Prime Minister Anthony Albanese has revealed that an Iranian projectile hit a road just outside the Al Minhad Air Base, but no Australians were injured.
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The IEA’s Fatih Birol warned that damage to energy infrastructure across the Middle East would take some time to repair. Grouped from 2 articles across 2 sources.
An attempted attack on a US-UK military base in the Indian Ocean by Iran shows Tehran can launch missiles as far as 4,000km, raising concerns European cities are in reach.
Trump's statement sent oil lower, while equities jumped. Still, the recovery on Tuesday suggests lingering skepticism over Trump signaling a de-escalation.
From sand to concrete, suppliers are bringing in "emergency fuel levies" as petrol prices soar due to the war in the Middle East. Major companies that supply pipes for plumbing are even warning of shortages.
PM Narendra Modi said the Iran war is straining supply chains and trade routes, but stressed India's economic fundamentals remain strong.
Asia-Pacific markets tumbled Monday as investors weighed escalating tensions in the Middle East after the U.S. and Iran threatened to intensify military hostilities.