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Financial TimesFriday, 10 April 2026
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Oil prices spike above $100 a barrel as shut strait strains fragile ceasefire
Iran keeps grip on Hormuz ● Netanyahu approves Lebanon talks ● US envoys head to Pakistan
The paper leads with the macroeconomic impact of geopolitical instability, prioritising the threshold-crossing of global oil prices while detailing the underlying diplomatic and military strains in the subheadlines.
Escalating tensions in the Middle East, including disruptions in the Strait of Hormuz and ongoing military actions in Lebanon, have choked global shipping routes, driving crude oil prices past a key psychological and economic threshold.
“shut strait strains fragile ceasefire”
“Macroeconomic realism”
Pressures on private credit laid bare as investors try to pull $20bn from funds
Focuses on systemic stress indicators within private financial markets and investor caution.
Professionals bank on trust to repel march of AI agents
Examines the defensive strategies of white-collar sectors facing automation.
Why Japan has no choice but to mollify Trump
Analyses Japanese foreign policy strategy through a pragmatic, realpolitik lens.
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