Analysts warn that oil markets are too complacent about potential supply disruptions in the Middle East, with crude prices possibly exceeding $200 per barrel. Speculation about Israel targeting Iran’s oil infrastructure could significantly impact global supply, as Iran is a major OPEC member. Disruptions could affect up to 4% of the world’s oil supply and raise concerns about the Strait of Hormuz, a critical oil transit route. Oil prices have already risen over 4% this week amid geopolitical tensions, with Brent crude trading higher at $75.32 per barrel.