One call from India and 'war' can be stopped !!!! :::: "We've already won in many ways, but we haven't won enough" ::: Global concern; How high could the oil price go?

Fears over the global economy have been stoked by the oil price soaring past $100 a barrel as a result on the US-Israel war with Iran.

More than 5,000 Iranian targets have been struck so far, Donald Trump says, adding that the US could take out all its remaining targets “in one day”.

Oil prices passed $119 a barrel on Monday, the highest level since Russia’s full-scale invasion of Ukraine in February 2022. Continued closure of the strait of Hormuz could drive the price close to $150 a barrel, above the record high of $145.29 set in July 2008.

Economists say the increasing likelihood of a prolonged conflict in the vital energy exporting region could have serious consequences for living standards around the world amid the threat of a renewed inflation shock.

Against a highly uncertain backdrop, financial markets are under heavy selling pressure, consumers are facing rising prices, banks could be forced to increase borrowing costs and governments will come under pressure to support households and businesses. 

US Prez Donald Trump says Iran war will be over 'pretty quickly' but US hasn't 'won enough' yet, as Israel launches strikes on Tehran. 

He told CBS News, the BBC's US media partner, that the US is "ahead of schedule" - though he has previously said the war could last several weeks. Meanwhile, Israel says it has launched its second wave of strikes today against Tehran

Turkey, the UAE, Kuwait and Qatar all say they have intercepted Iranian missiles today, while Israel says it has detected more attacks

Meanwhile, UK Chancellor Rachel Reeves says the war in the Middle East is likely to put "upward pressure on inflation". 

In an interview with India Today TV, Hussain Hassan Mirza, the first UAE Ambassador to India, spoke about how India, which has good relations with both Israel and Iran, can help de-escalate the conflict in the Middle East.  

“India is a great country. The profile of India... the mere fact that one telephone call from Mr Modi to both Israel and Iran to stop, it will stop. One phone call,” Mirza said.

Air New Zealand, has increased flight fares and suspended its earnings guidance due to “unprecedented volatility in global jet fuel markets”.

"Within a week they were going to attack us 100%. They were ready. They had all these missiles far more than anyone thought, and they were going to attack us, but they were going to attack all of the Middle East and Israel.

"And if they had a nuclear weapon, they would have used it on Israel. And this was going to be a major attack. I know they had all of those missile sites and all those launchers that we got rid of," - Trump said.