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President Donald Trump now says it's "too late" for talks with Iran and warned the U.S. has enough munitions to fight "forever."
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U.S. diplomatic outposts in Kuwait and Saudi Arabia were closed on Tuesday as Israel struck Iran and Lebanon and war spread into the fourth day.
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The Israeli military said troops advanced to protect border towns from Hezbollah attacks, spurring fears that the government is weighing a wider ground war.
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Disruption to LNG supplies could dent European growth and harm reindustrialization ambitions.
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Investors have been right to identify geopolitics as a rising risk factor
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The U.S. and Israel launched a joint attack on Iran on Saturday, officials said.
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The U.S. has evacuated diplomats in the Middle East and closed several embassies as war in Iran intensifies. And, what to expect from the Senate races in the North Carolina and Texas primary elections.
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The cost of hauling crude oil from the Middle East to China rose more than 94% to hit a record high of $423,736 per day on Monday.
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Europe appears to have been on the sidelines as the U.S. and Israel pursue Iran, and crisis engulfs the Middle East.
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With the war against Iran underway, and the U.S. military as a powerful ally, the Israeli government is seizing its chance to move against other adversaries.
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The sector's gains were a sharp contrast to the wider Kospi, falling over 7% to clock its worst day in 19 months.
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Ukraine fears what soaring oil prices and a shortage in air defences could mean for them.
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Air travel in the Middle East appears to be resuming after being suspended since Saturday amid airstrikes on Iran by the U.S. and Israel and the Islamic Republic's retaliatory attacks on other countries in the region.
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The United States and Israel started a war with Iran by killing its supreme leader, Ayatollah Ali Khamenei.
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Washington's Western allies have stressed they were not involved in the U.S.-Israeli attack on Iran — but they've also carefully skirted judgment of its legality.
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