President Donald Trump is reportedly evaluating both significant military escalation and diplomatic avenues in the ongoing conflict with Iran. He recently convened with his senior advisors to discuss the evolving situation and potential responses.
The United States has launched new strikes, and President Trump has issued a warning of a "massive attack" as Iran broadens its engagement in the conflict. Despite these actions, President Trump also stated that he does not believe it is "time yet" for a deal.
Concurrently, crude oil prices have seen a sharp increase. The Red Sea has become a second critical choke point for oil transit, joining the Strait of Hormuz. This is a developing story and will be updated as details emerge.
