Articles about East

Iran’s Revolutionary Guard Corps said it was combing an area near where plane came down in south-western Iran; Israeli military strikes ‘Hezbollah infrastructure’ in Lebanon capitalUS F-15E jet confirmed shot down over Iran as Tehran releases wreckage imagesHello and welcome to our continuing live coverage of the US-Israeli war on Iran and its impact on the region, the world and the global economy.Iranian and American forces were racing each other early on Saturday to recover a crew member of the first US fighter jet to go down inside Iran since the start of the war.Tehran rejected a US proposal for a 48-hour ceasefire, said Iran’s semi-official Fars news agency, citing an unnamed source. There was no immediate comment from the US. Earlier, the Wall Street Journal reported that Iran had officially told mediators it was unwilling to meet with US officials in Islamabad in the coming days.The UN force in Lebanon said a blast at one of its positions had wounded three peacekeepers, two of them seriously, in the third such incident in a week.Israeli fire killed a man in Syria’s Quneitra province in the south near the Israeli-occupied Golan Heights, Syrian state media said. The man was killed in an attack by “an Israeli tank”, the Sana agency said, while state TV said a car was targeted.An Egyptian national was killed and four others wounded after a fire at a gas complex in Abu Dhabi, caused by falling debris from an intercepted attack, the government media office said. Two of the four people hurt were from Egypt, while the others were from Pakistan, it said.Trump asked lawmakers to approve a $1.5tr defence budget for 2027 as the US faces rising costs from its war with Iran and mounting global security commitments. The proposal would lift Pentagon spending by more than 40% in a single year – the sharpest increase since the second world war.The US embassy in Lebanon said Iran and allied groups could seek to target universities in the country, where Tehran-backed Hezbollah is at war with Israel and Israeli troops are carrying out a ground invasion.Three tankers, including one co-owned by a Japanese company, crossed the strait of Hormuz by hugging close to Oman’s shore –a rare transit route – maritime traffic data showed on Friday. With agencies Continue reading...

• Iran's IRGC threatened strikes on US technology and defense companies operating in the Middle East. • The sweeping alert links geopolitical tensions to cyber and physical risks for American firms. • It escalates cybersecurity concerns for US multinationals with regional presence.

Fourteen-, 16- and 18-year-olds arrested on suspicion of murder after incident near Woolwich Dockyard stationPolice have launched a murder investigation after a 14-year-old boy was fatally shot in Woolwich, south-east London. Three teenagers have been arrested on suspicion of murder.Officers received reports of a shooting on Lord Warwick Street, Woolwich, at about 3.40pm on Thursday, the Metropolitan police said. Continue reading...

Biggest rises were in vegetable oil and sugar prices, which increased by 5% and 7% respectivelyVisual guide to the Gulf fertiliser blockadeFood prices rose sharply in March as war in the Middle East drove up energy prices and freight costs around the world, a UN report says.An index of food commodity prices by the UN’s food and agriculture organisation increased by 2.4% in March, its second consecutive monthly rise. Continue reading...

US president warns Iran after strike; UN vote on authorizing the use of ‘defensive’ force to protect shipping in the strait of Hormuz delayedFull report: Trump warns Tehran ‘more to follow’ after strike destroys Iran’s largest bridge Continue reading...

