The Middle East ceasefire faces renewed pressure after fresh Iran-US strikes, missile launches, and rising regional tensions
Oil prices surge above $100 per barrel after US strikes in Iran raised fears over Middle East tensions and supply disruptions
Iran oil passage eases Strait of Hormuz bottleneck as Tehran signals seriousness in Middle East peace talks
Strait of Hormuz closure ordered by Iran’s new leader as Middle East war escalates, pushing oil prices above $100 and threatening global supply
US-Israel-Iran conflict could push global oil prices higher, raising fuel costs and living expenses in New Zealand if Persian Gulf supply is disrupted
