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Trump said US forces could seize Iran’s oil export hub at Kharg Island as the war enters its second month. Stock markets in Asia drop sharply, with investors nervous over escalation of Middle East conflictBusiness live – latest newsThe price of oil has risen sharply to $116 a barrel after Donald Trump said he wanted to “take the oil in Iran”, sending Asian stock markets tumbling.Brent crude, the international benchmark for oil, rose by 2% in early trading on Monday, after Trump said that he could seize the Iranian export hub of Kharg Island.

Spain has closed its airspace to US military aircraft involved in operations related to the Iran conflict, marking a significant shift in its defense policy and escalating tensions with the United States.

Recent military operations in southern Lebanon have resulted in casualties among both Israeli soldiers and UN peacekeepers.

Australia's government has announced a significant reduction in fuel excise to address rising fuel prices driven by global tensions.

Amnesty International has issued a warning regarding potential human rights risks for millions of fans attending the 2026 World Cup in the United States.