Ripples from the conflict are snarling trade far from the Middle East.

In terms of total production loss, this is the worst oil crisis in modern history, surpassing the 1970s Arab embargo and the Gulf War disruptions of the early 1990s. Two weeks into the Iran war, hopes for a quick resolution to the Strait of Hormuz shipping crisis are fading fast.

The economic risks of the war in Iran are getting real for Americans at home. Stock markets ended the week down again as the conflict dragged on. This as U.S. crude oil costs are pumped up. Andres Gutierrez has more on the energy shock.

The latest choppy trading follows heavy turbulence in the market earlier in the week, which has the major indexes headed for their third straight losing week.

The war with Iran is doing collateral damage to the world economy. The conflict is driving up energy and fertilizer prices; threatening food shortages in poor countries; destabilizing fragile states such as Pakistan;

About 2,500 U.S. Marines are being deployed to the Middle East as American and Israeli strikes keep pounding Iran and the Islamic Republic keeps attacking Persian Gulf shipping and energy infrastructure.

The US said it had stepped up strikes on Iran to unprecedented levels as the war that’s engulfed the Middle East hit the two-week mark and continued to upend energy flows and global markets.

Israeli strikes sent smoke over central Beirut, just yards from government buildings, and triggered air‑defense systems across Tehran. Iran’s new supreme leader, Mojtaba Khame