WTI crude oil futures jumped over 2% in the pre-market session amid heightened fears of supply disruptions from the Middle East. Fresh U.S. strikes on Iranian military targets and retaliatory attacks have intensified the conflict, raising concerns over the security of critical shipping routes like the Strait of Hormuz. While some reports indicated a slight increase in tanker traffic, the overarching geopolitical risk premium continues to drive prices higher, with the market on track for a significant monthly gain.