Oil prices surged above $80 per barrel for the first time since January, driven by rising geopolitical tensions that have raised concerns over potential disruptions to global supply. Experts are assessing the situation, weighing the risk of supply shocks against the broader backdrop of a slowing global economy, which could ease demand. The immediate market reaction saw Brent crude spike, highlighting investor sensitivity to developments that could affect key oil transit routes like the Strait of Hormuz.

Market experts remain divided on whether this price momentum will hold. Some believe that the situation may stabilize if further escalation is avoided, while others caution that even short-term disruptions could send prices higher. With uncertainty clouding the outlook, the market is likely to stay volatile as participants monitor regional developments and their potential impact on energy flows.