‘Ukraine has expertise concerning sea waterways, and the defence and reopening of maritime traffic,’ says president. What we know on day 1,500Volodymyr Zelenskyy offered on Thursday to provide Ukraine’s expertise in dealing with freedom of navigation in the Black Sea to those countries considering how to keep the strait of Hormuz open amid the conflict in the Middle East. The Ukraine president, speaking in his nightly video address, said the foreign minister, Andrii Sybiha, had taken part in a virtual meeting devoted to reopening the strait of Hormuz, attended by about 40 countries. “Ukraine has relevant expertise concerning sea waterways, and the defence and reopening of maritime traffic,” he said. “If [our] partners are ready to act, we will consider how we can strengthen them, how we can apply our expertise, knowledge and technological potential.”Russia’s army recorded no territorial gains on the frontline in Ukraine in March, for the first time in two and half years, AFP analysis of data from the Institute for the Study of War (ISW) showed. The Russian army’s advances have been slowing since late 2025 due to Kyiv’s localised breakthroughs in the south-east, and losing ground in March and February on the southern section of the frontline, between the Donetsk and Dnipropetrovsk regions, the analysis showed. Across the entire frontline, Ukrainian forces managed to recapture 9 sq km in March.North Korea’s leader, Kim Jong-un, gave “field guidance” at the Memorial Museum of Combat Feats at the Overseas Military Operations, which is under construction , state media KCNA said. The museum in Pyongyang will be a place to commemorate the fallen soldiers sent to support the Russian army in the war in Ukraine. The construction of the museum is almost complete and Kim said the opening ceremony would be held in mid-April, marking the first anniversary of the deployment of the North Korean soldiers.Six Ukrainian children will be returned from Russia to their families in Ukraine, the White House said on Thursday, citing efforts by Melania Trump to expedite their return. A seventh Ukrainian child will also be returned to their family later this month, the first lady’s office said in a statement. Ukraine says almost 20,000 children have been illegally sent to Russia and Belarus, where they are sometimes subject to military training and forced to fight against their own country’s troops.Russian strikes across Ukraine on Thursday killed at least two people and wounded dozens, officials said, as Moscow stepped up its attacks amid stalled peace talks. In the south-eastern Kherson region, Russia attacked “with artillery, mortars and UAVs”, the regional prosecutor’s office said on social media. A 42-year-old man was killed when a drone hit a civilian car, and 16 others – including a teenage boy and three police officers – were wounded in air attacks and artillery shelling, it added. In the Chernihiv region, north of the capital Kyiv, Russia attacked with a ballistic missile, the head of Chernihiv’s military administration, Dmytro Bryzhynsky, said on Telegram.Russian forces maintained a daylong barrage of drone strikes on Kharkiv, Ukraine’s second largest city, on Thursday, injuring at least two people, local officials said. Kharkiv’s mayor, Ihor Terekhov, posted reports on Telegram throughout the day and well into the evening, noting strikes in four city districts. One city official said there had been at least 20 drone strikes. He said some had triggered fires and two people had been injured in an evening attack, including an eight-year-old girl.Russian forces carried out 129 attacks on Ukrainian gas and heating facilities during the recent 151-day heating season, the state oil and gas firm Naftogaz said on Thursday. “The Russians hit pipelines, gas production, underground storage facilities, heating systems – everything that Ukrainians depend on for heat and gas,” it said in a statement. Continue reading...

• Iran's Islamic Revolutionary Guard Corps Navy commenced large-scale military exercises in the Persian Gulf on April 1, deploying multiple warships and missile systems near the strategically vital Strait of Hormuz. • US Central Command deployed additional naval assets to the region in response, with Pentagon officials stating the move is designed to "ensure freedom of navigation" and protect commercial shipping lanes critical to global energy markets. • The Iranian exercises follow recent diplomatic tensions and represent the latest in a series of military posturing events that have increased risk premiums on global oil prices by approximately 3% this week.

• The United Nations humanitarian coordinator reported on Thursday that drought conditions across East Africa have intensified, affecting approximately 24 million people across Ethiopia, Kenya, and Somalia with critical water and food shortages. • The organization is requesting $3.2 billion in emergency humanitarian assistance for 2026, warning that without immediate intervention, malnutrition rates could exceed 2022 levels when the region experienced famine conditions. • US Agency for International Development (USAID) announced an additional $450 million in emergency aid packages, representing a 40% increase from the previous fiscal year allocation for East African relief operations.

Met Office names fourth storm of the year, with weather warnings in place across parts of Scotland, Northern Ireland, Wales and EnglandThe Met Office has named its fourth storm of the year, which will bring very strong winds in the north of the UK on Saturday evening into Easter Sunday.Storm Dave will bring wind gusts of 60 to 70mph in parts of Scotland, Northern Ireland, north Wales and parts of Northern England, with a possibility of gusts of up to 90mph in some areas. Continue reading...

