The US targets Iran’s nuclear programme
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 23 June 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
The US is now using force to try to eliminate Iran’s nuclear programme, and new tariffs on US household goods take effect. Plus, the chief executive of a Russian burger chain is petitioning President Vladimir Putin to block western businesses from returning, and the CEO of the fintech Revolut could be due for a major pay out.
Mentioned in this podcast:
US says it inflicted ‘severe damage’ on Iran’s nuclear programme
Tariffs on household goods bring home costs of Trump’s trade wars
Fake McDonald’s lobbies Vladimir Putin to block return of western companies
Revolut chief in line for Musk-style payday at $150bn valuation
Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Mischa Frankl-Duval and Marc Filippino. Additional help from Alexander Higgins and Peter Barber. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. Currently, we supply 27% of the UK's gas, |
| 0:07.0 | 15% of its oil, and we're playing our part in the UK's energy transition. In 2023, we invested |
| 0:14.1 | 20% of our global gross spend in renewables and lower carbon solutions. Today, our wind farms power |
| 0:20.0 | 750,000 homes, and we expect this to grow |
| 0:23.1 | to over 7 million UK households. We're an energy company searching for better. Equinor.com. |
| 0:29.0 | UK. |
| 0:33.4 | Good morning from the Financial Times. Today is Monday, June 23rd, and this is your FT News briefing. |
| 0:40.3 | The U.S. has entered the war between Israel and Iran, and the Trump administration is implementing a new set of tariffs. |
| 0:48.9 | Plus, we take a look at what knockoff brands in Russia tell us about the country's economy. |
| 0:55.1 | What we're seeing is kind of return in some ways to the old Soviet economy, where there's |
| 0:59.8 | been a huge pivot towards China, and as a result, Russia's economy has become more isolationist. |
| 1:05.5 | I'm Kasha Brusalian, and here's the news you need to start your day. |
| 1:19.8 | Thank you. and here's the news you need to start your day. The U.S. bombed three nuclear sites in Iran over the weekend. |
| 1:24.3 | The attack marks a major escalation in the conflict, which had so far only involved |
| 1:29.5 | Iran and Israel. It also marks a huge political gamble for U.S. President Donald Trump. My colleague |
| 1:36.6 | Steph Chavez has been covering the story from Washington. Hey, Steph. Hey, Kasha. So we know that |
| 1:43.1 | Trump had spent the last week or so weighing military action. He said on Thursday that he'd take up to 14 days or so to decide what to do. Do we know why he moved up the timeline? I mean, we can probably say that it was never an actual two-week timeline, but was kind of a mechanism for him to |
| 2:02.6 | buy himself a few days and maybe even catch the Iranians by surprise. And then his decision also |
| 2:08.4 | came after some of the U.S. European allies negotiated directly with Iranian officials in Switzerland. |
| 2:15.4 | I talked to one former Pentagon official who speculated that those |
| 2:18.7 | unsuccessful EU talks were the final straw for Trump. |
| 2:22.9 | And what do we know about the mission itself and whether or not it was effective? |
... |
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