US and Israeli strikes on Iran have triggered a major market shock, with energy analysts warning of sharp oil price spikes. The attacks, targeting Iranian leadership, have already caused some oil majors and trading houses to suspend shipments through the Strait of Hormuz, a critical global oil chokepoint.

Energy experts predict Brent crude could hit $100 per barrel as markets open Monday, with some forecasting a $5-10 increase above current levels. The Strait of Hormuz closure threat and tanker traffic disruptions have amplified supply concerns, potentially pushing oil prices 10-25% higher even without a complete blockade.

Safe-haven assets like gold are expected to rise as investors seek protection from geopolitical turmoil. Market strategists warn that risk assets and high-beta currencies could face immediate volatility, particularly if Iran retaliates or the conflict spreads regionally. The energy sector appears poised for gains as investors brace for sustained market turbulence.