Updated

The Iran war's disruption of oil and gas markets is driving a broader economic crisis, with the EU's energy chief warning of a 'price crisis' and urging member states to curb energy demand. Reports also indicate rising food costs in Nigeria tied directly to the war on Iran, illustrating how the conflict's effects are rippling well beyond the Middle East. These developments underscore how disruptions to Gulf shipping and energy supplies linked to the Iran conflict are contributing to inflationary pressures and humanitarian strain in both Europe and Africa.