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Monday’s Financial Times leads with a story from Washington, where US Treasury Secretary Janet Yellen has deemed a move by Opec+ to cut oil production as “unhelpful and unwise”. Ms Yellen tells the paper that last week’s decision by the oil cartel is particularly concerning for poor nations which are already struggling with high energy prices. The story notes that the Biden administration has been “loudly critical” of the move, which has been backed by Saudi Arabia and Russia.

Financial Times Front Page 14th of May 2025

Beijing has voiced alarm over a proposed UK–US trade deal, warning that certain provisions could harm economic ties and urging London to reconsider its approach, as officials fear the agreement may overshadow any renewed cooperation with China.

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