US Defense Department seized an oil tanker linked to Iran in the Indian Ocean, showing heightened maritime enforcement.
Iran seized two ships in the Strait of Hormuz, claiming retaliation for a US port blockade and prior US seizure.
Brent crude rose 1.8% to $103.70 per barrel as supply concerns push prices above $100 amid ongoing tensions.
President Trump extended a two‑week US‑Iran ceasefire at Pakistan’s request, but both sides signal readiness to resume hostilities.