Oil prices jump again as Iran tensions heat up
oil prices surge
oil prices surge
(Web Desk): Oil prices rise sharply as US warns Iran and vows to keep Strait of Hormuz open.

Oil prices surged again in global markets as tensions between Iran and the United States continued to fuel uncertainty. US crude rose by 3 percent to reach $97 per barrel, while British crude increased by 2.2 percent, trading at $96.86 per barrel.

The fresh rise comes amid growing geopolitical concerns after US President Donald Trump issued a strong warning regarding Iran. In a statement shared on Truth Social, he said US forces will remain fully armed and positioned around Iran until a complete and real agreement is implemented.

Trump warned that if the situation worsens, the United States will respond with full force. He also made it clear that Iran will not be allowed to obtain nuclear weapons under any circumstances.

The rising tensions have added pressure on global energy markets, as investors fear potential disruptions in oil supply routes. Analysts say even minor instability in the region can trigger sharp price movements.

Also Read: Hormuz toll shock plan rattles oil markets

 

Trump further emphasized that the Strait of Hormuz, a key global shipping route for oil, will remain secure and open to ensure uninterrupted international trade.

Experts warn that continued uncertainty in the region could keep oil prices volatile in the coming days, with markets closely watching every development.