The price of crude oil per barrel is expected to rise, amidst rumours of an imminent war, related to the United States of America-Israel and Iran.
One barrel of crude oil is at an estimated $101.43.
In the eight months of the war, about twenty-one American soldiers were killed and hundreds wounded.
Some analysts from the EIA (U.S. Energy Information Administration foresee Brent crude rising to $105+ per barrel, in November.
Others from BMI / Fitch Solutions see it rising to $107 per barrel.
Energy commentator, Troy W Eckward, from Eckward Enterprises, warned that should the conflict escalate, prices could even shoot up to $150 per barrel, by the end of the year.
Picture: Samco