Dozens of countries met this week to discuss how to end the world’s dependence on fossil fuels, a goal that the Trump administration doesn’t share.

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.

Ayatollah Mojtaba Khamenei said in a statement that Iran would establish “new legal frameworks” for the Strait of Hormuz. He also said his country would retain its nuclear capabilities.

In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.

The Treasury Department also targeted a top independent Chinese refinery that it said was a major buyer of Iranian petroleum.

As the Persian Gulf conflict boosts the oil revenue that finances Moscow’s war against Ukraine, Kyiv’s forces are striking at Russia’s ability to refine and ship its crude.

The secretary of state said the United States and Iran were passing messages to each other as he headed to France for a diplomatic meeting of the Group of 7 nations.

Just after stocks ended another bruising day, the president took to social media to promote progress in talks with Iran.

The reprieve would ease disruptions in Malaysia’s energy supply, but the prime minister has vowed to make preparations for a more volatile future.

Cuban health care was once the pride of the island. Now the U.S. oil blockade is upending even basic medical care.

European politicians risk angering their voters if they join America’s war. Yet they could also face domestic upheaval if they take no action to reopen shipping routes that Iran has blocked and ease an energy crisis.

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

Their troubles could cascade across Asia because they export a majority of their products.

The president has domestic and international political motivations for touting negotiations to end the war. Iran has similar ones to deny discussions.

There may be no country better situated geographically than Iran when it comes to bringing an oil-dependent world to its knees.

President Lee Jae Myung called on the public to cooperate, likening the energy supply disruption caused by the Iran war to the Asian financial crisis and the pandemic.

Our national security correspondent David E. Sanger looks at President Trump’s trouble handling retaliatory attacks by Iran that have largely choked off the Strait of Hormuz.

With the use of electronic jamming systems and interceptor drones, the Ukrainian national oil and gas company may be a model for others.

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 president’s messages on the war have shifted, but the latest threat might be a sign that he’s moving to a harder stance.

Tehran “will not hesitate in defending its people and its land,” a senior official said, after President Trump threatened to destroy Iranian power plants.

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

In the first days of the U.S.-Israeli campaign against Iran, Mr. Trump pressed for a popular uprising against Tehran’s government.

Treasury Secretary Scott Bessent estimated that the move would add about 140 million barrels of crude to the oil market.

The Israeli military said it had killed the spokesman for Iran’s Islamic Revolutionary Guards Corps, and Iran warned that it could target American and Israeli military personnel.

The Persian new year and the end of the holy month of Ramadan were marked by continuing strikes in the region as the war reached the end of its third week.

Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies.

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.

Strikes continued in the region as attacks on energy infrastructure rattled global markets.

Inflation and its consequences for growth are a growing concern for countries where memories of the 2022 energy crisis are fresh.

The ship was struck near an Emirati port, in the first such attack in five days. The United Arab Emirates also said it was intercepting Iranian drones and missiles.

President Trump warned that he could postpone a meeting set to begin in just over two weeks if China refuses to help reopen the Strait of Hormuz.

President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.

A protest in the city of Morón in central Cuba culminated in fiery vandalism at the local Communist Party headquarters.

The fighting is raising energy prices, hitting farmers and reshaping geopolitics. We look at the ripple effects worldwide.

As the conflict with Iran expands and intensifies, President Trump’s options — to fight on, or to move toward declaring victory and pulling back — both carry deeply problematic consequences.

Energy Secretary Chris Wright said the Strait of Hormuz, a critical passageway for oil shipments, remained unsafe for tankers. Iran has been firing projectiles and laying mines.

Iran’s response to days of aerial bombardment and long-range artillery strikes has proved more resilient than Trump administration officials anticipated.

President Miguel Díaz-Canel, whose country is rapidly running out of fuel, said the talks were based on “respect for the political systems of both countries.”

Although President Trump said seizing tankers would be a financial boon, the cost of maintaining just one aging ship has already reached $47 million.

Kremlin officials said the American move, which Europe opposes, showed that Moscow could not be dislodged from the center of global energy markets.

After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.

The Trump administration has been trying to choke the Cuban government through an oil blockade. The prisoner release appears to be an effort to appease Washington.

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term.

Iran’s new supreme leader delivered a forceful message in his first public statement since succeeding his slain father, as the Israeli military bombarded Tehran and the Lebanese capital with strikes.

President Trump is tempering the political ambitions of María Corina Machado, a Nobel laureate, as he deepens ties with her foes in Venezuela.

The indicted tycoon Alex Saab is being detained in Venezuela on a U.S. request. His case tests President Trump’s sway over the country’s new rulers.

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

Now 11 days into an expanding military campaign, President Trump and his officials have given conflicting indications on when the United States intends to end the war.

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.

The volatility in energy markets because of the war in Iran could not come at a better time for President Vladimir V. Putin.

The Gulf conflict has led to higher fuel prices, and the cost of operating a plane has sharply increased. For travelers, that likely means higher fares.

Ali Larijani, the head of Iran’s Supreme National Security Council and a close confidant of Ayatollah Ali Khamenei, said Iran was determined to avenge the killing of the leader.

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.