Pope Leo on Wednesday praised the two-week ceasefire in the Iran war, hours after calling U.S. President Donald Trump’s threat against the population of Iran “unacceptable”.
More than 40,000 flights were cancelled in the region between February 28 and March, according to data by the aviation analytics company, Cirium.
The heads of the International Energy Agency, the International Monetary Fund and the World Bank Group have agreed to form a joint coordination group.
Over the weekend, about 2,500 Marines arrived in the Middle East.
The report said the public has been forced to incur between $104.2 and $111.6 billion in additional energy costs within one month of the Middle East conflict.
The United States Department of War has ordered the deployment of about 2,000 American paratroopers to the Middle East.
Sri Lanka has issued guidelines to government institutions on the prudent use of energy amid potential disruptions to fuel imports due to escalating tensions in the Middle East.
The missiles triggered air raid sirens in parts of Israel, including Tel Aviv, where blasts from interceptions were heard.
In view of the escalating situation in the Middle East, EU leaders said they do not want to be caught off guard by a potential migration crisis.
Mr Iledare said, “A deregulated market is not a lawless market.”
