Oil Prices Spike on Conflict - How High Could Crude Go Now?

Key Takeaways Crude surged over 7% Friday after Israeli airstrikes hit key Iranian nuclear and energy infrastructure. CIVI, APA and FANG rose as oil markets priced in heightened geopolitical risk and supply concerns. Iran threats to the Strait of Hormuz and Israeli gas platform shutdowns compound global energy market fears.The Middle East is once again at the heart of global energy turbulence. In a dramatic escalation, Israel launched coordinated airstrikes on Iranian nuclear and energy infrastructure — r ...