Since Iran's most recent strikes, oil prices have spiked sharply. Brent crude rose 17% in a week to $81.16, although prices have eased again after Hezbollah signaled a readiness for a ceasefire.
If Israel were to damage Iran's most critical oil assets, it could remove nearly 2 million barrels per day from the global oil market, leading to speculation about a return to three-digit oil prices.
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