"Oil prices could go to 100 dollars"..."substantial threat" to escalating Middle East conflict

While Israel has warned of a retaliatory attack on Iran, which has carried out a missile attack, international oil prices could soar to $100 a barrel."We have a significant disruption to oil supply on the horizon," Saul Carbonic, senior analyst in energy at

research firm MST Marquee, told CNBC.

Carbonic said the current conflict in the Middle East is directly related to Iran, putting up to 4% of global oil supply at risk, and predicted that international oil prices could soar back to $100 a barrel if there is another attack or tightening of sanctions.

Iran is the third-largest oil producer among the Organization of Petroleum Exporting Countries (OPEC), producing about 4 million barrels of crude oil per day, according to data from the U.S. Energy Information Administration.

Carbonic has been overcoming concerns about oil supply disruptions even as the Middle East and Ukraine wars continue, but said he feared it could be a game changer this time as fatigue over "geopolitical risks" accumulates.

Josh Young, chief information officer at Vison Interrest, predicted that Israel would likely attack Iran's oil infrastructure, which would jump to more than $100 a barrel if Iran's oil exports were halted.Bob McNally, head of the
Rafydian Energy Group, also noted that the war has entered a new phase related to energy as Israel extends its front lines to Lebanon and Iran.