Military operations between the United States and Iran have expanded significantly, with strikes now reported in Kuwait and Syria.
The escalation marks a broadening of the conflict beyond direct confrontations, as US forces conduct their sixth consecutive night of extensive operations in the region.
The widening footprint of the war raises acute concerns for global energy supply chains.
The Strait of Hormuz remains a focal point of uncertainty, with traders monitoring the risk of disruptions to tanker traffic.
Brent crude prices are under pressure from the heightened geopolitical risk, reflecting market anxiety over potential supply bottlenecks in the world’s most critical oil chokepoint.
Iran has previously widened its campaign across the Persian Gulf, targeting infrastructure in Qatar, Bahrain, and Oman.