S INCE THE third Gulf war began three weeks ago, one number has captured the world’s attention: the price of crude. On March 16th Brent, the global benchmark, briefly topped $10

A bold bet by a S. Korean shipping heir on ultra-large oil tankers is paying off handsomely as the war involving Iran and drives tanker demand higher.

The U.S. may have pulled the trigger on the Iran war, but it is the oil-producing Gulf that will pay the price, Gulf sources and analysts say, signalling unease in ties between a region under Iranian attack and the superpower it relies on for protection.

European countries say they want the Trump administration to explain its goals in the Iran war.

A missile has struck a helipad inside the U.S. Embassy compound in Baghdad and debris from an intercepted Iranian drone hit an oil facility in the United Arab Emirates

Secretary of War Pete Hegseth said the war with Iran was entering a new phase, as the United States was focusing on destroying Tehran’s defense industrial base. At a Friday Pentagon briefing, Hegseth and Gen.

Meta Platforms Inc. has paused part of a massive effort to expand internet service across Africa as the war in the Middle East freezes activity in the region.

The conflict is rippling through supply chains and snarling trade far from the Middle East.