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US Israel Iran War News LIVE Updates: Iran has been striking its Persian Gulf neighbours' energy facilities since the war started on February 28, and has made the Strait of Hormuz shipping channel, nearly impassable.
US-Iran war: The price of high-intensity air and naval warfare dominated by long-range missiles and smart bombs has burned cash far faster than traditional ground campaigns
Hezbollah has fired hundreds of missiles at Israel since it entered the regional war on March 2, prompting an Israeli offensive that has killed more than 1,000 people in Lebanon.
Much like the recalibration that followed the oil shocks of the 1970s, this conflict is likely to compel governments and institutions alike to rethink how energy security is defined and managed in the twenty first century.
Iran fired two ballistic missiles at the joint US-UK military base at Diego Garcia in the Chagos Islands, according to a Wall Street Journal report citing US officials