If oil hits US$150, expect blood on Wall Street, pain at the pumps and fireworks from Washington.

Britain has issued a warning against all travel to Israel as tensions between Israel and Iran escalated with a fresh wave of missile strikes from both sides. As Donald Trump called for the two countries to make a deal to end the fighting,

Tehran announced it had launched some 100 missiles and vowed further retaliation for Israel's sweeping attacks on its military and nuclear infrastructure.