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Saudi Aramco beats profit estimates and keeps $85 billion payouts as oil prices surge again
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Since the American-Israeli attack on Iran began, at least 11 civilians have been killed in oil-rich Gulf countries. All but one of them were foreign nationals.
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The attack on Iran has led to a surge in energy prices at a moment when the cost of living is a major issue heading into the fall elections.
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The war's price, measured in damage to the economy and in political costs to Trump, is still coming into view.
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Supreme Leader Mojtaba Khamenei could prove to be even more radical than his father and predecessor, Ayatollah Ali Khamenei, who was killed by the U.S. and Israel at the start of the war.
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Choosing continuity amid war, Iran named Mojtaba Khamenei to succeed his father, despite President Donald Trump's criticism and Israel's threats. He has a hard-liner's pedigree, but will his tenure be confrontational, or seek to broaden internal support for the regime?
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Asia-Pacific markets rebounded from Monday's rout after oil prices fell and Wall Street bounced back.
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Experts warning fuel could hit £2 a litre and Trump saying the Iran war is near its end lead Tuesday's papers.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28.
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Trump's answered questions about the U.S.-Israel-led war in Iran at a press conference — his first since the attacks began — held as oil and gas prices soar.
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Joseph Aoun, the Lebanese president, called for direct talks with Israel to end the fighting. He also leveled blame at Hezbollah, the Iran-backed group, for igniting the war.
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The U.S. and Israel have pounded Iran's leadership and undercut its defense capabilities, but President Trump has offered wildly different explanations for what he hopes to achieve.
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