Iran strikes U.S. air base in Jordan; oil surges past $100 as warplanes damaged

In the quiet hours before dawn, Iranian missiles found their mark on a U.S. air base in Jordan, leaving American warplanes damaged and global oil markets unsettled. The strike is not merely a military event but a signal — one that traders, allies, and adversaries are now reading carefully for what it portends about the arc of Iran-U.S. relations. When crude oil crosses $100 a barrel in response to a single overnight action, the world is registering not just a price but a fear: that what has escalated may not easily descend.