Oil prices just surged past $98 a barrel as geopolitical tensions escalate around the Strait of Hormuz, one of the most critical shipping routes for global energy. Comments from Donald Trump criticizing Iran added fuel to an already sensitive situation, raising concerns about potential disruptions to oil supply. Markets reacted quickly. U.S. stock futures slipped as investors weighed the risk of further instability in the region. When tensions rise in areas tied directly to energy flow, the ripple effects can hit everything from gas prices to broader equity markets. The Strait of Hormuz handles a significant portion of the world’s oil shipments, so even the perception of risk can send prices higher. For traders and investors, this becomes a key signal. Rising oil often means inflation concerns, pressure on consumer spending, and potential volatility across major indexes. What makes this moment especially important is how fast sentiment can shift. One headline can move commodities, and ...