Oil shock triggers global price spikes as Iran war drags on

NEWS SUMMARY

The ongoing conflict between the US and Iran, particularly disruptions in the Strait of Hormuz, has triggered a global oil shock. This has led to worldwide price spikes, impacting workers in countries like Nigeria, Vietnam, and India with increased costs, longer hours, and job losses.

This page aggregates and summarizes reporting from Al Jazeera. The Conflict Pulse does not author original reporting. Read the original source for full coverage.

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Israel–Palestine

The Israeli-Palestinian conflict is an ongoing military and political conflict in the Levant, with recent major escalations beginning in October 2023.