European missile champion reports surging interest from Gulf as Iran strikes continue
MBDA plans 40% rise in production this year to meet soaring demand
MBDA plans 40% rise in production this year to meet soaring demand

Companies worry about effects of higher energy costs even as they get short-term advantage over Asian peers

Companies rushed to make purchases amid fears that the Iran war would send prices even higher

Military expenditure rose above $17bn in first three months of year as Iran launched strikes around Gulf

Tehran’s unused arsenal has played on the nerves of Gulf states

With services of dominant Gulf rivals disrupted, there is a brief window to provide direct flights that avoid the region’s hubs

Short positions rise sharply as traders eye economic fallout from Iran war