Middle East War Escalates, Oil Risk Rising Tensions across the Middle East continue to intensify as the conflict involving Iran, Israel, and U.S. forces enters a dangerous new phase. Iran-backed Houthi forces in Yemen have officially launched missile attacks toward Israel, opening a new front in the war and raising fears of a wider regional conflict. Meanwhile, ongoing airstrikes and retaliatory drone attacks have been reported across multiple areas, including Iran, Lebanon, and nearby Gulf regions. Key infrastructure and military targets remain under threat. The situation is now heavily impacting global oil markets. The Strait of Hormuz — a critical route for nearly 20% of the world’s oil supply — is facing disruptions, with tankers delaying routes or avoiding the area due to security risks. As a result, oil prices remain volatile, increasing concerns over rising fuel costs and potential shortages worldwide. Officials warn that without de-escalation, the conflict could further expand, putting additional pressure on global energy supply and the economy. #MiddleEast #OilPrices #BreakingNews #GlobalCrisis