President Trump has voiced his frustration with Prime Minister Benjamin Netanyahu of Israel, but it is not clear how able he is to rein in Israeli military action.

© Pool photo by Ronen Zvulun

Iran’s leaders want to show they are serious about defending their Hezbollah allies in Lebanon and maintaining the regional balance of power, analysts say.

© Shir Torem/Reuters

The Iran war is pushing countries to prioritize domestic energy in order to protect themselves from volatile oil and natural gas markets.

© Jes Aznar for The New York Times

As it braces for a possible U.S.-Iranian peace deal, Israel now knows that if it responds forcefully to attacks by Hezbollah, Iran may strike Israel with missiles.

© Pool photo by Ronen Zvulun

As the war in Iran persists, signs point to a prolonged period of higher prices and slower growth rather than a quick shock.

© Violette Franchi for The New York Times