Iran war threatens prolonged impact on energy markets as oil prices rise. The conflict has already led to the suspension of about a fifth of global crude oil and natural gas supply. The outlook poses a global economic threat and a political vulnerability for US President Donald Trump leading into the midterm elections, with voters sensitive to energy bills and unfavourable to foreign entanglements.
‘No popular support’: China warns against government change in Iran. Beijing calls for Iran’s sovereignty to be respected and demands ‘immediate stop to military operations’ in the Middle East. China has warned against seeking government change in Iran amid the ongoing US-Israeli offensive, saying any such move lacks public support. “Plotting a ‘colour’ revolution or seeking government change will find no popular support,” China’s Foreign Minister Wang Yi told a news conference.
