Brent crude futures climbed more than 6% in Wednesday trading, extending a sharp rally triggered by escalating geopolitical tensions between the United States and Iran.
The move followed a stark declaration from US President Donald Trump, who stated that American forces would strike Iran "hard" in retaliation for an attempted surprise attack on US troops in the region.
The price surge reflects immediate market repricing of supply disruption risks.
Investors are weighing the potential for direct military action against Iran’s critical energy infrastructure, a threat Trump previously outlined by suggesting the seizure of "oil infrastructure points," including ports and refineries.
The latest comments signal a hardening of the US stance, moving beyond diplomatic pressure toward the credible threat of kinetic military response.
This development marks a significant escalation in a rapidly deteriorating situation.