Iran, Israel and Middle East
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Israeli defense chief says Iran residents 'will pay price'
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Before you fill up your tank this week, here’s what you need to know about a conflict thousands of miles away.
Global energy executives gathered in the Malaysian capital on Monday for an industry conference with an eye on the dramatic escalation in the conflict between Israel and Iran, which has fuelled worries that it could widen and disrupt supply.
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Middle East War: Trouble for Iran as US Raises Alarm Over Missile Attack on Its Embassy in Tel AvivIranian missiles damaged the US embassy in Tel Aviv, escalating tensions. Israel retaliated with strikes on Iran's energy sector, while both sides continued attacks.
The UK sent jets and air tankers amid fears Iran will blockade Strait of Hormuz and spark massive oil price hikes.
Sterling was muted against the dollar on Monday ahead of a Bank of England meeting this week, with markets adopting a wait-and-see approach to rising geopolitical uncertainty, as a conflict between Israel and Iran showed no sign of abating.
Attacks force shift in U.S. plan for diplomatic deal in Iran and efforts to disentangle from region.
The US State and Defense departments on Wednesday made efforts to arrange the departure of non-essential personnel from locations around the Middle East, according to US officials and sources familiar with the efforts.
Gold rose to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict, pushing investors towards safe-haven assets.
Donald Trump declared that, “for the first time in a thousand years, the world will look at this region not as a place of turmoil and strife, and war and death, but as a land of opportunity and hope.”
President Donald Trump will travel to Alberta, Canada, later today to participate in the Group of Seven meeting amid a widening conflict between Israel and Iran and his ongoing trade war.
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