US President Trump rejected Iran's offer to de-escalate tensions, confirming a military blockade in the Middle East. This decision ignited fears of escalating conflict, driving oil prices to one-month highs and raising global economic uncertainty, increasing energy market volatility.
📷 USS Mitscher (DDG-57) in the Persian Gulf during a maritime security operation. Naval blockades in the region could impact global oil supply. — Wikimedia Commons / US Navy