Iran war triggers energy crisis

United Airlines and Amazon have already introduced new surcharges to combat rising fuel and logistics costs.

In the Philippines and Pakistan, surging prices have forced travelers to stay home and triggered widespread panic buying at gas stations.

European leaders are weighing fuel rationing options as the UK faces the sharpest growth downgrade among G7 nations due to the energy shock.

Despite the volatility, some US banking leaders have expressed support for the war, arguing that ending proxy conflicts will provide long-term stability.