The “expectation” is that oil will shoot up. The only way that will happen is if Iran shots their missiles across the gulf into SA. If that happens getting oil will be the least of our problems.
I had to laugh when I watched BBC-TV showing Iranian boats (Boston whaler’s with guns)then their ancient jet fighters and then the US aircraft carrier thinking, yeah, right. I’m thinking those Navy pilots saying “Oh Pleeeze, Pleeze” !!!