The bloc currently imports more than half of its crude oil from the Middle East.
From NATO to OPEC, global alliances seem strained like never before.
Iranian state media says air defence systems were activated in western Tehran as multiple explosions were reported.
US military says it intercepted and responded to ‘unprovoked’ Iranian attack, stressing that it doesn’t seek escalation.
Draft resolution demands Iran halt attacks, pin-point mines and ensure passage of humanitarian aid through strait.
Chinese and Iranian foreign ministers meet while a tense ceasefire holds.
US sanctions target Iraq’s deputy oil minister for allegedly aiding Iran in bypassing restrictions on oil exports.
The US accuses Ali Maarij al-Bahadly of helping Iran avoid sanctions and export its oil through Iraq.
Iranian President Masoud Pezeshkian says he has met with Iranian Supreme Leader Mojtaba Khamenei.
Tehran emphasises solidarity among top officials as Washington pressures Iran during Strait of Hormuz disputes.
Fuel costs, inflation and debt pressures are testing Asian economies.
