Iran’s War Goes Global: Energy, Allies and Proxies at Stake

Iran’s widening conflict is hitting global energy markets and dragging in regional and international players as it targets oil facilities and shipping lanes to raise costs for the U.S. and its allies; with European powers trying to stay out, economies face disruption that could pull more countries into the fight through energy security concerns, while fronts could flare in Lebanon and Yemen and a negotiated settlement remains distant.