The Papers: 'Summer of shortages' and 'War windfall'

'Summer of shortages' and 'War windfall'Just nowShareSaveAdd as preferred on GoogleA "summer of shortages" could hit the UK's supermarket shelves, according to the Times, as the Iran war affects production of chicken, pork and other goods. Citing secret government analysis, the paper says "fears grow that the closure of the Strait of Hormuz will lead to a shortage of carbon dioxide, which is critical to the food industry". BBC Newsnight has been told by a senior government source the planning is for a worst case scenario and not a prediction of what will happen.Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves' latest remarks on the Iran war are splashed across the Independent's front page. "Starmer vows he won't get 'dragged into' Trump's war", the paper writes, while the chancellor "risks further anger and retribution by criticising conflict that has 'not made the world a safer place'". "Big oil makes extra $30m [£22.12m] every hour during conflict," is the Guardian's headline, reporting on its analysis that has found firms such as "Saudi Aramaco, Gazprom and ExxonMobil are among the biggest beneficiaries of the bonanza". The findings have triggered "calls to tax profits" of the gas companies, according to the paper.The Metro's top story features Sir Keir's response to criticism from ex-Nato chief Lord Robertson that the UK risks "corrosive complacency" by not increasing defence spending. The paper quotes Sir Keir as saying "I HAVE boosted military spending". It also features Conservative Party leader Kemi Badenoch telling the PM: "You'd rather splurge on benefits."The Financial Times leads with an investigation that finds Iran has used "Chinese satellites to target US bases" across the Middle East after "leaked Iranian military documents show the satellite...