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President Donald Trump called surging oil costs a "very small price to pay." Group of 7 leaders are set to convene on Monday to assess the economic fallout.
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The war in the Middle East has sent prices soaring, showing how much the world continues to depend on reliable supplies of oil and gas.
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The officials also claimed that the sharp increase in gasoline prices resulting from the Iran war would last only weeks.
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The price of crude oil briefly neared $120 a barrel Monday as Iran named Mojtaba Khamenei the supreme leader and then launched new attacks at Israel and Gulf states.
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The U.S. markets fell at Monday's open, while Asian and European markets tumbled as tensions in the Middle East led to more energy supply disruptions, rattling investors.
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As turmoil continues in the Middle East, the price of crude oil rose to more than $100 a barrel on Monday.
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Norwegian police say their investigation so far shows Sunday's blast was caused by an improvised device.
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The agreement, which requires a judicial sign-off, would avoid a breakup of the concert giant. But states who joined the suit object to the terms.
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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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European stocks started the new trading week sharply lower as traders tracked developments in the Middle East and a surge in oil prices.
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The city's police commissioner says a suspect used an improvised device that could have caused "serious injury or death".
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World shares tumbled on Monday, with Japan's benchmark Nikkei 225 index plunging more than 5%, after oil prices spiked at nearly $120 a barrel.
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Two men were in serious condition in central Israel, said Magen David Adom.
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Arrests were made with both police officers and fans injured during clashes following Celtic's 4-2 win on penalties.
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President Donald Trump called upon the Iranian Revolutionary Guard, military and police to "lay down their arms" against the U.S. and Israel.
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A motive for the explosion was unclear as of Sunday morning, but the police were investigating and said it appeared to be a "targeted attack."
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;Resize=(620)) New York ?City police said on Sunday a device that was ignited and thrown during protests outside Mayor Zohran Mamdani's home over the weekend was an explosive that could have caused serious injury or death.
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The U.S. announced the death of a seventh service member in the war with Iran on Sunday. Also on Sunday, Israel targeted Iran's oil facilities for the first time, with videos showing huge flames.
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;Resize=(620)) Provincial police say 23 people were rescued after a piece of ice they were standing on separated from shore in Georgian Bay.
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The new supreme leader was selected as environmental fallout from Israeli strikes on fuel depots blanketed parts of Tehran.
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