And it benefits from reduced attention to the Ukrainian front as the conflict in the Middle East takes centre stage." Such a path threatens the Middle East, Europe, and beyond." Oil prices whipped from nearly $120 per barrel, the highest since 2022, back toward $90. But prices later fell and US stocks rose on hopes that the war with Iran may not last much longer. "We took a little excursion" to the Middle East "to get rid of some evil.

Source: The Telegraph March 10, 2026 04:46 UTC