The ongoing war in Iran has sent shockwaves through global energy markets, pushing oil prices to unprecedented levels. Recent events saw prices spike above $112 after Iraq declared force majeure and Kuwaiti refineries were attacked. Analysts now speculate that if the conflict persists into the summer, prices could soar up to $180 a barrel. As unrest in the Middle East escalates, the impact on energy supplies has caused significant volatility, with reports of WTI crude hitting a four-year high and Brent crude briefly exceeding $119. Concerns about the Strait of Hormuz, a critical oil passage, being affected further contribute to the uncertainty. Meanwhile, the U.S. continues to seek ways to stabilize supply, but the broader economic implications of these disruptions remain a pressing concern for investors and energy analysts alike.