Oil jumps to $90/bbl as US-Iran attacks resume, first in a month

US and Iran traded attacks for the first time in a month, jolting energy markets and pushing global oil prices to $90 a barrel. The escalation breaks a month-long lull and raises supply risk in the Strait of Hormuz, though the specific targets and extent of damage remain unclear. US gasoline prices remain 37% higher since the war began, amplifying inflation concerns.