Oil prices surge due to US-Iran tensions and Strait of Hormuz disruptions. Crude oil reaching a new all-time high by December 31 at 13.5% YES.

Oil prices rise amid US-Iran tensions with strikes on energy sites. Crude oil reaching a new all-time high by December 31 at 12.5% YES.

Crude oil prices soared past $85 a barrel as the US reinstated a naval blockade on Iran, heightening fears over supply disruptions through the critical Strait of Hormuz.

Oil prices surge amid US-Iran tensions. Crude oil reaches a new all-time high by December 31 at 12.5% YES.