The USA and Israel have launched military strikes against Iran, resulting in the de facto closure of the Strait of Hormuz and a sharp global surge in oil prices.G7 leaders are considering releasing strategic petroleum reserves to stabilize energy markets as gasoline costs rise and economic forecasts fluctuate.President Donald Trump maintains that the preemptive military intervention is necessary for long-term regional security despite domestic political and economic pressures.The administration faces scrutiny over the legality of the campaign as market volatility persists across the energy sector.