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The conflict between the United States, Israel, and Iran has taken a significant turn with strikes on a gas field and energy production facilities. These actions are likely to have a ripple effect on the global economy, raising power, food, and other prices worldwide. As gas supplies dwindle and costs escalate, the impact will be felt across the globe.The effects of this conflict will not be limited to the Gulf region; they will echo far beyond, affecting economies and consumers worldwide. The key question is: who will feel the impact the most, and how far could this shock spread?Expert insights from Justin Dargin, an energy expert at the Middle East Council on Global Affairs, provide valuable context to understanding the potential consequences of this escalation.

US President Donald Trump has ordered a pause in attacks on Iran's power infrastructure for five days. The move comes after Trump issued a 48-hour ultimatum to Iran to reopen the critical shipping route through the Strait of Hormuz or risk US attacks on its power plants.Iran's Response to US Ultimatum: Iran threatened to attack power plants in Israel and the Gulf if its own power plants were targeted. The Islamic Revolutionary Guard Corps (IRGC) stated that it would hit power plants in Israel as well as any supplying electricity to military bases hosting US troops and assets in the region.Potential Targets: Iran could target Israeli power plants, including Orot Rabin north of Tel Aviv, with a capacity of around 3,900 megawatts, and Rutenberg in Ashkelon, with a capacity of around 2,250 megawatts. Iran also mentioned that it would target financial entities that finance US military assets, including US Treasury bonds.Energy Infrastructure: Iran's attacks on energy infrastructure in the Gulf have already had significant impacts. Qatar's state-run energy firm, QatarEnergy, halted LNG production following Iranian attacks on its operational facilities, causing an estimated $20bn in lost annual revenue. Saudi Arabia also shut down operations at the Ras Tanura plant, its biggest domestic oil refinery.Financial and Corporate Entities: Iran could target large US companies with Israeli links, including Google, Microsoft, Palantir, IBM, Nvidia, and Oracle. Iranian officials also mentioned that they would target US Treasury bonds and entities that finance US military assets.Other Critical Infrastructure: Iran's foreign minister accused the US of striking a desalination plant on Qeshm Island off the coast of Iran, cutting off the water supply to 30 villages. Bahrain also reported that an Iranian drone caused material damage to one of its desalination plants.

The world is currently experiencing a severe energy crisis, surpassing the combined impact of the 1970s oil shocks and the Ukraine war, according to Fatih Birol, Executive Director of the International Energy Agency (IEA). Speaking at a media event in Australia, Birol warned that the energy crunch prompted by the US-Israel war on Iran has exceeded the 1973 and 1979 oil shocks and gas shortages stemming from Russia's 2022 invasion of Ukraine.Birol stated that the crisis is equivalent to two oil crises and one gas crash combined. He noted that the effective closure of the Strait of Hormuz and attacks on energy facilities have reduced global oil supplies by about 11 million barrels per day (bpd), more than double the combined shortfalls of the 1970s crises. Additionally, liquefied natural gas (LNG) supplies have been reduced by about 140 billion cubic meters, compared to a shortfall of 75bcm in the aftermath of Ukraine's invasion by Russia.At least 40 energy facilities across nine countries have been severely damaged in the conflict, according to the IEA chief. Birol emphasized that the global economy is facing a major threat and expressed hope that the issue will be resolved soon.Birol also expressed concern that the scale of the crisis had not been fully understood, which prompted him to speak publicly about the situation. The IEA has proposed measures to reduce energy consumption, including facilitating remote working and carpooling, and lowering speed limits on motorways.The IEA chief is in consultation with different countries about releasing more strategic oil reserves if needed. However, he emphasized that the single most important solution to the crisis is to unblock the Strait of Hormuz, which usually carries about one-fifth of global oil and LNG supplies.

The Gaza conflict continues to escalate, with devastating consequences for civilians. Since October, 677 Palestinians have been killed and 1,800 injured in Israeli strikes across the territory. The attacks have averaged about 10 per day over the past five months, leaving a trail of destruction and despair.Abed Elrahman Hamdouna, a 31-year-old father of two and volunteer ambulance driver, was killed in a reported drone strike west of Gaza City. His death is a stark reminder of the ongoing risks faced by healthcare workers in the conflict zone. Hamdouna's family had been worried about him the most during the war, given his role in helping injured people.The Israeli military's actions in Gaza have been widely criticized, with UN experts accusing Israel of 'medicide' and deliberately targeting healthcare workers and facilities. The destruction of Gaza's healthcare system has had a catastrophic impact on the population, with over 1,500 healthcare workers killed in the war.The conflict has also had a profound impact on the mental health and well-being of those affected. Hamza Nabhan, a medical student, described the despair and hopelessness that has become a daily reality for many in Gaza. 'I think about how to wake up, charge my phone, fill my water container. I don’t think about tomorrow.'The international community has expressed concern over the humanitarian situation in Gaza, with Amnesty International accusing Israel of committing genocide against Palestinians. The organization has called for an end to the violence and for those responsible to be held accountable.

Thomas Tuchel, England's manager, is optimistic about the team's chances in the World Cup, thanks in part to their base in Kansas City. The intimate boutique hotel, the Inn at Meadowbrook, with just 54 rooms, is seen as an ideal setting for the squad to bond and prepare for matches. The hotel, located on the Kansas side of the state line, offers a quiet and secluded environment, which Tuchel believes will help the team to focus.The team's training facilities will be located 20 minutes away at the Swope Soccer Village, home of Sporting Kansas City's academy teams, on the Missouri side. Tuchel noted that the hotel's small size and private setting will allow the players to get to know each other better, which he considers crucial for their success in the tournament.England will fly in and out of Kansas City for their matches, taking advantage of the city's central location in the US to minimize travel distances. The team will also have access to a local swimming pool and a basketball court for training and relaxation.Tuchel emphasized the importance of team chemistry in the World Cup, where the schedule is expected to become increasingly congested after the second group tie against Ghana. He expressed satisfaction with the team's pre-tournament schedule, which includes warm-up matches against New Zealand and Costa Rica in Florida.

