US Strikes Iran With Israel — What This Means for America, Oil Prices & Global Security

The United States and Israel have launched coordinated military strikes on Iran’s nuclear and missile targets, triggering widespread retaliation across the Gulf — including missile attacks on Israel, U.S. bases in Bahrain and other Gulf states and regional security alarms. This escalation is already roiling global energy markets, threatening the vital Strait of Hormuz — a chokepoint for ~20% of the world’s oil — and could push crude and gas prices higher for American consumers and businesses. U.S. political leaders are framing the strikes as necessary to neutralize Iran’s growing weapons threat and protect U.S. interests. Now, investors and policymakers are watching market volatility, defense spending debates in Washington, and risks to global supply chains.