Oil prices surge due to Middle East tensions and shipping threats. Crude oil reaching a new all-time high by December 31 at 19% YES.

Oil prices rise amid US-Iran tensions. Crude oil reaching a new all-time high by September 30 at 7.7% YES, and by December 31 at 14.5% YES.

Oil prices rise amid renewed Middle East supply risks. Crude oil reaching a new all-time high by December 31 at 16% YES.