US Fifth Fleet targeted in Bahrain, says Iran, in latest exchange of strikes – as it happened

This blog is closed. You can read our latest full report hereResurgent oil and fuel prices could cement a fourth interest rate rise in Australia this year if Donald Trump’s renewed conflict with Iran is not resolved within a week, economists warn.US missile strikes on Iran and Trump’s announcement of a new maritime blockade has lifted oil prices to their highest point in the month since the two countries agreed to a peace deal. Continue reading...