Bank holiday traffic predicted to peak on Thursday, as petrol and diesel prices surge from fallout of Iran warBusiness live – latest updatesDrivers are being urged to hunt for the cheapest petrol and “to fill up as usual” as UK travellers prepare to make 21.7m journeys on what is expected to be the busiest Easter on the roads in four years.The average price of a litre of unleaded petrol rose by 20p from 132.83p on 1 March to 152.83p by the end of the month, raising concerns about the cost of filling up for Easter journeys, as rising oil prices triggered by the US-Israel war with Iran translated to higher prices at the pumps. Continue reading...

The Bureau of Meteorology says a blend of fine days and showers expected for most capital cities over the coming daysFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastMany Australians can expect mild temperatures and a chance of showers over the Easter weekend, while meteorologists predict a cyclone will form in the Coral Sea on Sunday.The Bureau of Meteorology has forecast a blend of fine days and showers for most capital cities over the coming days. Continue reading...

Former Labour mayor Jamie Driscoll aims to win central Newcastle ward after defecting to the Green party“Thank you very much to all you would-be penguins huddling together for warmth,” said Jamie Driscoll to the dozen supporters braving bitingly cold, blustery weather to begin knocking on doors and delivering leaflets.The former Labour North of Tyne mayor is one of the Green party’s highest-profile recruits. Standing for Newcastle city council in the central Monument ward, he was giving a pep talk to a group that would probably have been even bigger, were some not in London for a demonstration against the far right. Continue reading...

Ukrainian president says ceasefire could show diplomacy works, while Russia dismisses statement as ‘PR stunt’. What we know on day 1,499Volodymyr Zelenskyy has criticised Russia for responding to an offer of an Easter truce with airstrikes. The Ukrainian president said on Wednesday he had spoken to US negotiators about an Easter ceasefire but Russian forces had fired more than 700 drones – many of them Iranian-designed Shaheds – targeting parts of western and central Ukraine in a rare daytime attack. Zelenskyy said: “Russia is responding [to the Easter ceasefire offer] with Shahed drones and continues its terrorist operations against our energy sector, against our infrastructure,” adding that he had discussed ways of advancing diplomacy with US negotiators. “A silence over Easter could be exactly the signal that tells everyone that diplomacy can be successful.” Russia’s foreign ministry rejected Zelenskyy’s proposal as a “PR stunt”.The Ukraine president said talks with US mediators aimed at resolving the four-year conflict were “positive”. The talks were held remotely on Wednesday with the US special envoy, Steve Witkoff, Donald Trump’s son-in-law Jared Kushner and the US senator Lindsey Graham, with Nato’s secretary general, Mark Rutte, also joining the call amid the alliance’s continuing tensions with Washington. Zelenskyy thanked the US for its efforts to bring about peace and said the Ukrainian and US teams had agreed to strengthen a document outlining US security guarantees for any future peace deal. “This is precisely what could pave the way for a reliable end to the war.” In recent weeks Zelenskyy said the US had been pressuring Ukraine to make concessions to bring a quick end to the conflict after the US and Israel launched the war on Iran in late February. Talks with Russia are deadlocked over the question of land, with Ukraine refusing to cede to Moscow’s demands that it relinquish the eastern region of Donbas.Russia claimed to have full control of Ukraine’s Luhansk region on Wednesday, which Kyiv denied. Russia’s defence ministry claimed its forces had taken control of the entire Luhansk region – part of the Donbas – but a Ukrainian military official said small areas were still held by Ukrainian forces. Russia has previously made false claims of advances. The Russian defence ministry said in a statement: “Units have completed the liberation of the Luhansk people’s republic.” But Viktor Tregubov, a spokesperson for Ukrainian forces, said there were no changes to report in that region. “Unfortunately, we only hold small patches [in Luhansk], but those positions have been held by 3rd brigade for a long time,” Trehubov told the Associated Press. Russian claims of progress have in the past proved to be inaccurate. The Moscow-appointed head of Luhansk announced its full capture last June. Ukrainian officials have said that Moscow makes false claims of advances to persuade US negotiators a Russian victory in Ukraine is inevitable.Russia fired hundreds of drones at Ukraine, killing at least five people and destroying a postal terminal, Ukrainian officials have said. Ukraine’s Nova Poshta mailing company published an image on Wednesday of a warehouse in the western city of Lutsk in flames, with thick smoke pouring from its roof. As well firing 339 drones at Ukraine overnight, Russia launched more than 360 drones during the day, the Ukrainian air force said. One drone killed four people in the central Cherkasy region, while an earlier drone strike on a car in Ukraine’s frontline Kherson region killed a woman and badly wounded two other people, regional authorities said. Continue reading...

