$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock

Energy analysts are bracing for a possible oil supply shock after U.S. strikes on Iran reignited fears of disruptions in the Strait of Hormuz.
Iran may ‘lash out harder’ as Khamenei’s death puts Tehran on a war footing, leaving the world bracing for what’s next

Iran’s strategic allies Russia and China have made strong diplomatic protests, but analysts say neither is in a position to offer meaningful support.
Live Updates: Iran’s retaliatory strikes and regional tensions surge post-Khamenei

Follow the latest news after the U.S. and Israel launched a massive attack on Iran that reportedly killed Iran’s Supreme Leader Ayatollah Ali Khamenei.
Iran after Khamenei: What’s next and what it means for the country?

Khamenei assumed power following the death of Ayatollah Ruhollah Khomeini in 1989, inheriting a revolutionary state still consolidating itself.
How the attack on Iran could impact the global oil market and economy

The U.S.-Israeli attack raises the risk of major oil supply disruption. Iran is the fourth-largest OPEC producer and sits on the critical Strait of Hormuz.
Anthropic’s Claude hits No. 2 on Apple’s top free apps list after Pentagon rejection

OpenAI’s ChatGPT remains the top free app in the U.S. on Apple’s rankings, but Claude has steadily gained traction.
Xiaomi launches flagship smartphone as memory price surge threatens sales

The Xiaomi 17 starts at 999 euros ($1,179) while the Xiaomi 17 Ultra starts at 1,499 euros, with the device priced the same as its predecessor.
Berkshire CEO Greg Abel vows to keep Buffett’s culture of disciplined investing in first annual letter

Berkshire Hathaway’s Greg Abel released his first annual shareholder letter as chief executive.
‘Bigger ramifications than Venezuela’: Markets brace for impact after U.S. strikes Iran

Investors are bracing for impact after the U.S.’s attacks on Iran, a move they see as carrying far larger market consequences than the Venezuela campaign.
U.S.-Iran strikes live updates: Explosions heard as retaliation targets U.S. military bases

President Donald Trump confirmed Saturday morning that the U.S. and Israel launched “major combat operations” in Iran.