Tensions in West Asia have escalated as the United States and Iran exchange warnings over the ongoing conflict that erupted in late February. U.S. President Donald Trump has cautioned that the U.S. might intensify its military operations against Iran should Tehran continue its aggressive stance. This warning comes amid assertions that the U.S. will not permit Iran to develop nuclear weapons.
Meanwhile, Iran has issued...
Global oil prices have surged to their highest levels in five months due to escalating tensions in the Gulf region, sparking concerns about potential disruptions to crude oil supplies. The increase comes after a series of incidents in Saudi Arabia and the strategically critical Strait of Hormuz, a vital route for global energy shipments.
Brent crude, the international oil benchmark, rose by 3% to reach...
