US average fuel price passes $4 a gallon for first time in four years amid Iran war

Stocks rally after reports suggest Trump might end the war soon, saying ‘we’re not going to be there for too much longer’

Who are the Houthis – explained in 30 seconds

Yemeni militant group is ally of Iran and has previously caused huge disruption to global trade through attacks on Red Sea shipping

US stock market caps off fifth consecutive week of closing down

Dow fell 800 points as oil prices continue to climb, and markets are still on edge despite US pause on Iranian energy strikes

Australian growth forecasts slashed as global economy faces inflation spike

OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation

Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos

The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itself

We’re letting big corporations gamble with our lives. Act now, or the food could run out

The fragility of the global food system fills me with dread – and the war with Iran has exposed just how close to collapse it is, says Guardian columnist George Monbiot

Stock markets swing and oil prices fall after Trump postpones strikes on Iran power plants

European shares start to rise after US president says talks have been ‘very good and productive’

Energy shock talk grabs headlines but the Iran war is also driving the world towards a food crisis

Growers face soaring fertiliser and fuel costs as shipping choke point of the strait of Hormuz hits supply chains

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy

Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say experts

‘Huge build-up of risk’: London’s centuries-old shipping industry wrestles with Iran war

Insurers at Lloyd’s of London say cover is available at a price, while merchants view the danger level as too high

‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East

Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economy

Prolonged high oil prices could ‘crimp’ AI boom, WTO warns

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report says

IEA to consider release of more oil reserves as Iran war keeps prices high

Head of world’s energy watchdog says it will take time for markets to recover from ongoing crisis in strait of Hormuz

Africa particularly vulnerable as Iran conflict disrupts supply chains, say experts

Food production in many African countries depends heavily on fertiliser imported from the Gulf through the strait of Hormuz

Beyond the strait: why attacks on Kharg Island could keep oil prices high

Oil could pass 2008 record of $147.50 a barrel as damage and field closures risk compounding supply shock caused by Iran war