US President Donald Trump has vowed renewed military strikes against Iran and signaled potential moves to seize key Iranian oil infrastructure, escalating tensions in an already volatile conflict that has seen repeated exchanges of fire between the two countries over recent months.

In statements posted on Truth Social, Trump warned that US forces would carry out additional attacks “VERY HARD” and suggested that Washington could target strategic energy assets, including Iran’s oil export hubs such as Kharg Island. He indicated that the United States may seek broader control over Iran’s oil and gas markets, framing the move as part of a wider effort to pressure Tehran economically and militarily.

The escalation follows renewed hostilities after a fragile ceasefire, which had paused a three-month conflict that began in late February with joint US-Israeli strikes on Iranian targets. According to US Central Command (CENTCOM), recent operations have included strikes on surveillance, communications, and air defence installations, while Iran has responded with attacks on US-linked positions across the region.

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Iranian officials have described the ceasefire as effectively “meaningless,” accusing Washington of violating international norms and intensifying the conflict. Tehran’s foreign ministry said the latest US strikes undermine diplomatic efforts and risk rendering peace negotiations unworkable, even as backchannel talks reportedly continue through regional mediators.

The confrontation has drawn concern from multiple global actors, including Pakistan, Qatar, Turkey, and Saudi Arabia, all of whom have urged restraint and a return to negotiations. Diplomats involved in mediation efforts have acknowledged that while communication channels remain open, the rapid escalation of violence has significantly reduced optimism for a near-term resolution.

Global markets have reacted sharply to the instability, particularly amid threats involving the Strait of Hormuz, one of the world’s most critical oil transit routes. Iran-linked forces have warned of restricting maritime access in the region, raising fears of supply disruptions. Analysts say any sustained disruption could have severe consequences for global energy prices and shipping security, further intensifying the economic stakes of the conflict.

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