Oil Prices Surge as Middle East Tensions Escalate

Crude oil hits a six-month high as Israel prepares for potential Iranian attack, sparking fears of supply disruptions.

Oil prices reached their highest levels since October due to escalating tensions between Israel and Iran.
An imminent attack from Iran on Israeli targets is expected, potentially disrupting a major oil-producing region.
The U.S. has responded by increasing military presence in the Middle East to counter the threat.
Market analysts predict further rises in oil prices if direct conflict occurs, with potential spikes to $100 per barrel.
Investors show heightened activity in oil options, betting on continued price increases amid geopolitical uncertainties.