Having once more soared beyond $110 per barrel on Thursday, could oil prices reach new records beyond $150 as some analysts believe?

Dozens of international law experts in the US have signed an open letter saying that American strikes on Iran may amount to war crimes, after President Donald Trump reiterated his threats this week to strike Iran’s power and desalination plants.

The proposal would lift Pentagon spending by more than 40 percent in a single year -- the sharpest increase since World War II

Iran's military said Friday it had downed a second US jet in the Gulf, state TV reported, after an F-15 fighter had crashed in the country's southwest

Iran stepped up its attacks on Israel and targets across the Gulf yesterday, as US President Donald Trump warned Washington had yet to begin “destroying what’s left” of Iran’s infrastructure.

One crew member rescued, search continues for second

The official, who spoke on condition of anonymity, did not offer further details

The vessel's owner says

Trump has threatened to bomb Iran "back to the Stone Ages"

The war, which erupted more than a month ago with US-Israeli strikes on Iran, has spread throughout the Middle East and roiled the global economy, impacting hundreds of millions worldwide.

Pakistan's ascension on the international stage is however causing heartburn in India, which has usually had the higher diplomatic profile of the two rivals.

Oil benchmarks rise after speech, stocks slide

'Defensive systems are operating to intercept the threat,' says Military

The third reported salvo came shortly after US President Donald Trump delivered an address to the American public about the Middle East war.

Trump gives a 19-minute speech amid high oil prices and low approval ratings.

"Attacking Iran's vital infrastructure -- including energy and industrial facilities -- directly targets the Iranian people," Pezeshkian said in an open letter, published to his website Wednesday.

Says Iran war's core objectives near completion

Trump gave Iran war updates from White House in primetime speech

The United States would be “out of Iran pretty quickly” but could return for targeted strikes if needed, President Donald Trump said yesterday, as the International Energy Agency warned that global oil supply disruptions could double in April.

The US president also expressed his hope for a deal with Iran’s new leaders