President is expected to offer a timeline for end of the war, and speak about his threat to withdraw the US from Nato as he faces falling poll numbers and global energy crisisTrump says he is ‘absolutely’ considering withdrawing US from Nato Israel hits Iran with waves of attacks and says it killed top Hezbollah commanderWelcome to our continuing coverage of the crisis in the Middle East, as Donald Trump prepares to address America for the first time since the US-Israel war on Iran was launched.The president will deliver the prime-time speech at 9pm ET from the White House.Iran has rejected Donald Trump’s claim that its leadership asked for a ceasefire, calling the US president’s statement “false” and “baseless”. Trump made the claim in a post on Truth Social, which said: “Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE! We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!”Trump also said he is “absolutely” considering withdrawing the US from Nato, warning that the matter was “beyond reconsideration” after the refusal of US allies to join the US-Israeli war against Iran. The president’s threats, his most determined to date, have left the alliance facing its worst crisis in its 77-year history, a former US ambassador has said. Here’s our story.Meanwhile, in an open letter to the American people, Iran’s president Masoud Pezeshkian said relations between Washington and Tehran were “misunderstood” and that Iran was not an aggressor. The Iranian “harbor no enmity toward other nations, including the people of America, Europe, or neighbouring countries,” he said, adding that portrayals of Iran as a security threat were inaccurate, and Tehran was acting in self-defence – not aggression.In Tehran, Kamal Kharazi, a top foreign policy official and former Iranian foreign minister, has been severely injured in an airstrike on his home in the Iranian capital. His wife was reportedly killed in the attack. Kharazi, considered a moderate politician and veteran policy expert, also served as an adviser to the assassinated former supreme leader Ayatollah Ali Khamenei. Reports suggest his targeting is being viewed as an attempt to derail diplomacy. Continue reading...

Prime minister urges Australians to consider using public transport and conserve fuel for ‘critical industry’ and othersFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralian prime minister Anthony Albanese has used a rare address to the nation to attempt to allay public fears over dwindling fuel supplies, vowing to keep petrol prices down by shoring up international supplies and ramping up local production.But the opposition has been scathing of the address, describing it as “nothing but hot air” and urging more clarity over the fuel crisis. Continue reading...

Meteorologists issue yellow weather warning, with gusts of up to 90mph expected in some areasThe northern half of the UK is expected to face gale force winds over the Easter weekend, with forecasters warning of possible travel disruption and power cuts, stemming from a “significant cold plunge from Canada into the North Atlantic”.The Met Office has issued a yellow weather warning for very strong winds in Scotland, Northern Ireland and parts of north Wales and northern England from 6pm on Saturday until midday on Sunday. Continue reading...

Ukrainian president says he hopes for ‘results’ as he sits down with negotiators later todayWith most eyes still on the Middle East, and growing US frustrations with European Nato allies' over their decisions to deny the use of their bases for offensive operations in Iran, there is often much less focus on Ukraine.But the two universes will collide today, as the wartorn country’s president, Volodymyr Zelenskyy, will sit down for talks with the US negotiators to discuss the last steps to end the Russian invasion of Ukraine. Continue reading...

Prime minister says months ahead ‘may not be easy’ and urges Australians to ‘think of others in your community, in the bush and in critical industries’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastMy fellow Australians.By nature, we’re an optimistic country. But I understand that right now it’s hard to be positive. Continue reading...

