Exclusive: US weighs military reinforcements as Iran war enters possible new phase - Reuters
The ongoing conflict in trump-considers-draft-for-iran-war-amid-energy-crisis.html" class="story-link" title="Trump hasn’t ruled out a draft for war with Iran — but is conscription constitut">Iran has escalated with strikes on energy infrastructure, pushing oil prices above $110 per barrel. European airlines are warning passengers they will face higher ticket prices due to increased fuel costs. The US is reportedly considering military reinforcements as the war potentially enters a new phase.
European carriers argue they have no choice but to pass fuel cost increases directly to passengers as oil prices surge. They point to stranded tankers in the Persian Gulf and supply chain disruptions as unavoidable factors driving up operational costs.
Market participants are repositioning their portfolios to capitalize on the energy price volatility, with Chinese funds notably shifting toward petrochemicals. Some view this as a necessary hedging strategy against broader economic uncertainty caused by the conflict.
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Exclusive: US weighs military reinforcements as Iran war enters possible new phase - Reuters
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