Iran has issued a stark warning to Gulf countries, threatening 'irreversible destruction' of their water infrastructure if the US follows through on its threat to attack Iran's electricity grid. This move has raised fears of a severe disruption to water supplies in the region, which heavily relies on desalination plants for drinking water.The Gulf countries, including Saudi Arabia, United Arab Emirates, Qatar, Bahrain, Kuwait, and Oman, are highly dependent on these plants, with some countries relying on them for up to 90% of their water supply. For example, Kuwait gets 90% of its water from desalination plants, while Saudi Arabia relies on them for around 70%.Desalination plants are considered critical civilian infrastructure in the Gulf, as they turn seawater into drinking water through a process called reverse osmosis. These plants are situated on the coast, making them an easy target for an Iranian attack, and disabling them would have a significant impact on civilian populations and industries.Iran has already followed through on a similar threat in the past, targeting a desalination plant in Bahrain after one of its own plants was hit. Analysts have warned that any disruption to water infrastructure could trigger a major escalation in the conflict, given the potential economic and civilian impact.The impact of targeting desalination plants would be severe, with most Gulf countries only having water reserves to last around a week. If plants are struck and capacity is taken out, the impact would be quick and severe, potentially wiping out water supplies to major cities in a matter of days.

Satellite images of Tehran have revealed that toxic fires caused by Israeli bombings on oil depots were still burning days after the strikes, posing serious health risks to millions of residents in the Iranian capital.The bombings, which occurred on March 7, caused clouds of smoke to blanket the city with pollutants ranging from soot to oil particles to sulphur dioxide. A passing storm then showered Tehran with poisonous, oil-filled rain.Residents have reported headaches, eye and skin irritation, and difficulty breathing. Experts have warned that these symptoms could be just the beginning, with long-term risks of cardiovascular disease, cognitive impairment, DNA damage, and cancer.Four fuel facilities in and around the capital were hit, including the Shahran depot in the north-west, the Aqdasieh oil depot in the north-east, the Tehran refinery in the south, and the Shahid Dolati facility in the west.Satellite images taken two days after the strikes showed the Shahran depot and the Tehran refinery were still burning. Another image taken by the European Space Agency satellite on Tuesday – 10 days after the strikes – showed that those two fires had smouldered, but smoke and flames were visible at the Aqdasieh oil depot.Iran has described the attacks as “ecocide”, which is described as wanton acts of environmental destruction.The United Nations Environment Programme (UNEP) has warned that heavy smoke from burning oil was “directly inhaled by people in Iran – including young children – raising serious concerns about long-term impacts on both human and environmental health”.

The UK government has unveiled plans for seven new towns in England, a move hailed as the most ambitious housebuilding project in the country for over 50 years. These new towns will feature between 15,000 to 40,000 homes each and are designed to be built with coordinated infrastructure, including schools, healthcare facilities, public transport links, and walking and cycling paths. The locations of the new towns include under-developed inner-city land, a historic village, and an existing new town. Notably, up to 40,000 homes are planned around the Bedfordshire village of Tempsford, near the A1, on a former RAF base. This new town will also feature a major station interchange, linking the east coast mainline with a new east-west link between Cambridge and Oxford. Five of the projects are situated within or on the edges of major cities, including two in London. These include: Crews Hill and Chase Park in Enfield, on the northern edge of London, with up to 21,000 homes. Thamesmead in south-east London, with 15,000 homes, supported by an extension of the Docklands Light Railway. Victoria North in Manchester, with about 15,000 homes. Leeds South Bank, with a planned 20,000 homes. Brabazon and the West Innovation Arc in the north of Bristol, with 40,000 homes. The final project involves 40,000 new homes in Milton Keynes, a city created from Buckinghamshire farmland and villages as one of the second-generation post-war new towns. Housing Secretary Steve Reed emphasized that the plan marks a significant shift in how the UK builds for the future, with communities designed from the ground up to include homes, jobs, transport links, and green spaces.

A staggering 4.9 million children died in 2024, with the majority of these deaths being preventable, according to a new UN report. The report warns that aid cuts could hinder the global goal of ending preventable child deaths. Progress towards ending preventable deaths of children under five by 2030 has slowed by 60% since 2015. UN experts are calling for sustained investment in health systems to reach this target. “No child should die from diseases that we know how to prevent,” said Unicef executive director Catherine Russell. “But we see worrying signs that progress in child survival is slowing – and at a time where we’re seeing further global budget cuts.” The report highlights that Sub-Saharan Africa and South Asia have persistently had the worst rates of child death, largely due to newborn deaths. The most common causes of death were premature birth, pneumonia, and trauma during birth. Infectious diseases, including malaria, were also a major cause. 100,000 children died directly from severe acute malnutrition – with the highest numbers in Pakistan, Somalia, and Sudan. Aid cuts are threatening to close lifesaving facilities, humanitarian workers warn. “We are not moving far enough or fast enough and leaving 5 million [children] under the age of five vulnerable,” said Abdurahman Sharif, senior humanitarian affairs director at Save the Children. Aid cuts have affected 6,600 health facilities, with a third forced to close. Experts warn that without sustained investment, progress in reducing child deaths will slow further, and gains could begin to reverse.