<div id="readability-page-1">Oil markets are surging into a new phase of volatility as prices climb past $116 per barrel, driven by escalating tensions in the Iran war and growing fears of a broader military confrontation. The sharp increase from last week reflects not only supply concerns but also rising geopolitical risk, as conflicting signals from Washington and Tehran unsettle global energy markets. With threats targeting critical infrastructure, warnings from Iranian officials, and the possibility of U.S. ground troop deployment, traders are increasingly pricing in a prolonged crisis that could further disrupt global oil flows and push prices even higher in the days ahead.</div>

<p>Oil prices have surged past $116 per barrel due to escalating tensions in the Iran war and fears of a broader military conflict. This increase reflects supply concerns and rising geopolitical risks, with conflicting signals from Washington and Tehran affecting global energy markets. Threats to critical infrastructure and the potential deployment of U.S. ground troops have led traders to anticipate a prolonged crisis, which could further disrupt oil flows and drive prices higher.</p>

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Oil prices keep climbing, driven by Iran war