Wang Yi tells Saudi and UAE counterparts China will send special envoy as conflict escalates; urges protection of civilians, energy assets and shipping lanes
The statement, broadcast through Iran's state media, marked one of the most direct warnings issued by the organisation since the conflict begun five days ago
India is vulnerable to supply shocks, with crude stocks covering only about 25 days of demand, while refiners hold similarly limited inventories of gasoil, gasoline and liquefied petroleum gas
US Defence Secretary Pete Hegseth said a US submarine had hit an Iranian naval ship in the Indian Ocean, the first such attack on an enemy since World War II
Economists have cautioned that the direct cost of military operations represents only one part of the broader financial impact, with overall cost expected to exceed direct military spending
As the war headed into the fifth day, global markets reacted to mounting concerns of a prolonged conflict in a region along a major corridor of oil and gas exports
A bust of Mahatma Gandhi was unveiled at an American university "reflecting the growing engagement" between India and the northwestern US state of Montana, officials said
The move follows violent demonstrations in Pakistan over the killing of Iran's Supreme Leader Ayatollah Ali Khamenei, which reportedly led to the deaths of dozens of protesters
A prolonged conflict could ripple broadly across the global economy, threatening the energy supplies of countries halfway around the world and stoking inflation
