Editor's view: Conflict trouble, oil and rubble

The sad truth is that it seems likely that the human cost of the conflict, which started on 28 February when the US and Israel launched their first missile strikes, has yet to be fully realised. As to the financial and economic cost, the longer the war drags on, the more concerned market watchers become. Oil has been key to this. In a widely reported statement this week, Iran's recently selected supreme leader Mojtaba Khamenei vowed to continue blocking the Strait of Hormuz, through which around 20 million barrels of oil pass daily, according to the US Energy Information Administra...