Oil price rises past $115 as Iran conflict worsens
Prices for Brent crude rose 2.9 per cent during early trading in Asia
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Avoid energy protectionism, UK chancellor will tell G7 allies
Partners urged to ‘act together’ and not ‘weaken collective resilience’ as nations grapple with Strait of Hormuz closure
Distressed-debt funds target private credit downturn as ‘greatest opportunity’ since 2008
Investors anticipate money-making bonanza as sector comes under strain
Netanyahu expands Israel’s invasion of Lebanon
Forced evacuation orders have displaced more than 1mn people in Lebanon
$270mn American E-3 Sentry warplane damaged in Iranian attack
Tehran accuses Washington of seeking talks while secretly preparing to invade
The Iran war will cement China’s superpower status
Beijing’s industrial prowess positions it for economic and diplomatic gains