PREVIEW

Oil Hits Highest Since 2022 On Fears Of New Iran Strikes. Oil prices have surged to their highest level since 2022 amid reports of potential new US military action against Iran. Brent crude jumped sharply after reports that Donald Trump is being briefed on possible strike options to break the deadlock in negotiations. The rise comes as tensions remain high and the Strait of Hormuz, a key global shipping route, stays effectively closed. Analysts say even the possibility of escalation is enough to send energy markets higher, given the risk to global oil supplies. The spike marks a return to price levels not seen since the early stages of the Ukraine war, highlighting the scale of current market uncertainty. With peace talks stalled, traders are closely watching developments in the region for signs of further disruption.
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