Iran conflict: Why has oil stayed near $100 a barrel? | US-Israel war on Iran | Al Jazeera

More than 100 days into the Iran conflict, 20% of the world's energy flows remain disrupted, described as the biggest supply shock in history. Oil prices have stayed near $100 a barrel, avoiding a worst-case scenario that could have sent prices above $200. Countries have released strategic reserves and found alternative routes, but buffers are thinning. The OECD warns the economic impact could linger well into 2027 even if the conflict ends immediately.