- The intensity of the war in the Middle East has escalated with rising oil prices:


The United States and Israel are intensifying their attacks on Iran amid sharp fluctuations in global financial markets. The repercussions of these attacks have extended to more Gulf countries, with Saudi Arabia announcing its first war-related death, according to NBC News.

Meanwhile, Iran's Expert Council has chosen Mojtaba Khamenei as a third leader of the Islamic Republic. He is the second son of Ali Khamenei, the late Supreme Leader, who was assassinated following an American-Israeli attack.

Global markets and governments remain on high alert as crude oil prices surge past $100 for the first time since 2022. The closure of the Strait of Hormuz continues to disrupt shipping traffic, and the effects of the war are likely to be felt worldwide.

Brent crude oil price chart
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