Middle East conflict fuels global oil shocks and humanitarian crisis
Violence in the Middle East is intensifying as Israel, Hezbollah, and Iran exchange strikes, extending instability across the region. Attacks targeting maritime routes, notably in the Strait of Hormuz and Gulf of Oman, have disrupted global energy shipments, driving crude prices close to $100 per barrel. This threatens economic stability beyond the region, affecting global markets and energy security. The civilian toll is mounting, with widespread displacement and increased humanitarian needs. In response, United Nations agencies are expanding relief operations to support affected populations. The UN Security Council recently condemned Iranian attacks on regional states in a resolution led by... [Continue Reading]
360LiveNews | 13 Mar 2026 07:51
