Iran, U.S. tensions threaten global energy supplies

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Reports indicate that the confrontation is producing consequences beyond the immediate military sphere. Iran says it may respond forcefully to suspected preparations for another attack, while a U.S. warning in the United Arab Emirates cited possible flight cancellations and airspace closures. Saudi-led forces also reportedly intercepted a Houthi ballistic missile aimed at Riyadh. At the same time, global diesel futures have more than doubled since the beginning of 2026, with limited refinery capacity and constrained Middle Eastern and Russian supplies increasing the risk of further price shocks. The available reporting does not establish that a new full-scale attack has begun, so this story is best classified as developing rather than breaking.

Sources: Indian Express, News9 Live, NDTV, Reuters, Democracy Now