Fears of a prolonged oil shock grow as Iran war lurches toward its second month

What: Fears of a prolonged oil shock are growing as Iran's war enters its second month, with oil prices potentially reaching **$120** per barrel.
Why: The escalating conflict is disrupting global oil supplies, leading to increased volatility in the market.
Signal: President Trump's latest diplomacy efforts have failed to ease tensions, further exacerbating the situation.
Target: Analysts are warning of a potential oil price surge, with some projecting a **15%** increase in the coming weeks.
Risk: Investors are bracing for a possible recession as the prolonged oil shock could lead to a significant economic downturn.