The conflict between Israel and Iran has the potential to considerably disrupt global energy markets, with each nation attacking the other’s oil and gas infrastructure.

The UK Chancellor Rachel Reeves says the government will not ‘take anything off the table’ in response to the threat of rising energy costs

The ongoing Israel-Iran conflict could trigger global instability, spike oil prices, disrupt trade routes, increase inflation, and strain diplomatic relations, forcing countries like India into comple

Gold breaks $2,500 as Middle East tensions escalate. Learn why investors are panic buying precious metals despite strong economic data.

G7 leaders condemned Iran for being the "principal source of regional instability and terror." Group of Seven leaders on Tuesday affirmed unified support for Israel and called for a resolution to the escalating regional tensions, as it trades military strikes with Iran.

The dollar’s weak response to the conflict between Israel and Iran suggests investors are reassessing their exposure

A further escalation in Iranian-Israeli tensions could take oil prices above $80 and would mean more upside for the dollar.

Now, it is reshaping the Middle East on its own terms and forcing the Trump administration to play catch-up as Israeli leaders ramp up attacks against Iran. The moves could upend global markets and remake geopolitics—and potentially draw the U.S. into a regional conflagration.

Petrol prices in Australia could skyrocket by up to 12 cents a litre following Israel’s announcement it had launched strikes on “dozens” of military targets in Iran.

The UK is deploying fighter jets to the Middle East as a precaution amid Iranian threats, while urging de-escalation and signalling possible support for Israel.