Iran War

The Middle East conflict continues to drive up global fuel prices, triggering a surge in electric vehicle sales across Australia, Vietnam, Japan, South Korea, and beyond. Analysts say this could lead to a permanent acceleration in EV adoption in emerging markets.

A UK government minister warns that supply chain disruptions from the Iran war could keep prices elevated for up to eight months, as officials monitor stock levels and prepare contingency plans.

President Trump’s fury over European NATO members’ refusal to join the US-Israeli war on Iran is widening divisions within the alliance, with reports suggesting he is considering measures against the UK and Spain.