As the conflict in Iran marks its fifth week, oil prices have soared, with Brent crude reaching as high as $116 per barrel. The surge follows various geopolitical tensions, including remarks from former President Trump about seizing oil assets in the region and escalating Houthi attacks on Israel. U.S. markets have seen mixed reactions, with some stocks recovering while futures indicate a downturn. Analysts warn that if the conflict persists, oil could potentially breach $200 a barrel, intensifying fears of a significant supply shock. Market volatility continues as energy prices remain elevated amidst ongoing negotiations and military actions.