Oil price hits $117 as US mulls ground assaults in Iran.
Israel and Iran exchanged fresh missile fire on Monday, heightening fears of a wider Middle East conflict and sending global oil prices sharply higher. Concerns intensified over possible direct United States military involvement, especially after reports suggested Washington may be considering a ground operation targeting Iran’s Gulf islands. Iran also launched new strikes on a water desalination facility in Kuwait, following attacks over the weekend on its own electrical […]