OPEC oil production hits a decades-low amid US-Iran tensions. Crude oil reaches a new all-time high by December 31 at 25.5% YES.

Oil and gas inventories drop to historic lows amid the Iran conflict. Crude oil reaching a new all-time high by September 30 at 19.5% YES.

Iran conflict escalates, driving oil prices higher. Crude oil reaching a new all-time high by December 31 at 26.5% YES.