The recent Israel-Iran conflict led to a dramatic shift in the markets as the price of the benchmark Brent crude oil rose more than 10%, hitting its highest point since January. On June 13, it closed at $75.

Oil prices continued climbing Sunday after Israel and Iran traded blows against their respective energy facilities, threatening to expand the impact of the conflict in

There are growing fears of another energy driven inflationary shock the economy, as oil and gas prices continue to climb in response to Israel's conflict with Iran.