Oil Surges on Iran Strike Fears; Le Pen Tightens Grip on Far Right
Oil prices climbed after a report revealed that the White House asked the Pentagon to draw up strike options against Iran that could be executed before the midterm elections. Brent crude rose above $102 a barrel, while West Texas Intermediate traded near $90. The report, published in The Atlantic and citing two administration officials, contradicts the widespread assumption that President Donald Trump would avoid escalating conflict with Tehran before the polls next month. The geopolitical tension added a risk premium to energy markets, with traders weighing the potential for supply disruptions. The news comes amid an already volatile period for oil, driven by sanctions, OPEC+ decisions, and global demand uncertainties. Separately, Marine Le Pen has reasserted her control over the far-right movement, solidifying her position as a dominant force in French politics. Her latest moves signal a continued effort to reshape the party's image and influence ahead of future elections.