The USS Nimitz carrier strike group is heading to the Middle East, a U.S. official said, joining the USS Carl Vinson carrier strike group, which arrived in the region in April. The Vinson is set to return home after an overlap period of several days or weeks,

The conflict between Israel and Iran has the potential to considerably disrupt global energy markets, with each nation attacking the other’s oil and gas infrastructure.

Escalating tensions between Israel and Iran will likely lead to increases in gas prices in Florida and across the nation. Florida gas prices are the lowest in a month, according to AAA - The Auto Club, but face upward pressure heading into this week.

KANANASKIS, Alberta (Reuters) -Leaders from the Group of Seven nations begin annual talks on Monday amid wars in Ukraine and the Middle East that add to global economic uncertainty, as host Canada tries to avoid a clash with U.S. President Donald Trump.

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.

Cyprus has received requests to assist in the evacuation of citizens of Portugal and Slovakia from the Middle East, Cypriot Foreign Minister Constantinos Kombos said on Monday.

Rebecca Babin, senior energy trader at CIBC Private Wealth, joins ‘Squawk Box’ to discuss the oil market amid Middle East conflict, whether oil prices will rise, and more.