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Bahrain faces economic collapse as Iran's retaliatory strikes damage its oil and aluminium industries, while the Strait of Hormuz closure threatens vital exports.
Catch up on global daily news
Compelling long reads
Future-gazing analysis, predictions and speculation
Tune into captivating conversations
Watch engaging short films

Even if the Strait of Hormuz reopens, expect lasting change to energy markets

Gulf states could join the conflict

As America amasses an armada, the regime’s response to recent protests is radicalising Iranians

America’s raid in Venezuela has some officials in Tehran wondering if their country will be next

Demanding tolls or restricting traffic indefinitely would be self-defeating, argues Ali Amiri, an Iranian businessman

This week’s ceasefire leaves the region less secure than when the war began