War in Iran impacts global energy

The U.S.-Israeli war on Iran is having profound effects on the global economy, with Brent crude prices remaining volatile as the Strait of Hormuz faces potential closure.

In France, the fishing industry is struggling with unsustainable fuel costs, while in the UK, the 'cost of dying' has risen as gas-dependent crematoriums pass on expenses to families.

OPEC+ delegates have indicated they will increase production quotas for May, though analysts describe the move as largely symbolic given the actual supply disruptions.

The crisis is also accelerating a shift back toward coal in some nations desperate for energy security.