World powers respond to rising Middle East tensions as Israel strikes Iranian sites. The U.S. insists it was not involved in strikes, and the much of the globe urges restraint.

A ballistic missile launched from Iran hit and damaged a building in Bat Yam, Israel, on June 15, 2025. Israel and Iran continued intense bombardments on one another's territories

Financial markets are set to reopen Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureAs Part of a $45 Billion Push,

Global oil prices experienced an immediate spike after Israel announced an attack on Iran as tension escalated in the Middle East region, sparking fear of

G7 will also be a platform for Canadian PM Carney to showcase his leadership at a time of economic, geopolitical shifts.