Israel is preparing potential strikes on Iranian energy facilities, pending U.S. approval, expected within the coming week.
U.S. President Donald Trump warned Iran to reopen the Strait of Hormuz within 48 hours or face major military escalation.
Iran's recent attacks include shooting down two U.S. warplanes and a projectile near Bushehr nuclear plant, causing one death.
The Strait blockage, affecting 20% of global oil trade, has pushed crude to multi‑year highs, raising inflation concerns worldwide.