Updated

NBC News reported that President Trump and his national security team have discussed resuming large-scale U.S. military operations against Iran in the coming weeks, with some officials describing preparations for a possible 'massive bombing' campaign. Trump said he is not keen on reaching a negotiated deal with Tehran. The reports have intensified fears of a broader Middle East conflict just as tensions in the region remain elevated. The prospect of renewed hostilities pushed oil prices higher on supply concerns, and shipping costs have surged dramatically — a supertanker chartered from the U.S. Gulf Coast to China reportedly cost $76 million, roughly ten times pre-war rates, reflecting a shortage of available tankers amid the Persian Gulf conflict.