US president says responsibility for reopening strait of Hormuz rests on countries relying on it; secretary of state says Washington must review whether Nato alliance is still serving the US well‘Get your own oil’: Trump launches tirade against Europe for not joining Iran warAustralia’s Treasurer Jim Chalmers has unveiled a suite of Covid-era support measures for businesses struggling with soaring fuel prices, while Australian prime minister Anthony Albanese is set to address the nation in the latest sign the government is preparing for a more severe economic downturn from the war.“The war in the Middle East is having an extreme impact on the global economy. Australians and Australian small businesses are paying the price for that,” the treasurer told reporters on Wednesday.Two-thirds of Americans believe that the US should work to end its involvement in the Iran war quickly, even if that means not achieving the goals set out by the Trump administration, a Reuters/Ipsos poll has found.Asian markets rose sharply early on Wednesday after US stocks soared to their best day in almost a year on renewed hopes that the Iran war could soon end. South Korea’s Kospi surged 6.4% in early trading, while Tokyo’s Nikkei 225 rose 4%. Hong Kong’s Hang Seng was up 1.9%, while the Shanghai Composite index was trading 1.4% higher.Thousands of additional US troops are heading to the Middle East. The aircraft carrier USS George HW Bush deployed on Tuesday and is slated to travel to the region along with three destroyers, two US officials said. The carrier strike group consists of more than 6,000 personnel.The Israeli military said on Wednesday it had identified the launch of a missile from Yemen towards Israel. It said defence systems were operating to intercept the missile.Iran’s state broadcaster IRIB said areas in northern, eastern and central Tehran were under attack on Wednesday morning. The broadcaster said on Telegram that explosions were heard in the capital’s north, east and centre, reporting “attacks on Tehran” without immediately providing more details.A drone attack has sparked a large fire at Kuwait international airport, according to its state news agency, which said no casualties had been reported, while in the last few hours Saudi Arabia has said it intercepted and destroyed two drones. Bahrain also said early on Wednesday that it was working to extinguish a fire at a business facility that resulted from an Iranian attack. A tanker also came under attack off the coast of Qatar early on Wednesday, according to the British military’s United Kingdom Maritime Trade Operations centre.Israeli strikes in southern Beirut and a nearby area have killed seven people, according to Lebanon’s health ministry.An American journalist has been kidnapped in Baghdad by a suspected Iranian-backed Iraqi armed group, the US said. The journalist was identified as Shelly Kittleson, a freelancer, by media advocacy groups as well as Al-Monitor, one of the news outlets for which she worked.The Wall Street Journal is reporting that the United Arab Emirates is preparing to help the US open the strait of Hormuz by force. Citing Arab officials, the newspaper reported the UAE is lobbying for a UN security council resolution that would authorise such action. Continue reading...

Australian treasurer says Iran war having ‘extreme impact on global economy’ as Albanese to address nation about fuel crisis Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastJim Chalmers has unveiled a suite of Covid-era support measures including tax deferrals for businesses struggling with soaring fuel prices, in the latest sign the government is preparing for a more severe economic downturn from the US-Israel war on Iran.Addressing the media on Wednesday morning, the treasurer said “the war in the Middle East is having an extreme impact on the global economy, [and[ Australians and Australian small businesses are paying the price for that”. Continue reading...

Foreign ministers Ishaq Dar and Wang Yi met in Beijing as Pakistan pushes for peacemaker roleMiddle East crisis – live updatesPakistan and China have released a joint five-part proposal for peace in the Middle East, after Pakistan’s foreign minister flew to Beijing on Tuesday to seek Chinese support for the country’s faltering efforts to negotiate an end to end the war.The one-day meeting between Ishaq Dar and his Chinese counterpart, Wang Yi, came as Pakistan continues to push for the role of peacemaker between the United States and Iran, even as the war shows little sign of relenting. Continue reading...

