US Military Readiness Plan Exposed, Oil Prices Soar to Three-Year High

According to Reuters citing Axios, the US military is scheduled to submit the latest military action plan against Iran to President Trump on Thursday. Reports indicate that the plan drafted by the US Central Command is centered around "fast, high-intensity" strikes, with targets potentially including key infrastructure within Iran's borders.

Buoyed by this news, international oil prices have surged sharply. Brent crude futures have broken through the $122 mark, setting a new high in recent years.

At the same time, risk-aversion sentiment quickly spreads to the Asia-Pacific stock markets, with the MSCI Asia-Pacific Index falling 1% in response.

Should the situation in the Middle East escalate further, the global energy supply chain will face a severe test, and there may still be room for crude oil prices to continue rising.