Oil jumps to highest price since 2022 after report Trump to be briefed on new Iran options

Oil prices have surged to their highest since 2022, exceeding $126 a barrel, following a report that US Central Command is preparing a plan for strikes against Iran. Negotiations with Tehran appear stalled, and tensions in the Strait of Hormuz, through which a significant portion of the world's energy passes, continue to rise. Analysts believe that an escalation of the conflict could have major implications for global energy supplies.