Iranian official says Tehran would retaliate by targeting ‘energy facilities in which the United States has interests’. President Donald Trump has warned that the United States military will target Iran’s civilian infrastructure each time Tehran’s forces fire at a vessel in the Strait of Hormuz. If the warning, issued on Wednesday, materialises, it would represent a major escalation in the conflict, which is already spiralling across the region....

People & Power How the world’s richest man helped trigger an HIV crisis in one of the world’s poorest countries. When Elon Musk, the world’s richest man, was made head of Trump’s newly created Department of Government Efficiency, he took a knife to foreign aid spending. He claimed billions were being lost to corruption within USAID and wasted on useless and absurd programmes, including $50m on buying “condoms...