Could the Middle East War cause a new energy crisis?

As the US-Iran war widens across the region, energy markets have reacted. Oil prices jumped to nearly $80 per barrel overnight; analysts worry they could reach over $100 in the coming weeks. Iran's attacks on Saudi and Qatari oil facilities have only deepened concern as traffic through the Strait of Hormuz reaches a standstill. So, could this be the start of a new energy crisis? And just how high could prices get? Support stories that matter. Join this channel to get access to perks: https://www.youtube.com/channel/UCR0fZh5SBxxMNYdg0VzRFkg/join Catch previous episodes of MEE LIVE, our biweekly news programme exploring the stories shaping our world through breaking coverage, expert analysis, and hard-hitting interviews. Originally airing Tuesdays & Thursdays at 12pm ET | 5pm BST Got a story tip or question? Reach us at MEELive@middleeasteye.org Subscribe to our channel: http://ow.ly/AVlW30n1OWH Subscribe to MEE Telegram channel to stay up to date: https://t.me/MiddleEastEye_TG Middle East Eye Website: https://middleeasteye.net Follow us on TikTok: https://www.tiktok.com/@middleeasteye Follow us on Instagram: https://instagram.com/MiddleEastEye Like us on Facebook: https://facebook.com/MiddleEastEye Follow us on Twitter: https://twitter.com/MiddleEastEye