Oil prices have climbed to their highest point since 2022 after reports surfaced that former President Trump was scheduled to be briefed on new military options regarding Iran. According to Axios, US Central Command has developed a strategy involving "short and powerful" strikes against Iranian targets, raising concerns about escalating tensions in the oil-rich Middle East region.

Market analysts point to the potential disruption in oil supplies as the primary driver behind the sudden price spike. The news comes amid ongoing tensions between the US and Iran, with geopolitical experts warning that any military action could have significant implications for global energy markets and potentially trigger broader regional conflict.