The ongoing Middle East conflict continues to intensify, triggering both military escalation and economic impact. Following fresh warnings by Donald Trump, global crude oil prices have surged by around 2%,

BEIJING, April 5 (Reuters) - China is willing to continue to cooperate with Russia at the U.N. Security Council and make efforts to cool down the Middle East situation, Foreign Minister Wang Yi told his Russian counterpart Sergei Lavrov in a phone call on Sunday.

A Middle East expert warns the war in Iran could severely impact global oil prices and potentially draw in powerful allies like China.

Several cruise lines canceled Middle East voyages amid the Iran conflict, as MSC Cruises chartered flights to repatriate more than 1,500 stranded guests.

By Leika Kihara TOKYO, April 6 (Reuters) - The Bank of Japan said surging oil costs and supply disruptions brought about by the Middle East conflict could hurt the economy, signalling caution over downside risks to growth that may prod it to tread cautiously in raising interest rates.

Pakistan’s economy grew in the last quarter as the Middle East conflict weighed on the nation, which imports most of its fuel requirement.

Ticket prices across airlines in Asia increase in the midst of Iran War tensions, Asian travelers look elsewhere to relax

The S&P 500 (.SPX) posted a gain in the holiday-shortened week, snapping a five-week streak of losses. The benchmark index earlier in the week closed its worst-performing quarter since 2022, weighed down since late February by the war and the resulting surge in energy prices.