Oil prices surged past $105 per barrel Monday as US-Iran nuclear talks collapsed in Islamabad, stoking immediate fears of regional conflict and sending global markets into a risk-off spiral. The panic has triggered a historic spike in related Google searches, now double 2008 crisis levels, signaling widespread economic alarm over a potential supply shock.

Oil Price Hits $105: More To Come?

The US-Iran War continues to engulf the world of oil in its fire. As both nations were unable to make peace, the war fears have once again started to erupt and consume the oil sector once again. The initial market reaction of this “impasse” has led the oil price to spike to $105 as of now.

JUST IN: Brent crude oil surges 8% at open to $104 after US and Iran fail to reach agreement. pic.twitter.com/f5w4950TBB

Per the latest post by the Kobeissi letter, the US is now once again considering starting “limited” strikes at Iran. Citing the WSJ, the portal shared how the US may start striking key areas of Iran again, resuming a full-fledged bombing campaign. The platform later shared how Trump may also seek a temporary blockade and pressure allies to take responsibility for prolonged military escort through the Strait of Hormuz. Such developments are also pressuring the oil domain.

BREAKING: President Trump is looking at resuming "limited military strikes" in Iran in addition to the US blockade of the Strait of Hormuz, per WSJ.

Details include:

1. Trump could also resume a full-fledged bombing campaign, though officials said that was less likely

2. Trump…

Oil Price Search On Google Hits Record Highs

According to the KL post, such striking elements started to show effect with Google oil price searches hitting new highs amid the pressure. Per the post. The present search levels now exceed the 2022 and 2008 levels, peaking by nearly 300%.

The entire world is watching oil:

Google search interest for "price of oil" spiked to its highest level on record in data going back to 2004.

This exceeds the 2022 Russia-Ukraine war and 2008 Financial Crisis peaks by +300%.

This is also +235% higher than the 2020 pandemic… pic.twitter.com/mwe7pl3hEe