Leaders of some of the world’s biggest economic powers will arrive in the Canadian Rockies on Sunday for a Group of Seven summit overshadowed by a widening war across the Middle East and U.S. President Donald Trump’s unresolved trade war with allies and rivals alike.

Iran condemns Israel's overnight strikes on military and nuclear facilities while threatening US bases in the Middle East as the Trump administration orders partial evacuations.

Pete Hegseth authorized U.S. military dependents in the Middle East to voluntarily depart amid increased tension in the Middle East.

Rising tensions with Iran and fears of an Israeli strike prompted the U.S. to move some of its nonmilitary personnel out of the region.

LONDON (Reuters) -Britain is moving additional military assets, including fighter jets, to the Middle East to provide support across the region, Prime Minister Keir Starmer told reporters on Saturday as he was en route to a Group of Seven meeting in Canada.

Global air traffic has been disrupted following Israel’s strikes on Iran Friday, with several major airlines suspending flights to and from locations in the Middle East and rerouting their planes to avoid much of the region’s airspace.

Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.

A paratrooper carries the Iranian flag over the shrine of Iran's late leader Ayatollah Ruhollah Khomeini during the National Army Day parade ceremony in Tehran, Iran, April 18, 2025. Majid Asgaripour/WANA (West Asia News Agency)/Handout via REUTERS/File Photo

What Happened in Markets Today Israel launched a broad air campaign against Iran, targeting its nuclear capabilities and military/political leadership. Markets were rattled after Israel said it had detected dozens of missiles launched from Iran and was working to intercept them.