Where are Crude Oil Prices Heading?

Crude oil prices have surged after the U.S. and Israel attacked Iran, and Iran retaliated with attacks throughout the Middle East. Critical logistical chokepoints have become war zones, heightening supply concerns. Crude oil prices have been in a bullish freight train, but while the trend is higher, an end to hostilities could cause prices to plunge.Oil jackpump at sunset 2 by Evgenii Mitroshin via iStock