Global oil prices surged to $105 per barrel today, while stock markets experienced a downturn. This market volatility follows reports that President Donald Trump is considering renewed military strikes against Iran.
Sources indicate the U.S. military has been ordered to prepare for possible actions, with President Trump reportedly weighing the timing of such strikes, potentially ahead of the upcoming midterms. Reports suggest a 'massive bombing' of Iranian infrastructure is among the options being prepared. The White House has issued warnings to Iran, stating there is an 'easy way or hard way' forward.
President Trump has also reiterated his disinterest in an Iran deal as the U.S. reportedly prepares for potential action. This is a developing story and will be updated as details emerge.