Energy supply crisis looming, crude price- rise above $110 as middle east war escalates

By Kayode Sanni-Arewa

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The price of crude oil has risen above $110 (£82) a barrel as the Strait of Hormuz remains effectively closed and Iranian fuel depots are battered

Iran launched a fresh wave of missile and drone strikes, targeting Israel and several Gulf states, overnight. The Israeli military says it has launched strikes on central Iran

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An Iranian drone strike in Bahrain has injured 32 civilians including four children, a state news agency says, the highest number of casualties in a single strike on the Gulf states since the war began

Meanwhile, Mojtaba Khamenei has been named as Iran’s new supreme leader, state media report

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