Oil prices jumped sharply following Donald Trump's latest threat against Iran, sending shockwaves through global markets. The announcement, made late Thursday, escalated already tense relations between the two nations and raised fresh concerns over potential supply disruptions in the Middle East.

Market analysts noted that Brent crude futures rose by more than $2 per barrel, marking the steepest daily gain in weeks. The price surge came as investors scrambled to reassess risk amid mounting geopolitical uncertainty. Traders pointed to the possibility of renewed sanctions or even military action disrupting Iranian oil exports, which account for roughly 2.5 million barrels per day globally.

Meanwhile, bond markets remained volatile, as investors assessed the geopolitical turmoil. Safe-haven assets saw mixed performance, with gold edging higher while Treasury yields fluctuated. The CBOE Volatility Index, known as Wall Street's fear gauge, climbed to its highest level in over a month.

Economists warned that sustained escalation could push energy costs higher, potentially fueling inflation and complicating central bank policies worldwide. Markets will be watching closely for any further developments from Washington or Tehran in the coming days.