London: More than two weeks ago, the United States and Israel initiated military strikes on Iran. In response, Iran has launched retaliatory attacks on various targets across the Gulf region and effectively disrupted shipping activities through the Strait of Hormuz. This strategic choke point is crucial for global oil transportation, and the disruption has led to a significant surge in global oil prices.

According to France24.com, the current situation raises questions about whether the United States considered the potential risks associated with striking Iran, particularly in terms of the impact on global oil markets. The disruption of oil flow through the Strait of Hormuz, a vital passage for a substantial percentage of the world's oil supply, has created uncertainty in the energy market. This has resulted in heightened concerns about how long the current spike in oil prices might persist and the broader implications for the global economy.

Michael Bradshaw, a professor of global energy at Warwick Business School in England, was interviewed by France 24's Alison Sargent about the potential duration of the oil price surge and its long-term effects. The situation remains fluid, and stakeholders are closely monitoring developments in the region to assess the evolving impacts on energy markets and geopolitical stability.