Oil prices rebounded past $100 per barrel on Tuesday, driven by escalating tensions in the Gulf where Iran launched attacks on critical energy infrastructure. Global stock markets reacted sharply, with indices in Europe and Asia declining as investors braced for potential supply disruptions. The disruptions follow Iran's recent attacks on oil tankers and offshore platforms, raising concerns about sustained pressure on energy supplies. Iran's actions represent a significant escalation in regional conflict, directly impacting energy markets and prompting renewed focus on Middle East stability. Market analysts warn that sustained disruptions could keep prices elevated, affecting global economic growth prospects. The situation underscores the vulnerability of energy markets to geopolitical volatility, with oil traders now pricing in higher risk premiums. Iran's targeting of energy infrastructure marks a critical development, as oil prices approach levels not seen since 2014, impacting global energy costs and business operations reliant on stable supply chains.