Overview

• Analysts warn that Israeli attacks on Iran's energy infrastructure could push oil prices above $200 per barrel.
• The Strait of Hormuz, a critical oil passage, is at risk of disruption, which could significantly impact global oil markets.
• Despite geopolitical tensions, current oil prices remain stable due to increased U.S. oil production and OPEC's spare capacity.
• Financial markets have shown resilience, with stock indexes near record highs, but remain vulnerable to further escalations.
• Experts caution that the oil market's complacency may be tested if the conflict escalates, potentially affecting the U.S. presidential election.