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European equities rebounded on Tuesday as traders continue to watch developments in the Middle East.
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His father, Ayatollah Ali Khamenei, had turned what was traditionally a religious affairs office into a shadowy national security juggernaut.
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The attack on Iran has led to a surge in energy prices at a moment when the cost of living is a major issue heading into the fall elections.
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Asia-Pacific markets rebounded from Monday's rout after oil prices fell and Wall Street bounced back.
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Trump's answered questions about the U.S.-Israel-led war in Iran at a press conference — his first since the attacks began — held as oil and gas prices soar.
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The price of oil surged Monday, as the effects of the Iran war hit markets worldwide and stoke fresh worries about inflation.
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Oil prices plunged after Trump warned that Tehran would be hit "twenty times harder" if it attempted to halt oil flows through the Strait of Hormuz.
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;Resize=(620)) FIFA's World Cup chief operating officer says the tournament is "too big" to be postponed because of global turmoil caused by the U.S. and Israeli war against Iran.
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It has been the most volatile day of oil trading in world history, and there is much still to play out.
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Oil prices and stocks initially swung wildly, and Iran's foreign minister promised "surprises," calling the strikes against his country "Operation Epic Mistake."
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Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait of Hormuz
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Oil prices spiked as high as nearly $120 per barrel overnight.
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;Resize=(620)) A prolonged global supply disruption could send food prices higher later this spring: analysts
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A protest by anti-monarchists is staged outside the Commonwealth Day service at Westminster Abbey.
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