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Oil Prices Set To Rise $3-$5 Per Barrel After US Strikes On Iran, Could Surge Higher If Supplies Disrupted

Following the U.S. airstrikes on Iran’s nuclear facilities on June 22, 2025, oil markets face significant volatility. Analysts predict prices could rise $3 to $5 per barrel when markets reopen Sunday evening. If Iran retaliates by disrupting supplies—especially through the Strait of Hormuz—oil could surge to $100 per barrel or more. This escalation threatens inflation, energy costs, and global economic stability, particularly for oil-importing countries.