Geopolitical tensions in the Middle East have escalated rapidly in recent weeks, directly impacting global energy markets. US and Israeli military attacks against Iran began in late February, and the conflict has expanded with Iranian retaliatory actions. These developments have severely disrupted shipping traffic in the Strait of Hormuz, which carries approximately twenty percent of the world's oil and natural gas shipments. Iranian attacks on energy infrastructure and tankers have led to supply disruptions, while signals of involvement from Saudi Arabia and the United Arab Emirates have further increased risks. As a result, Brent crude oil prices have risen to around $108 per barrel in recent days, and analysts suggest that prices could reach $120 if the conflict continues. These geopolitical pressures have strengthened the inflationary environment, leading central banks to maintain tight interest rate policies and triggering selling pressure on risky assets. Experts emphasize that if the conflict is resolved quickly, oil prices could rapidly return to normal, but the current uncertainty could lead to long-term market fluctuations. Investors are closely monitoring these tensions and restructuring their portfolios accordingly.