The World in Brief from The Economist

Donald Trump said that countries “doing business” with Iran would face immediate new tariffs of 25%.

The White House said air strikes were one of many options “on the table” to intervene in Iran, but that diplomacy “was always the first”.

The dollar suffered its worst decline since December, falling by 0.4% as markets reacted to the Trump administration’s latest attack on America’s central bank

America’s Justice Department opened a criminal investigation into Jerome Powell, the chairman of the Federal Reserve.

Iran threatens retaliation if America strikes; more federal gents coming to Minneapolis, and more

Elon Musk hit back at critics of his social-media platform X, saying they are looking for “any excuse for censorship” after the site’s AI tool, Grok, sparked outrage for allowing users to generate sexualised images of people without their consent (including children)

Elon Musk hit back at critics of his social-media platform X, saying they are looking for “any excuse for censorship” after the site’s AI tool, Grok, sparked outrage for allowing users to generate sexualised images of people without their consent (including children)

Elon Musk hit back at critics of his social-media platform X, saying they are looking for “any excuse for censorship” after the site’s AI tool, Grok, sparked outrage for allowing users to generate sexualised images of people without their consent (including children)

Meeting oil executives at the White House, Mr Trump said that he expects majors to spend at least $100bn in Venezuela.