Global oil prices may rise sharply as tensions continue in the Middle East energy markets.
Officials in Iran have warned that crude oil prices could reach 200 dollars per barrel.
Analysts say the warning may sound dramatic but rising geopolitical tensions are already affecting global energy supply.
Oil markets have reacted strongly to disruptions linked to the conflict involving the United States and regional allies.
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Crude oil prices are currently trading near 100 dollars per barrel following weeks of market volatility.
The situation is closely linked to tensions around the Strait of Hormuz, a major global energy corridor.
About twenty percent of global oil supply normally passes through the narrow waterway each day.
Security risks and attacks on energy infrastructure have raised fears about supply shortages in global oil markets.
Some analysts say prolonged disruptions could push oil prices significantly higher in the coming months.
However, Donald Trump has suggested oil prices could eventually return to pre-conflict levels.
Energy experts say the final outcome will depend largely on how long the conflict continues.
Markets are now closely watching developments in the Gulf region and the security of key oil shipping routes.
