Crude oil price could go back to $100/barrel. Looks like there will a major attack on Israel from Iran after 7 Iranians were killed in Israeli air strikes in Syria.
Yeah... Crude prices will definitely go to three digits and if there is a war, then we can expect crude oil to hover around the $300 per barrel mark. And regarding the Iranian retaliation, I don't think that it will be a direct one. Iranian agents are likely to attack Israeli agents and properties abroad.
All of these proxy wars, its so hard to decipher the battle field these days. And the fact that oil prices are rising is very telling