Hungary’s Orbán concedes defeat as opposition heads for landslide win
Péter Magyar’s Tisza party was projected to win 136 out of 199 seats, giving it a two-thirds majority
Iran dismisses Trump’s threat to block strait
Oil prices expected to rise as Trump tells US navy to ‘interdict’ ships that pay Iran to pass through strategic chokepoint
Hungarian voters turn out in force for biggest test of Orbán era
Election follows bitter campaign that energised both government loyalists and opposition led by Péter Magyar
UK, US and global politics: what students should know
Read FT articles picked by our teacher advisers
School politics class: The madness of the Madman Theory
Power and developments
Submit your questions to Nigella Lawson: How can I take more pleasure from cooking?
Take part in a live Ask an Expert Q&A with food writer and FT columnist Nigella Lawson on Tuesday April 14 at 1pm BST
Submit your questions to Alphaville: will Trump blow up the financial dominance of the US?
Take part in a live Ask an Expert Q&A with Alphaville’s Robin Wigglesworth and Toby Nangle on Thursday, April 16 at 1pm BST
Trump announces naval blockade of Strait of Hormuz as Iran peace talks fail
Reopening the critical waterway is a sticking point in negotiations as oil supply bottlenecks prompt a global energy crisis
Inflation and growth set to dominate IMF and World Bank meetings
Plus, Wall Street lenders kick off earnings season, Chinese GDP and European inflation figures
Global economic outlook darkens as policymakers count cost of Iran war
Central bankers and economists prepare to meet in Washington to assess conflict’s damage
Business school professors’ picks
Topical FT articles and suggested classroom questions
Oil prices expected to rise as hope fades of end to Iran war
Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz
Lidl stirs up mobile market with discount phone plans
Chain to expand beyond Germany, Austria and Switzerland with service that could be available in up to 30 countries
Could US pensioners be swallowed by the next credit wave?
Trump wants retirees’ money in private credit, but it’s a bad idea at this stage of the cycle
Cancer drug licensed by GSK from China posts promising trial results
Mo-Rez, developed by Hansoh Pharma, is a next-generation treatment for ovarian and endometrial cancer
South Africa’s Democratic Alliance elects new leader to take on ANC
Nation’s second-largest party hopes Cape Town mayor Geordin Hill-Lewis can widen its appeal
Iran nuclear stand-off hardens after two decades of failed deals
Direct talks this weekend trod a familiar path of tortuous and frustrating diplomacy between Washington and Tehran
Fees for seas: a history of taxing waterways
From Ottoman Sultans to Danish kings, Iran’s toll system for Strait of Hormuz revives an old maritime fight
How to deal with NHS doctors in revolt
The Conservative plan to ban strikes is doomed to fail
UK financial regulators rush to assess risks of Anthropic’s latest AI model
Leading banks, insurers and exchanges to be warned over cyber security vulnerabilities exposed by Claude Mythos
Orbánomics has been a disaster for Hungary
The country’s economic model has stoked inflation and weighed on growth
Is Iran war fallout hitting US wholesale prices?
Market Questions is the FT’s guide to the week ahead
The Peruvian leading the presidential race with 15% in the polls
Keiko Fujimori is among 35 candidates on Sunday’s ballot after South American country churned through nine presidents in 10 years
China open to Taiwanese TV and imports after opposition visit
Cheng Li-wun, head of Taiwan’s KMT party, met Chinese President Xi Jinping