As oil tops $100, the Iran war is testing Trump’s push for fossil fuels — and leaving U.S. consumers exposed to price spikes, experts say.

Futures loom with indexes below key levels and oil prices and yields soaring. President Trump threatened to hit Iran's power plants if Iran doesn't open the Strait of Hormuz.

Treasury Secretary Scott Bessent said the U.S. won't intervene in oil futures markets, focusing on physical crude supply to offset Iran conflict disruptions.

Treasury Department could announce measures as soon as Thursday to address rising energy prices, potentially including action in the oil futures market, a senior ‌White House official said. Global oil prices have jumped since the war with Iran started on ‌Saturday,

Crude oil prices remain bullish; consider buying futures on dips with a target of ₹10,300 and a stop-loss strategy.

Stock futures pointed lower Tuesday, a day after major indexes ended sharply higher, as oil prices returned to gains. Meanwhile, the two-day Federal Reserve meeting on interest rates begins today.

Oil futures gave up gains as President Trump said the U.S. Navy will escort tankers if necessary through the Strait of Hormuz, which has seen traffic grind to a halt because of the conflict with Iran.

U.S. stock index futures slipped on Tuesday as the Middle East conflict pinned oil prices near $100 a barrel, fueling inflation concerns.

Oil pulled back from earlier highs after attacks on key Middle East energy infrastructure, with WTI near $96 and Brent above $108. ・War fears eased after Israeli Prime Minister Benjamin Netanyahu signaled efforts to reopen the Strait of Hormuz.