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Analysis: Can Iran’s proxies save the regime?
LONDON: Missiles and drones are again crossing Middle Eastern skies, while tanker traffic stalls at the Strait of Hormuz, raising fears that the killing of Iran’s supreme leader could spiral into a regional war with far-reaching consequences. Oil has jumped beyond $80 a barrel, with warnings it could go much higher if key shipping lanes remain disrupted. The economic shock waves caused by any prolonged disruption could reverberate across the globe. So far, Tehran’s retaliation against US-Israeli strikes has generated more alarm than advantage.
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theguardian.com
Oil could be driven over $100 a barrel by Iran conflict, analysts warn, as stock markets drop – business live
Rolling coverage of the latest economic and financial news
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aljazeera.com
Analysis: Khamenei’s killing leaves Iran’s ‘axis’ in disarray as war widens
While Hezbollah launches preemptive strikes, Tehran tells Al Jazeera it doesn't need outside help in defending itself.
