Tensions in the Middle East are escalating rapidly, with new developments signaling a broader geopolitical shift that could have global consequences. U.S. forces have reportedly struck Iranian missile sites near the Strait of Hormuz, a critical chokepoint for global oil supply. At the same time, Iraq is preparing to resume oil exports through a key Turkish port, a move that could impact energy markets already on edge. Meanwhile, Israel claims a major intelligence breakthrough, reporting the death of Iran’s intelligence minister. In response, Iran has carried out the execution of an alleged Israeli spy, further intensifying the conflict. The situation has drawn strong rhetoric from former President Donald Trump, who stated the U.S. may “finish off what’s left” of Iran, adding another layer of uncertainty to an already volatile environment. Markets are watching closely, as any disruption in the Strait of Hormuz could send oil prices sharply higher and ripple across global economies. With...