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The oil market is worried that Gulf countries will have to shut production if tankers are unable to pass through the Strait of Hormuz.
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Energy Minister Saad al-Kaabi says energy prices for everyone will rise if the Iran war continues.
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Stock movements this week has been choppy as investors weighed the inflationary impact of the war in the Middle East. The jobs report has complicated matters.
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Iranians in the capital tell the BBC of "constant explosions", as the US warned attacks will intensify.
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Burger King is changing its Whopper for the first time in a decade and McDonald's is bringing the Big Arch to the U.S., but video of McDonald's CEO tasting the sandwich is drawing the most attention.
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Oil prices continued soaring Friday, putting them on track to record their biggest jump since early 2020 as the escalating Iran war threatens global energy supplies.U.S.
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Israel has continued strikes across Iran and Lebanon as Donald Trump warns action could continue for weeks
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The update comes as the Iran war enters its seventh day and the escalating regional conflict continues to disrupt global supply chains.
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Infrastructure underpinning digital services has been pulled into the conflict in the Middle East
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Nationwide, HSBC and Coventry Building Society are all putting some mortgage rates up.
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Iran fired missiles toward Israel Friday, Israeli officials say, after Israel launched fresh strikes on Tehran and hit Beirut's southern suburbs overnight.
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U.S. crude oil hit as much as $80 per barrel Thursday, as the escalating Iran war enters its seventh day and continues disrupting global fuel supplies.
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;Resize=(620)) U.S. President Donald Trump's firing of Homeland Security Secretary Kristi Noem on Thursday overshadowed the announcement of his plans to nominate Republican Sen. Markwayne Mullin as her successor. But who is the Oklahoman tapped to take over the position?
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Fighting between Israel and Hezbollah in Lebanon intensified, and countries including Azerbaijan and Saudi Arabia reported fresh attacks.
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European stocks finished lower on Thursday as markets followed unsettling geopolitical developments in the Middle East.
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Huge traffic jams form after the unprecedented warning for people to leave the Hezbollah stronghold, as Israel steps up its strikes across Lebanon.
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Communication between Iranians and the rest of the world is now limited due to ongoing strikes, a government-imposed internet shutdown, and the escalating war conflict. NBC News' Yasmin Vossoughian spoke with a man who describes the situation on the streets of Tehran and shares what this critical moment for the nation means to him.
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