Iran closes Strait of Hormuz after Israeli strikes on Lebanon.

Global markets surged after U.S.-Iran ceasefire.

Haley backs Trump ending Iran talks amid Strait of Hormuz threats.

Oil prices and the dollar rose after U.S. naval blockade of the Strait of Hormuz.

Ireland faces fuel shortages and protests over high prices.

Inflation may rise due to the Iran conflict and higher energy costs.

CPI jumps 0.9% amid rising fuel costs, raising doubts about Fed rate cuts.

China promotes Middle East peace as U.S. credits Beijing for Iran talks.

Qantas raises fares and cuts flights due to soaring fuel costs.

Singapore warns Middle East conflict risks global trade and energy security.