Oil prices have soared above 100 dollars a barrel for the first time since 2022 in response to the crisis. Speaking in the House of Commons following her meeting with G7 finance ministers, Ms Reeves said: “I am clear-eyed about my response to the current situation. “My economic approach will both be responsive to a changing world and responsible in the national interest. “The economic impact of the situation in the Middle East will depend, of course, on its severity and its duration. He is the son of Ayatollah Ali Khamenei, who was killed by US-Israeli strikes in the conflict’s early days.

Source: The Times March 09, 2026 17:31 UTC