Iran has banned all agri-food exports "until further notice" following escalating conflict with Israel and the United States. The EU imported €355 million of Iranian agri-food products in 2020, including nuts, dried fruits and spices. Oil prices have surged in response, with Brent crude rising above $85 a barrel for the first time since 2024.

Roberts Bakery files Notice of Intention to Appoint Administrators whilst in talks with potential partners. The Cheshire bakery producing 3.5m loaves weekly faces challenges from fire damage, cost inflation and market shifts towards artisan products.