The UK Chancellor Rachel Reeves says the government will not ‘take anything off the table’ in response to the threat of rising energy costs

The G7 summit in Alberta, Canada will congregate for a third day today - with the notable exception of US President Donald Trump. The US president left the economic bloc's summit ahead of schedule last night, with the White House confirming he had to see to affairs at home as Israel's strikes on Iran continue.

The conflict between Israel and Iran has the potential to considerably disrupt global energy markets, with each nation attacking the other’s oil and gas infrastructure.

A further escalation in Iranian-Israeli tensions could take oil prices above $80 and would mean more upside for the dollar.

The ongoing Israel-Iran conflict could trigger global instability, spike oil prices, disrupt trade routes, increase inflation, and strain diplomatic relations, forcing countries like India into comple

The dollar’s weak response to the conflict between Israel and Iran suggests investors are reassessing their exposure