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So much economic conflict, so many feelings

Conflict has hit fertiliser costs in an agricultural sector already reeling from Trump’s trade war

John Phelan ousted after clashing with defence secretary Pete Hegseth

Asian buyers seeking western crude push bids five times greater than pre-conflict levels

CEO warns investors to expect ‘very significant’ spending increase on self-driving taxis, trucks, robots and chip factories

Request to Fifa is pitched as effort to repair US ties with country even as Iran says it is ready to participate

Pause may put a lid on full-blown war without stopping hostilities or easing energy crisis

Vitol, Trafigura and rivals expand credit lines in anticipation of prolonged disruption to global oil and gas flows

A third US carrier group and up to 10,000 elite troops expected in region by end of month

The Babylonians had debt defaults. The S&L scandal led to 2008. What else does the past tell us?