The opening of a second front in the war in the Middle East and depleted stocks of oil and refined products around the globe have left the world vulnerable, and oil prices are spiking.

Renewed US-Iran conflict threatens global oil supply through the Strait of Hormuz, with Brent crude forecasts revised up nearly 30% and analysts warning of

With Brent crude reaching its highest price since June, how are investors reacting to the escalating conflict in the Middle East?