The World in Brief from The Economist

Oil prices surged dramatically when markets opened in Asia as traders reacted to the war in Iran that began over the weekend.

Trump plans to talk to Iran’s new leadership; Pentagon reports casualties, and more

Israeli officials said the strikes had also killed senior regime officials, including the commander of the IRGC, and key members of Iran’s nuclear programme.

Israeli officials said the strikes had also killed senior regime officials, including the commander of the IRGC, and key members of Iran’s nuclear programme

Iran fired several missiles at Israel in response, though most seem to have been intercepted by the country’s defence systems

Several missiles struck Tehran, the capital, including the military headquarters and the offices of the supreme leader, as well as other military sites.

Britain’s prime minister pledged to “keep on fighting” after his Labour Party lost a parliamentary by-election in a Manchester constituency it has long considered a safe seat

America’s ambassador in Jerusalem told embassy employees that they may leave Israel and, if they planned to do so, that they should depart on Friday; OpenAI raised $110bn in its largest funding round to date, a deal that values the AI company at $730bn.

Pakistan’s defence minister declared “open war” on Afghanistan after launching “counter strikes” on Kabul and Kandahar. Also, Paramount looked set to win the race to buy Warner Bros Discovery after Netflix declined to sweeten its bid.