The Bank of England and European Central Bank held interest rates steady on Thursday, as officials search for signs of possible longer-term damage and warn of the impact of a prolonged energy shock.

Despite the fragile cease-fire in the Middle East, many Africans say they are bracing for tougher times ahead and making difficult decisions about the future.

China’s strategic reserves of oil and natural gas have insulated it somewhat, but its manufacturing-based economy is beginning to falter.

Another interest-rate cut highlights the narrowing path for the country’s central bank amid the strains of immense wartime spending.

From India to Southeast Asia to South Korea, currencies are crumbling as governments race to secure fuel that is priced in American money.

A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.

The island’s government, rationing fuel amid shortages from the Iran war, surprised residents by imposing an unusual four-day week.

Across Southeast Asia, a region heavily dependent on energy exports brought via the Strait of Hormuz, lives are being upended by higher oil and gas prices.

President Trump’s words came amid a nationwide blackout and as a top Cuban official said his country would move to open the economy to foreign investors.

The conflict is reshaping travel patterns, energy dependencies, living costs, trade routes and diplomatic alliances.

Investors now expect that the Fed will delay a rate cut until September instead of July, as they had before the war in Iran began.

President Vladimir V. Putin threatened to cut off remaining gas supplies to Europe as the Iran war drives a surge in energy costs.

The conflict in Iran may give Moscow a short-term boost economically and in Ukraine. But it has also shown the limits of Russia’s partnerships.

The Trump administration’s decision to cut off foreign oil to the island is devastating its tourism industry, a key source of income for a government being pushed to the edge.

Many Cubans are wondering if the Trump administration plans to target their country’s Communist government next.