Global protests erupt as Iran war drives energy crisis

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According to multiple major outlets, the most consequential breaking story is the global fallout from the ongoing U.S. war with Iran, which has triggered a severe energy shock.[3][5][6] CNN reports that demonstrators across several countries are protesting skyrocketing fuel prices and widespread power cuts as the war pushes up the cost of energy and strains electricity grids.[5][6] Reuters and other agencies highlight how fighting involving Iran and its regional allies, including missile and drone threats to key Gulf and Red Sea infrastructure, is raising fears about the security of oil supplies and major shipping routes, helping drive benchmark prices above $100 per barrel and amplifying economic risks worldwide.[3][7] This energy turmoil is feeding into broader financial stress, with bond yields and borrowing costs rising sharply, and is reshaping geopolitics as governments scramble to secure alternative supplies and manage domestic unrest over the growing cost-of-living crisis.[3][5][6][7]

Sources: CNN, Reuters, NewsHawk Briefing / NetNewsLedger, The Guardian