Oil Jumps as US Conducts Wave of Strikes Against Iran (Video)

Oil prices have surged by more than 3% following a series of military strikes conducted by the US against Iran. These fresh operations have created significant market volatility as investors fear potential disruptions to shipments passing through the Strait of Hormuz. The sudden increase in oil costs directly reflects the heightened geopolitical tensions and the immediate threat to critical maritime energy corridors, leading to a sharp jump in global crude oil valuations.