV63gJBtUf81zdt4epsES6VZy0q1&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Why Hormuz will haunt us long after this war ends</a></p><p><a href="https://www.ft.com/content/ab860148-6d39-403b-a810-a906bd9ce414?accessToken=zwAAAZ2SN_2flc8XWpppQCZGgNOdnxTq2XL1sdOVC5GHRblGTNOdNGrWZ7A1JdOv7Xg8sHZNqdOyKeO8BVvbh9OrhgFIbTlAO9OoEKkGvZzkFM8rw6BDrO5C6NOV-4GaTZ7tjQE.MEYCIQCsVdaWgh8HwXj4Clq1NBg7cyabBMyPZIxg7Uj0pPlsmQIhAM1THejEVle6ZiYQkV63gJBtUf81zdt4epsES6VZy0q1&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Biggest Nato allies reject Trump’s Hormuz armada demand</a></p><p><a href="https://www.ft.com/content/950b9187-45b9-464c-9d34-6ad667b03525?accessToken=zwAAAZ2SN_2flc8XWpppQCZGgNOdnxTq2XL1sdOVC5GHRblGTNOdNGrWZ7A1JdOv7Xg8sHZNqdOyKeO8BVvbh9OrhgFIbTlAO9OoEKkGvZzkFM8rw6BDrO5C6NOV-4GaTZ7tjQE.MEYCIQCsVdaWgh8HwXj4Clq1NBg7cyabBMyPZIxg7Uj0pPlsmQIhAM1THejEVle6ZiYQkV63gJBtUf81zdt4epsES6VZy0q1&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">UniCredit launches …