The stage has been set for a prolonged period of elevated energy prices as global markets for crude oil and liquefied natural ...

Meanwhile, Israel says it's carrying out strikes across Iran and in Lebanon. This afternoon, G7 finance ministers will hold an emergency meeting on the oil price.

Iran’s regional network of proxy groups had been severely weakened before this latest round of fighting began. Since Hamas’s attack on Israel on October 7, 2023, Israeli forces have not only ...