Kuwait says fire broke out after Iranian attack on giant tanker and warns of possible oil spill in surrounding watersHello and welcome to our continuing live coverage of the US-Israel war on Iran and its impact on the region, the world and the global economy.Iran attacked and set ablaze a fully loaded crude oil tanker off Dubai on Monday while Donald Trump warned the US would obliterate Iran’s energy plants and oil wells if it did not open the strait of Hormuz.Blasts were heard in Tehran and power cuts hit some areas of the capital, Iranian media reported on Tuesday. Israel earlier carried out missile strikes on what it called military infrastructure in Tehran and infrastructure used by Iran-backed Hezbollah in Beirut, leaving black smoke hanging over the Lebanese capital.Two successive Iranian missile launches targeted central Israel, the Times of Israel reported, quoting the emergency service as saying it had not received any reports of injuries.Turkey reported a ballistic missile launched from Iran had entered Turkish airspace before being shot down by Nato air and missile defences.Oil prices were headed on Tuesday for a record monthly rise while Asian shares were headed for their steepest fall since 2022, capping a tumultuous month as the war fanned fears of higher inflation and slower growth. Bonds were headed for their largest decline in months, while the dollar recorded its strongest gain in eight months.The US national average retail price of fuel crossed $4 a gallon for the first time in more than three years on Monday, data from price-tracking service GasBuddy showed, as tightening global supplies pushed US crude prices above $101 a barrel.Three UN peacekeepers from Indonesia were killed in two separate incidents in southern Lebanon.Thousands of soldiers from the US Army’s elite 82nd Airborne Division have started arriving in the Middle East, two US officials told Reuters. , as part of a reinforcement that would expand Trump’s options to include the deployment of forces inside Iranian territory, even as he pursues talks with Tehran.The White House later said talks with Iran were progressing and Trump wanted to reach a deal with Tehran before a 6 April deadline he set last week after extending an earlier deadline he had set for Iran to open the largely blocked strait of Hormuz oil route.Trump had told aides he is willing to end the military campaign against Iran even if the strait or Hormuz remains largely closed and leave a complex operation to reopen it for a later date, the Wall Street Journal later reported.Iran said on Monday it had received US peace proposals via intermediaries and that they were “unrealistic, illogical and excessive”. Continue reading...

Washington-based fund says rising energy and food costs will hit economies worldwide and could leave lasting scarsThe International Monetary Fund has warned that “all roads lead to higher prices and slower growth worldwide” should the conflict in the Middle East continue to throttle the amount of oil, gas and fertiliser making its way out of the Gulf.In a stark message that countries on all continents will be affected, the Washington-based organisation said a rise in energy and food costs would harm economic growth this year and could leave lasting scars on the global economy. Continue reading...

• The New York Yankees, led by 2025 AL MVP Aaron Judge, face the Seattle Mariners and star catcher Cal Raleigh in a heavyweight American League matchup this week. • Judge and Raleigh competed for the 2025 MVP award before Judge won his third career MVP, and both players were teammates on Team USA in the World Baseball Classic that saw the U.S. lose to Venezuela in the finals. • Judge has started strong in 2026, homering in each of his last two games as the Yankees seek to establish early division dominance.

Drivers planning nearly 21m leisure journeys from Thursday to Monday despite soaring fuel prices, say expertsThe four-day bank holiday weekend is expected to be the busiest Easter on the roads in four years, despite a surge in fuel prices caused by the conflict in the Middle East.Drivers are planning nearly 21m leisure journeys between Thursday and Easter Monday, according to a study by the RAC and the traffic analytics specialists Inrix. Continue reading...

Interest rates as high as 4.45% and a steep cut in next year’s allowance fuel forecast of last-minute rush Savers who want to make the most of this year’s cash Isa allowance are being urged not to leave it to the last minute, as the deadline for applications falls on the Easter weekend.The Isa wrapper allows people to save or invest money and benefit from the returns free of tax. Each tax year, people can pay in up to £20,000, which can then be moved around in subsequent years without the tax benefits being lost. Continue reading...

Apology published in News Corp paper as part of agreed joint statement to resolve legal dispute over ‘undercover’ story, with Cairo also apologising to activist Ofir BirenbaumFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Daily Telegraph has apologised to a popular Middle Eastern restaurant for “causing distress” after it sent a pro-Israel activist to the Sydney eatery as part of its so-called operation “undercover Jew”.The apology was published on page two of the News Corp paper as part of an agreed joint statement to resolve a now settled legal dispute between the restaurant Cairo Takeaway, and the pro-Israel activist Ofir Birenbaum. Continue reading...

US president tells Financial Times his ‘preference would be to take the oil’ but that ‘some stupid people back in the US say: “why are you doing that?”’Full report: Iran accuses US of plotting ground assault while publicly seeking talksAnalysis: what the Houthis’ entry into the Iran war means for the conflict and the wider regionThe price of brent crude had now gone over $116 a barrel, while stock markets have slumped in Asia as investors dig in for a protracted Gulf conflict that could bring a spike in inflation and the risk of recession to much of the globe.Brent crude was just over $70 a barrel when the war started last month and prices have risen by over 50% since. Continue reading...