$CARR

The Iran conflict, referred to as 'Gulf War III', has led to a significant disruption in oil supply, reportedly affecting 20% of global production. This level of disruption surpasses the previous record set during the Suez Crisis of 1956-57, as identified by Rapidan Energy Group. With no excess capacity available to mitigate the impact, oil prices are likely to surge. Traders could experience increased volatility in the energy sector, particularly with heavy dependence on oil. Companies in the oil and energy sectors may face sharp movements as markets react to the escalating situation.