
Regime invokes religious history to galvanise support from Shia groups after Ayatollah Ali Khamenei’s assassination

Analysts are sceptical that releasing strategic reserves would solve the problems in the Gulf

IDF preparing extended campaign against militant group Hizbollah, according to people familiar with discussions

Brent crude falls to $91 after surging to nearly $120 on Monday

Finance ministers pledge ‘necessary measures’ to tackle surging crude prices with deal expected as soon as Tuesday

The appointment of Mojtaba Khamenei has dashed the US president’s hope of picking Iran’s new leader

Middle East war has triggered surge in crude prices that threatens global economy

How US deals with crucial export hub could shed light on its longer-term strategy towards Iran

Markets suggest the ramifications are likely to drag on and spread