President Donald Trump now has his back against the wall as gas prices rise and lawmakers get antsy about why the U.S. is in Iran.

Oil shock from Iran war raises inflation concerns, but Goldman Sachs sees minimal impact on global supply chains outside energy sector.

Latest attacks come as US allies rebuff Trump’s calls to help secure the Strait of Hormuz and global oil crisis deepens. Follow for live updates.

Cruise lines face rising fuel costs as oil prices surge 35% during the Iran conflict, threatening profits during peak booking season for summer trips.

A drop in oil prices helped send the U.S. stock market to its best day since the war in Iran began

Fears of a global energy crisis rose Monday as the war in the Middle East raged on, with more U.S.-Israeli strikes on the Iranian capital and Israel’s bombardment of Lebanon. An Iranian drone strike temporarily shut Dubai’s airport, a crucial global travel hub, underscoring the threats to the world economy.

Israel strikes kill Iran’s supreme leader, triggering regional retaliation and raising fears of a wider confrontation that could destabilise energy markets and global security

Authorities have announced a suspension of all flights in and out of Dubai. Traffic has also been closed on an airport route. Follow live updates on Dubai, Abu Dhabi strikes, ADNOC shutdown, LPG prices and safety of Indians in UAE.