WTI crude oil futures jumped over 2% in pre-market trading, driven by renewed fears of a potential US military strike against Iran. Reports that US military leaders briefed the President on military options have heightened market concerns about a significant disruption to Middle Eastern energy supplies. This comes amid already elevated geopolitical tensions, including recent Houthi attacks on Saudi Arabian oil infrastructure and threats to shipping in the Strait of Hormuz, adding to worries about the stability of a critical oil-producing region.