You said: What a simplistic and superficial analysis.
Good point. Restricting the purchase of oil from an oil-producing country doesn’t drive prices up, and easing those restrictions — and increasing supply — doesn’t drive prices down. I wonder what grade you got in Economics 101.
Since you asked, I got As in every econ class I ever took. I wonder what grades you got in English and logic because your post doesn't seem even remotely relate to the point I made.
Here it is in English at a much simpler level. The agreement whereby the US turns a blind eye to Iran's intent to build and use nuclear weapons has removed all incentive for Israeli restraint. When Israel launches a massive attic on Iran and it's military and industrial infrastructure (including the aforementioned oil producing sites) a broader war will erupt in the Middle East. War in the Middle East ALWAYS reduces supplies, ALWAYS increases costs of production and delivery and makes speculators very nervous and ALWAYS drives oil prices through the roof.
Do.....you....understand.....now.....? Or should I say it even slower?