US Hits Iran Again and Oil Surges to 2-Week High as Ceasefire Collapses

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Brent crude jumped 6.6% to $79 in after-hours trading — touching $80.59 intraday, its highest in over two weeks — after the U.S. launched a second consecutive night of strikes on Iran, hours after President Trump said the Washington-Tehran ceasefire was &quot;over.&quot; U.S. Central Command said the strikes were aimed at protecting shipping through the Strait of Hormuz, following Tuesday's attack on more than 80 Iranian targets and Iran's retaliatory strikes on 85 U.S. sites across the Middle East. Disclosure: This video contains stock footage and content created or enhanced using AI-assisted tools. WooGlobe Ref : WGA406030 For licensing and to use this video, please email licensing@wooglobe.com

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00:00Oil prices are spiking again. The U.S. has launched fresh strikes on Iran for a second night in a

00:05row,

00:06hours after President Trump declared the ceasefire between Washington and Tehran over.

00:11I'm Melissa with Wallet & Wire.

00:13U.S. Central Command says forces struck Iran again to protect shipping through the Strait of Hormuz.

00:19It follows Tuesday's strikes on more than 80 targets in Iran,

00:23after Iran's Revolutionary Guard hit 85 sites at U.S. bases across the Middle East.

00:28The renewed conflict sent Brent crude up 6.6% to $79 in after-hours trading,

00:35after touching $80.59 earlier, its highest level in over two weeks.

00:40Trump said talks with Iran could continue, but signaled little appetite for negotiation.

00:46Do you think this is a short-lived escalation or the start of something bigger?

00:49I'm Melissa and this is Wallet & Wire. Follow us for more stories like this.

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