U.S. President Donald Trump has indicated that new military options against Iran could be under consideration if the country 'misbehaves,' according to a report.

This comes as commanders are set to brief the president on Thursday about potential military strategies, as revealed by Axios.

The remarks have intensified concerns about the possibility of renewed conflict in the region, which could disrupt critical energy infrastructure and shipping routes.

Markets have reacted with heightened volatility, with energy prices and regional equity indices showing signs of repricing in anticipation of potential geopolitical risks.

The Strait of Hormuz, a vital global oil chokepoint, remains a focal point for traders and investors monitoring the situation.

The development adds to a broader narrative of U.S.-Iran tensions, which have fluctuated over the past year amid shifting diplomatic and military postures.