Israeli forces initiated a military operation in Hebron following a shooting incident that reportedly killed two soldiers and injured others. Concurrently, US President Donald Trump indicated that the United States may resume strikes on Iran, while global crude oil prices rose to $117.

30 per barrel amid market concerns over potential renewed conflict.

Israeli forces initiated a military operation in Hebron following a shooting incident that reportedly killed two soldiers and injured others. Concurrently, US President Donald Trump stated that the US "may" resume strikes on Iran, a comment that contributed to Brent crude prices rising to $117.

30 per barrel amid market concerns over potential renewed conflict.

US President Donald Trump stated on Friday that the United States may conduct additional military operations against Iran, a claim that coincides with New York Times reports that US and Israeli officials have developed plans for renewed strikes focused on energy and nuclear infrastructure.

While Trump previously accused Iran of fabricating reports regarding attacks in the Strait of Hormuz, the reported timing of potential strikes suggests they may be deferred until after the upcoming midterm elections.

President Trump has stated that the U.S. military operation in Iran, initiated eight months ago, lacks a defined exit strategy, while Iranian forces continue to target shipping in the Strait of Hormuz and Houthi groups have engaged in strikes against Saudi Arabia that have reportedly killed at least 20 people in the kingdom and 1,282 in Yemen over the past three months.

These conflicts have contributed to a rise in global energy costs, with Brent crude reaching a five-month high of $112 per barrel on October 22 following attacks on Saudi energy infrastructure, and Moody’s chief economist Mark Zandi estimates the war has cost U.

S. households approximately $2,000 each due to increased spending and prices.