Oil Prices Jump as US Strikes Iran Again, Reviving Fears Over Key Shipping Route

Global oil markets reacted sharply after the United States carried out a new round of military strikes against Iran, sending crude prices climbing for a second straight day. The renewed fighting has raised worries that a fragile pause in the Iran conflict may be unraveling completely.

The trouble intensified after Iranian forces reportedly attacked ships passing through the Strait of Hormuz, a narrow but critically important waterway. In response, U.S. President Donald Trump vowed a tough retaliation, and the American military followed through with fresh strikes on Iranian targets. Officials said the goal was to keep this shipping route open, since it carries roughly one-fifth of the world's oil supply before the war disrupted trade in the region.

Trump had earlier suggested that a temporary agreement meant to wind down the conflict was effectively finished, adding to uncertainty about whether diplomacy could still prevent a wider war. Even so, he indicated he expects this latest round of fighting to be short-lived and said he remains open to further talks with Tehran.

Iran's response was swift and threatening. The country's Revolutionary Guards promised a