The recent U.S. military operation against Iran marks a critical escalation of tensions in the Middle East. Operation Midnight Hammer demonstrates direct involvement, raising concerns about the global oil supply chain. Following this incident, tanker rates and oil futures have surged. This uptrend indicates rising import costs, which may lead to increases in gasoline prices worldwide. Investors and traders in the energy sector should prepare for potential market volatility as these geopolitical developments unfold. Observing the trends in oil pricing and stock performances will be vital for decision making.