Trump Vows to Continue Iran Strikes as Oil Prices Surge Over 7%

President Donald Trump stated in a national address that the United States will continue its military campaign against Iran to 'finish the job' quickly. The President's remarks crushed market hopes for a cease-fire, as investors were specifically looking for a de-escalation plan or an exit strategy during his speech. Following these developments, the oil price rally intensified, with prices surging by more than 7%, surpassing previous gains. The lack of a clear timeline or defined endpoint for the escalating conflict has raised fresh concerns among global investors. These tensions persist as the Strait of Hormuz remains largely closed, a critical passage for a fifth of global LNG supplies. Markets are reacting sharply to the renewed 'war premium' as supply chain concerns and geopolitical uncertainty weigh heavily on sentiment. Analysts expect prolonged volatility in energy markets as long as military operations continue and the duration of the conflict remains uncertain.