Crude oil prices climbed above $100 per barrel as former President Trump warned of another U.S. military strike on Iran’s key oil infrastructure. The threat has intensified global market anxiety over potential supply disruptions.
- Crude oil prices exceeded $100 per barrel
- Trump made threat to strike Iran’s oil infrastructure
- Kharg Island was previously targeted in U.S. military operations
- Market volatility increased, reflected in ^VIX
- Energy sector ETF XLE showed strong movement
- U.S. military action could disrupt global oil supply
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