Attacks on #Iran's #Kharg island, by which 9 of 10 barrels of #Iran crude oil passes daily, will keep oil prices high. "The risk is that the world’s biggest oil producers will be forced to shut down many of their fields altogether, keeping prices higher for households and businesses for a sustained period. In a worst-case scenario, analysts have forecast oil could pass the record $147.50 a barrel reached in 2008." https://www.theguardian.com/business/2026/mar/15/middle-east-oilfield-shutdowns-prices-high-iran-war-strait-of-hormuz