GLOBAL ENERGY CRISIS: The global economy faces "major threat" and the current energy crisis is worse than the oil shocks of the 1970s, the International Energy Agency warned, as Asian markets tumbled on the escalating threats. The U.S. moved to ease sanctions on Iranian oil to cool surging prices, but that could be a boon for Tehran.

The U.S. and Israel could soon escalate the war against Iran on Monday as President Donald Trump's deadline for Tehran to reopen the Strait of Hormuz ticks closer.

Fears grow in Lebanon of Israeli ground invasion as IDF preparing for "several more weeks of fighting against Iran and Hezbollah".

At war with Iran, President Donald Trump is cycling through an increasingly desperate list of options as he searches for a solution to the crisis in the Strait of Hormuz.

Strait of Hormuz closure dominates a Trump-Starmer call, as Trump's 48-hour ultimatum to Iran warns of further U.S. strikes on Iranian energy infrastructure.

Israelis said securing the strait for energy shipments could become the war’s main goal now that regime change and ending Iran’s ability to obtain a nuclear weapon seem out of reach.

U.S.-Iran threats over Hormuz rattle markets as oil risk lingers and missiles hit Israel, raising fears of a prolonged conflict.

Strait of Hormuz traffic is near collapse as Iran reportedly charges tankers $2 million in transit fees, prompting President Trump to threaten strikes on Iranian power infrastructure.