Oil jumps to highest price since 2022 after report Trump to be briefed on new Iran options

Oil prices jumped in Asia after a report that the US military is set to brief President Trump on new plans for potential action in the Iran war. US Central Command has prepared a plan for a wave of "short and powerful" strikes on Iran. As a result, Brent crude rose by almost 7% to more than $126 a barrel, the highest level since 2022