When Ali Khamenei was nominated by senior clerics to replace Ayatollah Ruhollah Khomeini as Iran’s supreme leader in 1989, he insisted he was underqualified. Khamenei, who has died at the age of 86 after joint US-Israeli air strikes on Saturday, told the clerics of the Assembly of Experts that one had “to really weep for … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Iran’s state television has confirmed that the country’s longtime supreme leader Ayatollah Ali Khamenei was killed on Saturday, hours after the US and Israel pounded the Islamic Republic with air strikes and urged … Read more
Debris from an intercepted drone attack near Dubai’s Burj Al Arab caused a fire to break out on the hotel’s outer facade, authorities said. No injuries were reported in the incident, according to the Dubai Media Office. The fire has been brought under control, it said. The statement came after videos on social media showed … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US is not considering releasing oil from its strategic petroleum reserve, signalling Washington believes any surge in prices following its attack on Iran will be limited. There have been “no discussions at … Read more
A luxury hotel in Dubai was left in flames on Saturday after Iranian missiles and drones peppered targets across the Gulf states when the Islamic republic retaliated against its US-allied neighbours. An apparent drone strike at the Fairmont The Palm Hotel on Dubai’s Palm Jumeirah sparked a fire and caused panic on the man-made island … Read more
Benjamin Netanyahu has spent most of his career pledging to stop Iran acquiring nuclear weapons. On Saturday, the Israeli prime minister and US President Donald Trump embarked on a bigger campaign: overthrowing the regime of Iran’s supreme leader Ayatollah Ali Khamenei. At about mid-morning in Tehran, US and Israeli forces launched a wave of strikes … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A primary school in southern Iran was struck during Saturday’s joint US-Israeli military operation, killing at least 85 people who were mostly schoolgirls, according to Iranian authorities. The attack came as the US and Israel … Read more
Just months ago, US President Donald Trump said Iran’s nuclear programme was “obliterated”. Just this week, he told the US Congress his preference was to “solve this problem via diplomacy”. And just last night, he told reporters in Washington that while he “wasn’t thrilled” that Iran would not cave to his demands, the talks would … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Insurers told ship owners on Saturday they would cancel policies and raise coverage prices for vessels travelling through the Gulf and Strait of Hormuz after the US and Israel attacked Iran. War risk insurers on … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Berkshire Hathaway’s new chief executive Greg Abel on Saturday said that he was committed to retaining the $1.1tn conglomerate’s fortress-like balance sheet, and that its massive cash holdings did not signal a retreat from dealmaking. … Read more