Oil Catastrophe: Prices Soar Near $100 After U.S. Strikes on Iranian Tankers

On Sunday, the United States launched a fresh series of missile strikes against Iranian oil tankers in the Gulf, sending shockwaves through global markets as crude prices climbed toward the $100 per barrel threshold, a level not seen since the early 2000s.

Google Trends data shows a dramatic spike in searches for "oil price" and "Iranian tanker strike" over the past 48 hours, indicating that investors and everyday consumers alike are scrambling for information on how this escalation will affect everything from gasoline pumps to inflation expectations.

Bluesky chatter is abuzz with users debating the geopolitical fallout: hashtags like #USMilitary and #EnergyCrisis trend as traders warn of supply disruptions, while business leaders voice concerns about increased operational costs and supply chain bottlenecks.

With oil prices hovering near $100, economists warn of a potential inflationary spiral that could dent growth in major economies, while energy‑heavy industries brace for higher input costs, setting the stage for a turbulent quarter ahead.