War drives innovation. From World War II computing to military artificial intelligence, advanced technologies transform the battlefield and strategic decision-making.

With risks to oil flows in the Gulf and shocks to energy markets, the escalation of the war with Iran could trigger a new wave of instability in the global economy.

Israel has carried out surgical strikes on military and nuclear targets in Iran in response to an earlier Iranian offensive. Iran has denounced the action to the United Nations, vowing retaliation and accusing Israel and the United States of aggression. The Security Council has met but is deadlocked. Trump has pressed Tehran for a new nuclear deal, threatening more violence. The crisis raises the risk of a wider regional conflict.