Trump Threatens Iranian Infrastructure as Crude Oil Surges Past $100

The escalating tensions between the US and Iran continue to have far-reaching consequences for global markets. President Trump has issued a warning that for every attack on commercial shipping in the Strait of Hormuz, the US military will target one Iranian bridge or power plant.

This ultimatum comes as Brent crude futures surged past $100 per barrel for the first time since May 2026, reaching a peak of $104 before settling marginally lower. The global market is bracing itself for potential supply chain disruptions and localized inflation.

The US has been conducting airstrikes against Iranian command posts and drone depots for 13 consecutive nights, with President Trump stating that Tehran 'hasn't received enough pain yet.'