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On the same story, the Financial Times reports that BP has rejected calls for a one-off tax on profits to help households and energy-intensive industries to cope with higher fuel bills. Its chief executive Bernard Looney said an additional tax would divert revenues away from projects to boost gas supplies and produce low-carbon energy.

Financial Times Front Page 6th of April 2026

Trump warned Tehran to reopen the Strait of Hormuz or face US military action against infrastructure, including power plants and bridges, following the rescue of a US F‑15 airman. Washington said the aim is to protect shipping and energy supplies, while urging partners to press for de‑escalation.

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Financial Times Front Page 4th of April 2026

A US fighter jet was downed over Iran, sparking a search for its two-person crew; one has been rescued. Iranian state-linked reports said local forces brought it down. The US president condemned the incident and urged raising defence spending to $1.5tn.

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Financial Times Front Page 3rd of April 2026

Starmer pivots towards closer EU alignment after Trump’s remarks strained trust. He seeks a defence and economic pact to bolster Western security and growth, prioritises a summer summit, aims to help reopen a key maritime strait, and signals he will resist US pressure where UK‑EU interests align.

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Financial Times Front Page 2nd of April 2026

Starmer sets a tilt to Brussels, seeking deeper UK‑EU cooperation on defence and the economy after Trump’s comments strained trust. He wants deals at a summer summit, coordination to secure key shipping lanes, and says Britain will resist US pressure where interests diverge.

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