Jakarta, March 1 -- Mohammad Faisal, executive director of CORE Indonesia, said Saturday's US-Israeli attack on Iran, which caused massive explosions, could trigger a sharp rise in global oil prices.

Speaking to ANTARA in Jakarta on Sunday, Faisal said oil currently trades around US$70 per barrel. Continued conflict could push prices to US$80 per barrel.

"If oil supply through the Strait of Hormuz is disrupted, prices could surpass US$100 per barrel," he said, adding that the strait handles about 20 percent of global oil trade.

Disruption in the region could significantly boost crude prices. "A US$100 per barrel price would enter a high, record zone," Faisal said, noting the last surge occurred at the start of the Russia-Ukraine war. ...