President Donald Trump and his advisers are weighing next steps in Iran, including the possibility of resuming limited military strikes alongside the U.S. blockade of the Strait of Hormuz. The discussions come after peace talks in Pakistan collapsed. The Strait of Hormuz handles roughly 20 percent of global oil shipments, making any disruption a major concern for energy markets and the global economy. Officials say the president remains open to a diplomatic solution but is also keeping military options on the table. Analysts note that any path forward carries risks, including further regional instability, higher energy prices, and continued uncertainty for global trade. Crude oil prices are back over $100 per barrel, topping at $105.63 overnight.
