00:00Crude prices spiked more than 8 percent after U.S. and Israeli strikes killed Iran's supreme
00:04leader — raising fears of a prolonged conflict and major supply disruptions.
00:09Traders are closely following traffic through the Strait of Hormuz — a vital artery for
00:13global crude flows — as tanker movements slow and the risks for retaliation continue
00:18to grow.
00:19While U.S. President Donald Trump has left the door open to talks, analysts warn Brent
00:24crude could surge towards $100 or even $120 a barrel if exports from OPEC's fourth-largest
00:30producer collapse.
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