President Donald Trump is set to meet with top military commanders to review new options related to Iran, according to reports from Axios and Bloomberg.
The Situation Room briefing marks a significant escalation in the administration’s posture toward Tehran, shifting focus from recent diplomatic overtures to active contingency planning.
The development introduces a fresh geopolitical risk premium into energy markets.
With strike options back on the table, traders are likely to price in heightened supply disruption risks for the Strait of Hormuz and broader Middle East infrastructure.
Oil benchmarks and volatility indices should remain supported as long as the threat perception persists.
The pivot also underscores the administration’s dual-track approach: maintaining public diplomatic channels while privately preparing for military escalation.