As tensions escalate between the United States and Iran, international oil prices continue to soar. Brent crude has surpassed $105 per barrel, while WTI has broken through $100 per barrel. Concerns over disruptions in crude oil supply are growing due to incidents such as the sinking of oil tankers in the Strait of Hormuz, leading to rising oil prices. There are also concerns within the Trump administration that the war with Iran could become protracted.
