US-Iran Conflict: Oil Prices Could Explode Beyond $100 As Strait Of Hormuz Faces Threat

Following US and Israeli strikes on Iran, concerns have grown that the Strait of Hormuz could face disruption — a development analysts warn could push oil prices toward $100 per barrel.According to the report by Reuters, tanker operators and major energy firms have temporarily suspended shipments of crude, refined fuels and liquefied natural gas through the waterway after Tehran cautioned vessels about transiting the area.Markets are already reacting. The VIX volatility index has risen sharply in 2026, whil ...