Oil markets are reeling after a dramatic surge in crude prices following rising geopolitical tensions in West Asia. US President Donald Trump has defended the spike in global energy costs, calling it a temporary sacrifice in the broader push to dismantle Iran’s nuclear capability and safeguard long-term global security. As crude prices surge to levels not seen since 2022, global markets are feeling the pressure. U.S. oil futures have crossed the $108 per barrel mark while Brent Crude Oil has jumped sharply, reflecting investor fears of deeper supply disruptions across the Gulf region. Despite the economic turbulence, Trump insists the short-term pain is necessary if it leads to a nuclear-free Iran and long-term stability in the region. Critics, however, warn that sustained energy price spikes could weigh heavily on global growth, consumer spending and already fragile supply chains. WATCH

The US Senate has officially rejected the War Powers Resolution that sought to limit President Donald Trump’s “Operation Epic Fury” against Iran, marking a decisive moment in US foreign policy and partisan politics. Republicans voted overwhelmingly to support Trump, securing a major political win amid rising tensions in the Middle East. While Senators Rand Paul and Jon Fetterman supported the resolution, the GOP successfully defeated the measure, keeping the president’s military options intact. Democrats, led by Senator Tim Kaine and Senate Majority Leader Chuck Schumer, criticized the administration for ignoring Congressional authority, moving strategic goalposts, and deploying troops without a clear plan. WATCH