As Donald Trump threatened to wipe out an entire civilisation in Iran ahead of his latest deadline for Tehran to open up the Strait of Hormuz, Qatar's foreign ministry official warned that the world was nearing a point beyond which the war would be out of anyone's control. Oil markets continue to be volatile amid ongoing tensions, while physical prices refiners are paying are rising to record levels with premiums on crude with earlier delivery dates surging. 

Israeli airstrikes have hit two petrochemical plants in Iran's South Pars gas field complex.  It is the second time Israel has targeted the key energy complex since the war started.  The previous attack, on March 18, triggered retaliatory strikes by Iran on energy infrastructure across the region. We look at why the gas field is so important for Iran and the world. Plus, Pakistan has offered public transport to people to cushion the impact of the Middle Eastern energy crisis. 

As crude prices hover around the $110 per barrel mark on Monday morning, consumers worldwide are feeling the impact of the war in Iran and the closure of the Hormuz Strait when they head to the petrol pump. In China, where more than half of new car sales are for electric vehicles, that impact may be less pronounced, as France 24’s Bryan Quinn explains in his report. Also in this edition, "Super Mario Galaxy Movie" has achieved the best opening release of the year so far.

It has been a year since US President Donald Trump introduced sweeping new tariffs, reshaping the global trade landscape. After 12 months of upheaval and uncertainty, what is left of the so-called “Liberation Day” duties? Also in the show, soaring oil prices are driving a surge in car-pooling services in France.

Oil prices rose and stocks fell on Wednesday following US President Donald Trump’s speech in which he warned he would hit Iran “extremely hard” over the next two to three weeks. Meanwhile, Iran has reportedly begun collecting tolls from ships seeking safe passage through the Hormuz Strait. We’ll take a closer look at how this process is unfolding and whether it could be formalised. Also in this edition, SpaceX has filed for what could become the world’s largest ever Initial Public Offering.

The average price of regular gasoline in the United States has topped $4 a gallon for the first time since 2022, as the war in Iran continues to disrupt global energy supplies. Meanwhile, inflation in the eurozone rose to 2.5% in March, surpassing the European Central Bank’s target amid rising energy costs. And in Egypt, shops and restaurants are being forced to close early under government-imposed energy-saving measures introduced in response to surging fuel prices.

Oil prices searched for direction on Tuesday amid conflicting events related to the Iran war. While US President Donald Trump's threats that the US would obliterate Iranian energy infrastructure if the Strait of Hormuz remained closed led to an increase in prices, a later report saying Trump is seeking an end to the war brought them down. Also in this edition: inflation in France ticks up because of higher energy prices and Australia threatens legal action against social media giants.

Global oil prices have continued to surge after Yemen's Houthi rebels entered the Middle East war, launching attacks on Israeli targets. The Iran-allied militants had previously attacked commercial ships passing through Bab-el-Mandeb, a maritime chokepoint between the Red Sea and the Gulf of Aden, during Israel's war with Hamas. The weekend events have stoked fears of wider disruption to the global energy and goods trade as the strait is crucial for shipping between Europe and Asia via the Suez Canal. 

Oil surged over $115 a barrel this Monday as the war in Iran entered its fifth week. Houthi strikes on Israel have raised concerns that shipping through the Bab el-Mandeb strait could be disrupted, adding to the supply pressure already created by the effective closure of the Strait of Hormuz. Also in this edition, we see how the conflict in the Middle East is affecting a wide range of businesses, including used car dealers in Japan and South Korea.

Concern that the Iran war could plunge the world into stagflation is rising as hostilities in the Middle East continue with no end in sight. The European Bank for Reconstruction and Development (EBRD)'s chief economist Beata Javorcik tells FRANCE 24's Yuka Royer that while the world is not yet seeing high stagflation risks, everything depends on how long the conflict will last. Ongoing high energy prices will lead to higher inflation, which will in turn hurt growth.