Donald Trump declared the US will do whatever it takes to topple Iran's regime, signaling an open-ended military campaign. The president's comments followed US Defense Secretary Pete Hegseth's warning that destroying Iran's ballistic missile and nuclear capabilities won't happen overnight, as more American troops deploy to the region.

Meanwhile, Israel launched strikes on Hizbollah targets across Lebanon, killing over 50 people and wounding 150. The militant group's intervention on Tehran's side triggered Israel's expanded bombing campaign, including barrages on Beirut's southern suburbs. Energy markets reacted sharply to the escalating conflict.

Oil prices surged 6.7 percent to $77.74 a barrel, their highest level since July 2025, after US-Israeli strikes on Iran. Natural gas prices jumped 50 percent in European and Asian markets following Iranian drone attacks on QatarEnergy, the world's largest liquefied natural gas producer. Analysts warn the gas market crisis could surpass oil market disruptions as the conflict widens.