The ongoing Israel-Iran conflict has raised significant alarms regarding its impact on global markets and oil prices. As tensions escalate, oil prices have surged, with analysts warning of potential disruptions to supply chains and rising costs for consumers. The conflict is complicating economic forecasts, especially with looming Federal Reserve decisions. U.S. stocks have experienced notable declines in response to the geopolitical tensions, while gas prices in many states are predicted to rise sharply. Experts are divided on the long-term implications for the global economy, as institutional investors keep a close watch on developments, including U.S. responses to the situation.