Oil Markets at Risk as US-Iran Tensions Escalate
The United States has escalated military posture in the Middle East with forces, aircraft, and medics deployed to broaden options for possible escalation against Iran as attacks on shipping near the Strait of Hormuz continue. U.S. strikes inside Iran have entered a 12th night of operations aimed at degrading Tehran’s ability to threaten civilian mariners and commercial vessels, while President Trump has threatened to destroy bridges or power plants in response to Iranian attacks. Iran warns it will retaliate against infrastructure across the region and maintains control of the Strait of Hormuz, accusing the U.S. of aggression. Diplomatic efforts show strain, with some officials deeming recent ceasefire arrangements invalid, though Washington remains open to talks if Iran complies with conditions. The stalemate risks further disruption to global energy markets and could spill over to regional rivals, including Yemen’s Houthi movement and Israel.




