Global oil prices surged to 116 dollars per barrel after Donald Trump suggested seizing the Iranian oil hub of Kharg Island while Houthi rebels launched missiles at Israel.Asian stock markets plunged over three percent as the US deployed 3,500 additional troops to the region following the effective blockade of the Strait of Hormuz.Keir Starmer and
Rachel Reeves are coordinating with
G7 leaders to address potential fuel shortages and accelerate clean energy initiatives to reduce vulnerabilities.