By AFP
Washington — Donald Trump has indicated that the United States may begin “winding down” its military operations in the Middle East, even as Washington continues to deploy additional troops and seeks a massive $200 billion funding boost from Congress.
Speaking alongside Secretary of State Marco Rubio, Trump suggested a shift in strategy could be on the horizon. The move comes amid reports that the US is also considering easing sanctions on Iranian oil shipments in an effort to stabilise global energy markets rattled by the ongoing conflict.
Oil Prices Surge Amid Supply Fears
Global oil markets reacted sharply to escalating tensions, with Middle Eastern crude prices nearing critical highs. Murban crude — a key benchmark in the UAE — jumped to $146.40 per barrel, while Brent crude climbed above $112.
The surge reflects mounting concerns over supply disruptions, particularly around the strategically vital Strait of Hormuz, through which a significant portion of the world’s oil passes. The US and its allies have increased military presence in the area to secure shipping lanes and prevent further instability.
Israel Expands Strikes in Lebanon
The conflict widened further as Israel launched a wave of airstrikes in Beirut, targeting positions linked to Hezbollah. Residents in the southern suburbs of the Lebanese capital — a known Hezbollah stronghold — were warned to evacuate ahead of the strikes.
Lebanese state media also reported additional attacks in southern regions of the country, raising fears of a broader regional escalation.
Saudi Arabia Condemns Syria Strikes
Saudi Arabia has strongly condemned Israel’s strikes on Syrian military installations, describing them as a “blatant aggression” and a violation of international law.
The Kingdom joined Turkey in urging the international community to intervene and halt what it described as repeated violations of Syrian sovereignty.
Iran Offers Safe Passage — With Conditions
Iran, for its part, denied closing the Strait of Hormuz despite widespread disruption fears. Foreign Minister Abbas Araghchi stated that while the route remains open, restrictions apply to nations involved in military actions against Iran.
Tehran has offered to assist Japanese vessels navigating the route, signalling a selective approach to maritime security as tensions persist.
Airlines Brace for Prolonged Energy Crisis
The economic ripple effects are already being felt across global industries. United Airlines is preparing for a worst-case scenario in which oil prices could soar to $175 per barrel.
CEO Scott Kirby warned that sustained high fuel costs could add as much as $11 billion annually to the airline’s expenses, with little expectation that prices will fall below $100 before 2027.
A Conflict at a Crossroads
Despite talk of a potential US drawdown, the situation remains highly volatile. Military operations continue across multiple fronts, diplomatic tensions are escalating, and global markets are under pressure.
The coming days may prove decisive in determining whether the conflict de-escalates — or spirals into a wider regional crisis with far-reaching global consequences.
