Recent drone strikes attributed to Iranian forces have targeted key oil facilities in Saudi Arabia, leading to significant disruptions in oil production and sharp increases in global oil prices. The attacks have resulted in the shutdown of the Ras Tanura refinery, one of the largest in the world, as well as other oil and gas production sites across the Gulf States. In response, Saudi Arabia has heightened its military readiness, intercepting multiple drones near major cities. Amidst these escalating conflicts, analysts warn that oil prices could surge to between $90 and $100 per barrel as the geopolitical stability of the region is threatened. The Iranian government has denied direct involvement in the attacks, while tensions between Iran and Israel have also intensified, leading to speculation about possible false flag operations. The situation remains fluid as both sides prepare for further confrontations that could have broad implications for the global economy.